WanchainUpdated Current Situation For Wanchain
Bouncing between support and resistance, looking for a resolution in the next 24-48 hours.
Bullish
- recent partnership announcement
- increased volume
- great fundamentals
- slowly building a strong community
Bearish
- short term traders taking profits
- lack of awareness of the coin (marketing)
- Frustrated investors from the ICO boom who got caught holding bags
Regardless of this short term outcome, when BTC dom drops and money starts flowing into alts - wan will most likely be picked up majorly due to its fundamentals.
Bullish
- recent partnership announcement
- increased volume
- great fundamentals
- slowly building a strong community
Bearish
- short term traders taking profits
- lack of awareness of the coin (marketing)
- Frustrated investors from the ICO boom who got caught holding bags
Regardless of this short term outcome, when BTC dom drops and money starts flowing into alts - wan will most likely be picked up majorly due to its fundamentals.
Note
trade in play
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.