Hi dear friends, hope you are well and welcome to the new update on Wanchain coin (WAN) with US Dollar pair.
I have already shared a long-term trade setup for WAN, which is still in play as below:
On a daily time frame, WAN is completing the final leg of a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and...
Wanchain (WAN) is forming a bull flag on the 4 hr with the local support established at 1.57
This DeFi project is mid-cap (312k) and just had some great news: Jupiter hard fork is coming April 15th. The news just came out today, so still fresh. The Jupiter hard fork makes Wanchain fully compatible with Ethereum.
Bitcoin keep experiencing correction at the moment,...
From mid of the Jan up till 4th feb 2020 the price action of Wanchain took upto 120% bullish move and after hitting $0.3659 we can see some correction waves and these correction moves 1st formed a bullish Butterfly pattern and then another harmonic bullish Shark pattern.
The price action has already hit the spike between 0.886 to 1.13 Fibonacci and completed the...
Priceline of Wanchain / US Dollar cryptocurrency is forming bullish Cypher pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.1897 to 0.1810
Sell between: 0.1965 to...
Priceline of Wanchain / Tether US cryptocurrency is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for...
On 2 day chart priceline of Wanchain / US Dollar has formed a bullish gartley and entered in potential reversal zone.
I would suggest to use the PRZ area as stop loss coz the A to B leg is retrace almost upto 0.786 fibonacci and in case of breakdown the potential reversal zone the D leg can move between 1.27 to 1.618 Fibonacci to form a bullish butterfly.
I have...
After a successful formation of bullish gartley the priceline of Wanchain / US Dollar has formed a bullish cypher and almost entered in potential reversal zone.
I have defined targets using Fibonacci sequence:
Buy between: 0.34137114 to 0.31440000
Sell between: 0.36260840 to 0.41359320
Regards,
Atif Akbar (moon333)
Pattern: 1W Bearish Megaphone.
Signal: Bearish as the price was rejected on the Higher High and just above the 1W Resistance.
Target: 0.21000 (the 1W Support).
