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...
Clear breakout and retest of the white diagonal, then rejected at yellow zone which represents cluster of recent rejection wicks and last waves 0.236 fibonacci retrecament level resistances. Retest of the white diagonal or close above yellow resistance are buying areas. Take profit at fibonacci levels and horizontal resistances cluster zones. Stop if price gets...
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...
This is still an early stage and still needs confirmation like breaking the previous resistance. Pattern wise, the place to buy is when it breaks out the resistance of the cup. But I made a little risk here and join the early bird.
I bought at 0.1880, in which I am already making a little profit since it already bounces a little.
This might takes a long period...
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.
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
Atif Akbar (moon333)
Priceline of Wanchain / US Dollar cryptocurrency has formed a bullish butterfly pattern and entered in potential reversal zone.
RSI is oversold.
I have used fibonacci sequence to set the targets.
buy between: 0.42530000 to 0.40022230
Sell between: 0.44380302 to 0.48864852
Atif Akbar (moon333)