Can WANUSD go lower? (Wave5)
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I will share my thoughts of the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it!
WANUSD; We are still in a falling wedge pattern, which is getting tighter. A break will soon be imminent. Currently price is at the 0.786 Fib, this level acted well as support in history. Right...
My longer term target for wan is 0.75.
Can we drop first too 0.15? absolutely , all depends about big daddy bitcoin..
On the weekly chart we have a big falling wedge, once we can break this pattern, a huge move will follow.
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...
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)
This is WANUSD Price Action in last 3 days.
Wanchain is on my Watchlist now.
I am Bullish, and I am waiting for a deeper correction to buy .
The ideas and price alerts published here are not financial advices.