Wanchain (WAN) formed bullish BAT for upto 10% pumpHi dear friends, hope you are well and welcome to the new update on Wanchain coin (WAN).
Previously WAN was very close to complete the pattern, but pumped before entering the buying zone as below:
Now on a 2-hr time frame, WAN has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Wanbitcoin
WAN ANALYSIS: WAIT FOR BREAKDOWN OF WEDGE!WAN ANALYSIS:
WAN is retracing back towards support inside of a falling wedge. WAN is sitting at a temporary support that has been expecting a bounce, but since broken below the 200MA. This signals a short term bearish trend that I expect to have a final leg down to hit closer to the green support box. I recommend to stagger long bids inside this zone. ATR is neutral at this time, while RSI sits just below neutral. Therefore indicators on the daily show I could go either way. If we do not see the drop today, its possible wan does break UP and OUT of the wedge towards T1 at 2602 sats. Following this T2 hits at 2814 sats and T3 at 3024 sats. If WAN does break out of there wedge before support is hit, we can open a new long on the breakout. Otherwise, wait for support and ideal entry.
Possible Entries: 2100-2275 sats
WANBTC has formed bullish BAT | A good buying opportunityPriceline of Wanchain / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002447 to 0.00002387
Sell between: 0.00002591 to 0.00002805
Regards,
Atif Akbar (moon333)
WANBTC is giving another profit opportunity by forming a SharkBy the grace of Allah the most high after my previous successful gartley chart of WANBTC :
Now the Priceline of Wanchain / Bitcoin has formed another harmonic Shark pattern.
Volume profile is showing less interest of traders at this area.
Stochastic is oversold.
But the MACD is strong bearish and Stochastic did not give any bull cross sofar therefore for secure trade we can wait for MACD to turn weak bearish or bull cross signal from stochastic then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00003136 to 0.00002835
Sell between: 0.00003459 to 0.00004119
Regards,
Atif Akbar (moon333)
WANBTC has formed a bullish gartley | Upto 91% expectedPriceline of Wanchain / Bitcoin cryptocurrency has formed a bullish gartley pattern and entered in potential reversal zone.
We have 25 simple moving average support within the PRZ area and a goden cross formation between 50MA and 100MA beneath the potential reversal zone which can help the price action to take bullish divergence from here.
I have used Fibonacci sequence to set the targets.
But beware and must use the PRZ area as stop loss coz if the priceline breaks the PRZ area then it may go for bulllish BAT pattern.
Buy between: 0.00003435 to 0.00002751
Sell between: 0.00003973 to 0.00005265
Regards,
Atif Akbar (moon333)
WANBTC forming bullish cypher | Upto 24% expectedPriceline of Wanchain / Bitcoin cryptocurrency is forming a bullish cypher pattern soon it will be entered in potential reversal zone.
MACD is strong bearish.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.00004293 to 0.00004024
Sell between: 0.00004507 to 0.00005018
Regards,
Atif Akbar (moon333)
$WAN Can Possibly be Your Best BetThis one used to be my favorite back then.
Fundamental side, WAN Chain is pretty much a bunch of good people made a pretty good team at the moment, if you look at their twitter account they are sometimes reveal they activity in the process of developing WAN. I love this part, it makes me closer and can see clearly what people's do, how they do, where they do and pretty much they gaining my trust, and others.
Only 100+ mil on the circulating and 210 mil on total supply... $38 mill market cap.
Cheap!
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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WANBTC - Mid term opportunityWANBTC down channel pattern, quite a difficult to say the movement but we predicted 2 possible scenarios...
As per RSI also a bullish divergence from a long time...and stochastic showing some downward momentum...
Good news is that WAN has fundamental news in March, so traders can trade as per fundamental movement
TIP : I'm quite positve on RSI divergence :)
WANCHAIN - IS IT STILL ALIVE? OR HEADING TOWARDS GRAVE?WAN has been in the continuous long term downtrend since May starting and the price has depreciated by almost 87%.
It has been moving inside the falling wedge for quite some time now.
The price has been continuously getting rejected from the basis line of the Bollinger bands.
The price action is so weak that it is not even able to cross through EMA(12). (See the circles marked with Pink colour)
Now the price is at the lower boundary of the wedge from where it should try to move towards the basis line
of the Bollinger bands or atleast till the EMA(12)
If it does't rebound from here, it should fall to 1200-ish satoshi range. Alternatively, we the price is able to push a little bit up, it can reach upto 2k satoshi easily. In any case, we are possibly near to bottom. Get ready to open up some positions!
I'll keep updating this, as and when required.
P.S: This is not an investment advice. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.