Priceline of Wanchain / Bitcoin cryptocurrency is forming a bullish cypher pattern soon it will be entered in potential reversal zone.
MACD is strong bearish.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.00004293 to 0.00004024
Sell between: 0.00004507 to 0.00005018
Atif Akbar (moon333)
Simple, Icon and Aion made some great movements recently. And all these coins are still down a ton since their ATH.
Will we reach ATH’s again? For the projects that are legit, we’ll break past them in the coming bull run. Just like BTC is breaking ATH’s again.
Hard to believe, but who expected Amazon to hit $2000 after Dot.com bubble?
WanChain, on support...
Priceline of Wanchain / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002447 to 0.00002387
Sell between: 0.00002591 to 0.00002805
By the grace of Allah the most high after my previous successful gartley chart of WANBTC :
Now the Priceline of Wanchain / Bitcoin has formed another harmonic Shark pattern.
Volume profile is showing less interest of traders at this area.
Priceline of Wanchain / Bitcoin cryptocurrency has formed a bullish gartley pattern and entered in potential reversal zone.
We have 25 simple moving average support within the PRZ area and a goden cross formation between 50MA and 100MA beneath the potential reversal zone which can help the price action to take bullish divergence from here.
I have used Fibonacci...
Nice volume push on WAN today; had these lines drawn ages ago, funny how horizontals are such a simple yet effective way of finding take-profit areas. Rumor on the streets is that WAN has some upcoming catalysts, so keep an eye, and do not buy at resistance plz.
This one used to be my favorite back then.
Fundamental side, WAN Chain is pretty much a bunch of good people made a pretty good team at the moment, if you look at their twitter account they are sometimes reveal they activity in the process of developing WAN. I love this part, it makes me closer and can see clearly what people's do, how they do, where they do and...
After a big move up, WAN is consolidating before making a cup and handle pattern to break the resistance area. It should keep consolidating within the purple box, the box can also be used as a buy zone. A succesfull retest of the 0.618 Fib would also launch WAN to retest the 0.0001280 area, but a 1 day candle closing under it would mean a test of...
Wanchain (wanchain.org) aims to build a distributed future "bank." As a distributed digital-asset based financial infrastructure, Wanchain allows any institution or individual to set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital...
WAN wasn't looking good last months but since beginning of February it started making signals for bottom. And now it even grown above middle of consolidation channel after making higher low. That is promissing at least for one attemp to get to 900.
WANBTC down channel pattern, quite a difficult to say the movement but we predicted 2 possible scenarios...
As per RSI also a bullish divergence from a long time...and stochastic showing some downward momentum...
Good news is that WAN has fundamental news in March, so traders can trade as per fundamental movement
TIP : I'm quite positve on RSI divergence :)