LONG - WAN - Trading OpportunityBINANCE:WANBTC managing to retake the MA200 after the meltdown a few days prior, this might be an indication of the start of another uptrend if we manage to stay above here.
Entry: 0.00002724
Target 1: 0.00003019
Target 2: 0.00003164
Target 3: 0.00003656
SL: 0.00002579
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Wan
$WAN, Trying to break from descending channel..$WAN
Trying to break from descending channel as it recovers and R/S flip support level at ~2900 sats..
Volumen decreasing, signaling a potential stop to downside..
UCTS Buy signals across multiple HTFs
OBV potential bullish divergence
If it gains traction, ~3500 as target
#WAN
BTCUSDLooking at a long setup on BTC off the 4h chart
Waiting for willy to come into stupid
Same as the histogram, would like to see a div
OBV looking healthy and has crossed bullishly
Low volume so would like to see the bulls drive the bus
We are in location at the buy zone between the 618 and 786
Price trading right at the POC
My target objective would be at the 618 which lines up with the top of value and previous candle body lows.
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Wanchain Challenging Resistance, Ready To Grow 40-80%Wanchain (WANBTC) just completed its retrace and is now starting to move up... As I write this, we can see a break of EMA50 (0.00002280) as well as a major trendline being broken... The trading volume is starting to go up.
So the chart is now bullish and we have bullish indicators... Wanchain (WANBTC) is bullish and going higher, here is our previous analysis:
All the targets are marked on the chart.
Remember this is not financial advice, you need to have a plan/strategy before you trade as charts are always changing.
Feel free to leave a comment in any of my trade ideas if you have any questions, I am happy to support/help, it is my pleasure.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
Wanchain Breaking Out Of Downtrend, Potential Bullish SetupWanchain (WANBTC) just broke a major trendline from the peak hit in late August 2019.
In early Aug. 2019 WANBTC hit a new low and quickly move to produce a very strong bullish wave, prices stopped just at MA200.
A strong correction followed and prices are now consolidating before the next move. Since the downtrend line has been conquered and EMA10 is now below WANBTC, it is likely that this pair will go bullish soon.
The last low at 0.00001880 can be used as a stop-loss.
This is not financial advice. :)
Namaste.
Wan Wanchain WANUSDT Trade Setup 1D TF 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 below white diagonal again with 4h close.