WAN recently broke free of a bearish channel. It had hit a 1.618 based on fib extensions, too.
Currently it is in a new rising channel.
I think that now is a great time to buy when it is 530 sats or less approximately.
There is a lot of bullish fundamental news for WAN next month and into the summer, and the rest of this year in fact.
IMO, Zil has likely bottomed.
I am seeing nice confluence with Fibs right now from the top.
The initial down move from the top shows that we have done a 100% retracement from that point around 216 sats.
We have also done a 100% retracement based upon the last big down move in Zil from 670 sats.
This gives us confluence with the big picture down...
To me it looks like VEEV is in a long term ascending broadening wedge from the time that it entered the aggressive uptrend that it has been in since February of 2016. When researching an ascending broadening wedge, things eventually go south for the asset that is printing that pattern. I am not sure when this will eventually tank hard, but I have...
I was introduced to this stock by my father, and wow, it is a great one to trade!
I am personally waiting for the MACD to cross bearish on the daily chart to consider opening a short position.
I am also going to let the moving averages signal a dump as well.
We are already starting to kind of bearishly diverge on the RSI on the Daily chart, where it...
To me it appears that WAN might be forming the head of an inverse head and shoulders on the daily chart.
In this case, if you purchase in this range or even if it goes a bit lower, you'll be potentially purchasing at the lowest satoshi value that it will go to if this reversal pattern plays out.
Once the head is complete, WAN could make a big...
I am in the camp that says ZIL is probably going to dump instead of pushing much further up in the meantime. However, this is crypto, and insane amounts of volume can come in out of nowhere.
I am not telling anyone to buy or sell their ZIL at this point in time. Personally if you are worried about small moves on ZIL right now, this is not the...
Zilliqa is a fantastic project that I have very high hopes for in the future.
It has had a really nice run so far!
Personally I think that it is going to dump soon since the main net is close. Sell the news as they say.
Technicals are playing along with this as well.
As you can see, the RSI has a bearish divergence on the daily chart. The...
I think that you can see this nice BIG reversal pattern that is trying to finalize right now on the QTUM daily chart .
I'd suggest buying within the zone of 493 sats to 552 sats . That would be in the approximate zone to develop this reversal pattern and also act as a great buying opportunity IMO .
I think that WAN is in a great accumulation zone currently.
I have also posted a take profit zone that I think will be nice for the middle term.
Stop loss is discretionary as far as placement goes, but please always use one!
WAN seems to be getting plenty of bottom wicks here in the meantime. It needs to recover from its most recent failed resistance attempt of the 1090-1100 sat range.
If we can establish some support above that with some volume, I think that we could have a nice run up to where we'd fallen off of a cliff in the 1500-1800 sat levels.
Really nice buy at these...
I think that Ada is in for some nice gains in the coming weeks to months. Currently I think that it needs to re-trace.
It looks like a failed rally after its initial run, where I suspect that it will fall close to the mid 900's in sats.
Just my two sats for now.
It is my personal opinion that Cardano looks like it wants to re-trace here before finally breaking out of its symmetrical triangle.
The 4 hour RSI looks like a failed breakout on its most recent small run to the triangle downtrend resistance line.
Stoch RSI shows us overbought during a downtrend, which makes me think we head down in the near future....
KMD has a nice bullish divergence on the 4 hour chart.
It is within a falling wedge currently.
It has already done almost a .786 retracement from its most recent run.
I think that now is a great time to be accumulating.
I have been trying to pick the bottom on this one for a bit now.
We currently have a bullish divergence on the 4 hour RSI and MACD.
We have a falling wedge, which we may get rejected at the resistance/downtrend line, which coincidentally is by the 20 day moving average on the 4 hour chart.
I am hopeful that the bulls can charge through these...
WAN did its re-trace, made an initial recovery.
We are sitting above a 50 RSI on the 4 hour.
We are sitting just below the 55 EMA.
Our golden cross is still in tact.
We could have a break-out soon.
If we get rejected, I could see a potential short term double bottom.
WAN did a .618 retrace so far from its last run-up sequence, or almost a .786 depending upon which point you trace from.
It is in oversold territory, and is showing a hidden bullish divergence from October 15th to now.
I think that now is a good time to start your re-entry into WAN.