NOTE : These are just my opinions. My messages or chart analysis are NOT intended as a recommendation to buy or sell any cryptocurrency or asset. Do Your Own Research.
** NO POSITION , NO COMPENSATION **
This is a simple trade analysis of the WAN/ETH altcoin trade.
Chances to follow the blue solid line are high. Dashed lines are much less probable.
Do not take into account delays.
WAN/ETH is currently at 0.005260 (it should come back at least to 0.005150).
Within less than a week, it should reach 0.006300 (+22% : subwave 3 of wave 3). Scale your...
WAN is still relatively new to the exchanges. Here we see that price action is below its opening candle. This is typical of securities and their IPO, so the parallel action with WAN's initial coin offering is reassuring. The rumors are that there is "Smart Money" behind WAN. The price action reflects just that with the retracement to more than 61.8%. Other rumors...
WAN is really a crappy coin but we don't care since we want to take some profit from it's price swings.
WAN formed a double bottom and now retesting one major resistance after which it can go to the next one with ~10% short term profit.
Actual could be a good entry point for BINANCE:WANETH
Wanchain is a very good project and Wan Explorer 1.2.0 will be released Middle of may & Integration with Ethereum and Multi-Coin Wallet at late by end of june.
This buy opportunity is for a long target...
WANETH Dppo Fail day so (up)
Macdp day is (up)
Dppo sell Fail h4 so (up)
High Volume with price going up
TP: 0.017000 or Waiting Dppo Sell Day for Trend Following