Wanbtc
Wanchain Fake Breakdown, Getting Ready To Move!Take a look at the orange rectangle on the chart above. A low volume break below support just to quickly bounce back up...
Wanchain is getting ready to move.
Keep an eye on this one.
The main target marked on the chart as 0.0000577.
Stop-loss: Close below 0.0000227.
Thanks a lot for the support.
Namaste.
$WAN, About to reach first trouble zone$WAN / $BTC
About to reach first trouble zone (~3500 sats/EMA50) after a good recovery from ATL BTC levels
Interaction with this level is key to know if we can aim for a new resistance/target at ~4200 sats...
Volume,MACD,RSI rising // UCTS Buy signal active on 6H/1D charts
#WAN
WANCHAIN : Upto 40% Profits Opportunity For The Short Term#Accumulation_Recomendation
Pair : #WAN / #BTC
Platform : #Binance
RSI : 50
Volume : Seems to be in a good pace by the last 1 hour but needs to further get some more energy.
**Note : Falling wedge formed already and broke out by the current candle stick. It might go further go down a little bit upto 4550 sats and most probably will be in reversal trend if the current candle ends in a bullish way. RSI and MACD on favor of the bulls and EMA showing a good formation for the bullish trend formation in the short run. In addition to this the Mainnet Upgrade which will be happening today will be a good fundamental news for WAN to show a good uptrend moves.
Accumulation Area : 4550 sats - 4650 sats
Distribution Targets
Target 1 : 4860 sats
Target 2 : 5130 sats
Target 3 : 5350 sats
Target 4 : 5570 sats
Target 5 : 5880 sats
Target 6 : 6270 sats
Stop Loss : 4200 sats
Risk : High
Capital Allocation : 4%
TogetherWeAccumulate
$WAN Showing great volume over the last days$WAN Showing great volume over the last days
Still not able to break down from current level (resistance at 5.9k)
Once it manages to break/flip R/S, then we may see good activity under this coin. Calendar full of events that could act as catalyst
Worth setting some alerts!
#WAN
Wan(BTC) 5 waves to 750 then 215 ?Wan has shown nothing but negatives here I thought last week we could bounce. But now we are still on a down 5 on a 3 of that count.IMO if our 3 is a 1.618. 3s are not always to that extension but, if this holds here 700 could be very well in our future or this wave could be a deeper extension if it is this wave could is invalid as we would go negatives. longterm 215 keeps showing up in any chart I try to chart wan though so the final target comes up once again.
Wanchain Chart Analysis (Weekly & Daily Time Frames) + TargetsWanchain (WANBTC) Chart Analysis
Let’s start with the long term chart, simple and straight forward:
Last weekly candle closed in a Doji, reversal signal.
New all-time low for the Doji candlestick.
Above average volume.
Market sentiment changing from bearish to bullish.
When we look at it shorter term we have all the same classic signals… They are the same because these are the only signals that we need in order to find a potential bottom and come up with a low risk and potentially highly rewarding trade, this is all incredibly easy for us, it is even fun and entertaining most of the time:
Here we can see the bullish divergence again.
Volume slowly increasing.
Trading above EMA10.
The RSI hit oversold and is now poised to move up:
And that's it, that's the analysis... Make sure to hit like if you enjoyed or would like to show some support... It only takes a few seconds and we really appreciated.
Namaste.