Wanbtc
WANBTC: Let us capitalize on this before its too late.June -3 WANBTC was rejected and since then its been freefalling.
WANBTC has lost 50% of it's value and selling for lower than its market entry price.
AS the Related chart shows: The Retracement period looks to be finish.
Entry - Two days ago. Now, going long on WANBTC.
What the chart shows:
When the cloud is below WANBTC, we are in a bullish scenario.
When the cloud is above WANBTC, we are a bearish scenario.
Currently the cloud is above and is showing bearish market.
Swing Traders:
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level .
Only trade when you see repeated price pattern.
Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me for future charts, like this post if it was helpful, and thank you all.
Happy trading People...
Wanchain (WAN/BTC) - Great opportunity for a quick trade.After patiently waiting for Wanchain to start retracing, we have now approached an ALT combined with a great bull divergence on the daily. Great for a quick trade of 30% (TP @ 4.2k (purple resistance line).
Order hit at 3.106k.
It's important to keep a close eye on bitcoin, and the fact that Wanchain made a new ATL, best keep this trade short. I will be taking profit at 4.2k and leave a small bag incase we go higher.
Most alts are hitting bottom, making new ATLs, and BTC dumps getting weaker, so it's also a great opportunity to start slowing scaling in. Until stronger reversal signals for BTC , there could always be the risk of alts hitting even lower, so only pick up small bags along the way! :)
Happy Trading!!
$WAN, Does It End Here..
Daily
Looking at our trend timeframe we see price has remained in an aggressive downtrend, and now looks to be attempting to break out. Stochastic RSI showing momentum is heading towards the downside, however price could be possibly forming a double bottom.
4Hour
Shifting over to our pattern timeframe we can see from previous price action history 3300 is a possible support level. Stochastic RSI showing momentum is heading towards the upside with no signs of slowing down, and price action has just formed a double bottom. A 4hour close above 3380 activates our trade.
WAN/BTCWan is looking good for an new retest of the resistance. Look for it to break 0.0003970, when breaking we should see more volume coming in and also go up to 0.0004130 before doing a retrace back to resistance to clarify that resistance is now support. If that happens it would be a good time to buy.
If resistance holds up we should expect a new down move to to retest of support at 0.0003534.
feel free to ask any question :)
Wanchain may have found its bottomFor those who missed out on #Wanchain, we are at all time lows with a good r/r set up. Bollinger bands W-bottom on the 1D with SMI divergence. Might be time to finally pick up some $WAN. Short term targets 4100 sats and 4800 sats. Don't forget to have your stops (3200 sats).
WANCHAIN great buy after 100% retracement We can see a bullish divergence forming, as well as a 100% retracement with great news in the near future. This is a great setup, in which I will be selling in the red boxes and buying in the green. This is a coin that can move very quickly, so dont forget to take profits. While it can clearly go higher than my highest red box I am looking to get out earlier.
Wancoin (WAN) Trade on Binance (100% Profits Potential)Wancoin (WAN) started a month long rally on early April, reached its climax at the beginning of May and later shook off all gains to finally reach "bottom".
Looking at the chart today, if WAN holds above the 5300 satoshis level, another run can start and good profits realized. With several major events coming up for Wancoin (WAN), we can expect another move in the next 2-3 weeks. We are going for very low risk, and very high rewards...
Wancoin (WAN) upcoming events:
-> Wanchain 2.0 - 30 June.
-> Mainnet celebration - 7 July.
Wancoin / Wanchain (WAN) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy up: Up to 0.0005800
Wancoin Targets:
(1) 0.000609
(2) 0.000657
(3) 0.000737
(4) 0.000802
(5) 0.000866
(6) 0.000958
(7) 0.001075
(8) 0.001204
Stop loss: 0.0004750
Note: If WAN goes down lower before going up the possibilities are really high that it will bounce back up strong fast, for this reason the stop loss is optional for this trade. Patience is key.
Capital allocation: 5%.
Time frame: 1-3 weeks.
Note: Time frame is the expected time necessary for this trade to develop. This is not exact and can change according to market conditions. Use it as reference.
Trade strategy: Aim for at least 20-30%+ profits.
Namaste.
WAN ENTRYWe are approaching what I think to be a good entry point ROUGHLY 5750 Satoshi. We want to enter as close to the ascending trend line as possible after confirming bullishness. There are many technical ways to confirm bullishness, but the simplest way is to see a sustained bounce off of the line accompanied by bullish indicators.
WAN 8 HR CHARTWAN is traveling slowly upward along the violet ascending trend line. WAN has strong FA, but nothing major coming for a few months. Profvided that the crypto market remains relatively stable or bullish, and as long as WAN fundamentals don't change drastically, I see a slow climb over the next several to the next 2 fib levels as per the above chart.
WAN, WANBTC - Ready to Break Out?WAN, WANBTC had a very nice runup till the beginning of May and since then retraced all the way back to the .786 level and it's now in a big channel.
If we manage to break out of this channel from here then we're looking to make an inverse head & shoulder pattern with the break at around 6585 satoshis of the neckline.
In the chart above you see my EW count of the next impulse wave up if WANBTC manages to keep recovering.
Leave a comment if you have any questions.
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And until next time, good luck with your trading!
Disclaimer
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.