Get started

Wanbtc

WANCHAIN-WAN/BTC SETUPWanchain (wanchain.org) aims to build a distributed future "bank." As a distributed digital-asset based financial infrastructure, Wanchain allows any institution or individual to set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets.There are various upcoming news and catalyst so it might affect its price. Let's analyze the Daily Timeframe chart of the pair to know levels to buy and could be one of the best performing coins now. WAN/BTC pair has already seen a surge of 50%+ since last month and with more upside potential because of upcoming news and catalyst.It will undergo a slight correction to downside in the coming days/weeks. Interested buyers can look for price around 0.0000945-0.0000983 Satoshi(first green bar) and around 0.0000845-0.0000867 satoshi(second green bar) using laddering technique. Sellers can look for three potential sell zones 0.0001465-0.0001530 Satoshi(first red bar),0.0001958-0.0002037 Satoshi(Second red bar) with long term target around 0.0002890-0.00003027 Satoshi(Last red bar). Also, it has been trading above the 200D-SMAs and entered Ichimoku cloud, breaking above it would be strongly bullish for the asset. Caution: If the last line of support 0.0000749-0.0000708 satoshi (last green bar) is broken down then one should not hold the coin as it would be strongly bearish(sell signal) for the asset.
Long
by coinswitch-trading
2
Wanchain Getting Closer To Breakout (1360% To All-Time High)Wanchain (WANBTC) is getting closer to breakout... let's take a look. WANBTC has been going down since hitting an all-time high back in May 2018. As it drops, it has been creating lower lows. Recently the chart is going flat, and we can see higher lows being breaking, with the same happening on the RSI and MACD as well... WANBTC is preparing to break out. Trading volume has been increasing, and today there was a break above EMA10. The last four times that EMA10 was challenged, all produced above average breakout, all sell orders being bought. These signals are telling that Wanchain (WANBTC) on Binance is pointing to a breakout soon. I'll be keeping an eye on this chart... Thanks a lot for reading. Remember to hit like to show your support. Namaste.
by AlanSantana
17
WAN- Bearish divergence on 4HAs is stated in the title, I spotted a bearish divergence on Wanchain's 4Hr chart. Fib retracement has 1825 satoshis high from 31st of October of 2018 and 737 satoshis low of 6th of February of 2019. Chart shows higher highs on price chart, but lower highs in RSI and Chaikin Monew Flow indicators. Coupled with this bearish divergence, we haven't had confirmation on top of the .382 retracement resistance. Taking this into account, I believe the most likely scenario is a short-term retracement right now. We will have to see what happens after that for a confirmation of this bullish trend. Maybe even a comeback for this big time altcoin retracement when the staking pilot takes place. PD: Not financial advise, educational only.
by RicardoFlorez
WANBTC - WANCHAIN - Time for a small bump in price?Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I don't typically keep an eye on WAN but I was alerted to it by a fellow friend of mine (Thanks Byz) and saw enough important points here I felt like I had to post my thoughts on it. First lets pay attention to the orange trendline. That is the 30 day exponential moving average (EMA). You can see over and over how there was rejection at that particular level. In August, September, and in October it was able to break through it temporarily. Once it was able to break through, it got a clean rejection at the 75 day EMA. We have officially been governed by the 50 day EMA recently all throughout 2019. We're finding some support at the 25 day and with so many other alts popping right now it would not surprise me one bit to see this one get a small move to the upside. The question, as always, is where will it stop. First, we've got to close above the 50 day EMA before I consider opening a position. I can see our major resistance being around 925 which is based on the upside move back in January. Best thing you can do is take the trade on a clean break of 825 and once it hits 850, set a stop loss and let it go, moving up your stop conservatively every 5 or 10 sats or so. As always, strict stop loss which I've adjusted to the daily low from today. It's about 3:1 odds for this trade. Trade safely friends! <3 -CE-
Long
by bitdoctor
4