Wanbtc
WANCHAIN BREAKING OUT OF CHANNEL DOWN ? Wan has been in bear market more than 3 months and finally break out of channel up. We have to watch WAN very closely because volume increased and RSI on 1d chart formed nice double bottom.
CCI indicator is turning into the green .
Wan has minor resistence around 63k sats but if market continues to be bullish and we dont fall with bitcoin back to panic sell than wan will rise with bitcoin also.
Look for Buy around 55-60k sats with target 65k sats, 70k sats and 75k sats, you can put your stop loss bellow 52k sats.
Good luck
WAN quick profit (2-5%)Wan has reached "bottom" and bounced (thanks to BTC). Now we are slowly moving up and down inside a small triangle.
I expect WAN to bounce back from triangle bottom and go to 6180 (+2%), than 6280 (+4%) and if we are lucky and Bitcoin doesn't fall - to 6350 (+5%) where important fibonacci level will hold it for a while. Than we'll see.
Check out 4H chart for the global picture.
P.S. If you like my analysis please push "agree" button. I live on it =)
*UPDATE* WANchain ew COUNT adjusted- is the C-wave in?*UPDATE* 5/27/18
- EW has been adjusted slightly
- dump in progress and currently in our buy zone.
- the C-wave could be in right now, but could go as low as 5300 before we make an attempt at a big bounce
- Just a reminder that BTC runs the show, so all trades are fairly risky in the current environment of bitcoin so please keep that in mind and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
*UPDATE* WANchain ew COUNT...HnS playing out- Head and shoulders currently playing out as WAN is continuing to follow BTC price action
- looks like we're still trying to complete the C wave before we see some definitely positive movement
- RSI and Stoch RSI primed and ready for a bull run
- will set some more buy orders ~5700-5300 as I still see this project being massively undervalued at the moment
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Wanchain is loveWanchain is a coin that was listed in six months after ICO in October, 2017
March 24,2018 Listed on the Bainance
The initial price of the listing is around 4.5 million yen. After getting the initial investors' first dumping amount, price was rising sharply from early April.
May 4, 2018 Listed on Huobi
On the day of Huobi listing, he touches the highest point of 0.001, but the dumping of the WAN is started after that day.
Although the price of bitcoin dropped in early May and the market could be damaged, The reduction in the Wan chain was even more damaged.
May 24, 2018 A change in trend
Is it because the bleeding of a Bitcoin lasted for three weeks was slowed down?
Every altcoin are erectioning.
Wan is more big and thick. And now he has calmed down.
So now we are thinking about short-term Goodnews about Wanchain.
One.
It is ahead of main net 2.0 in June 2018. Since the PoS will activated through this update, I think that now is the last operation period of the people who want to secure the quantity of the WAN.
Two.
The ICO of 'Cryptocurve' based on Wanchain will be started in June.
Presales are currently underway, but as they are recruiting by Etherieum, they are not as attractive as they are.
Still good? admitted?
In this way,
The rising curves (red) and the adjustment curves (black) are have been drawn constructed by combining the past charts of Ethereum and Omisego.
My analysis ends when it drops below 0.00057 on BTC Market.
WANBTC Market cycle completionTA:
- Golden ratio zone
- ABC zigzag correction with ending diagonal which sub into 3-3-3-3-3 subwave
- RSI and AO divergent in formation
- OBV still bearish , if breakout the trend and upward volume will be a good indication current at good multiple support zone
FA:
- Wanchain 2.0 30 June 2018
TP:
- Previous high to be conservative
- Breakout previous high wave 1 will have another set up will be implement which potential going for 3rd wave completion easily going for 200% gain together with previous set up.
Conclusion:
I have no reason do not take this trade as a trader with textbook cycle and good RR
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it
WAN/BTC new short term targetWAN/BTC didn't have any respect for the 50 fib target. Looking for a bit of a front running on the 618 fib target, RSI should be close to oversold around that region as well. I think this would be a great opportunity to get into this project if you're looking to buy and hold for a while.
Long @ 6650-6550 sat.
~Laika
$WAN Buy Opportunity $WAN
Green area is buy zone for me, all the way down to the 0.618 fib level. Notice the huge green candle outlined in blue? The larger the candle it takes to break a support or resistance level, the stronger that level is. The resistance in that area was very strong, then 5-6 candles later it was immediatly tested as support. IMO this level will hold as support once again.
- Decreasing volume indidcating that sellers are depleting.
- RSI nearing oversold.
- 1st target price is in blue, along with other upper fib levels.