Wanbtc
WANBTC breakout dbl bot as BTC struggles to break R2As $BTCUSD continues to stagnate between $8400-$8600 resistance zones; pursuant to that key pivotal resistance of $13.6K; or another massive selloff dreading us toward the $6-8K range a conjecture formed around the 200 MACD read my Linkdin article for LONG update but I digress...a lot of mixed signals in what was undoubtedly an eventful week news wise.
On a more positive note (while we're left here biting our nails awaiting the fate of the minnows vs. whales in the tug-of-war- between the pivotal resistance needed to cross and the key support we've managed to hold this fluctuation in price has presented many altcoin opportunities for quick profits for you EMA{8,12,15} or short-mid term swing traders.
Such alts include: $XRP/$WAN/$EOS/$ETH -- the latter two of which are vastly undersold IMHO.
Here are the figures for this publication: remember to take all technical analysis with a grain of salt.
TARGET TP SHORT: 3253s
STOP @ 2404
DISCLAIMER
Not financial advise
-@a1mtarabichi
WanBTCChinese coins going great lately
Wan included But there's more to Wan than meets the eye
MY view on Wan the coming days
No financial advice
WAN/BTCWan/btc seeing a great breakout from this wedge forming the last few weeks, being matched with a good increase in volume also providing us confirmation of this movement. Our New support sits at 2600 sats while short term resistance sits at 2900-3000 sats & midterm resistance around the 4000-4200 sats zone. Depending on market conditions(bitcoin volatility), we are generally still quite bullish on this pair and can expect some further upside for the short and mid-term.
WANBTCWANBTC should breakout soon. A falling wedge is forming and there is also a very strong support level, which was previously a resistance level.
wan super loaded and on the bottomWan exploded in August with huge volume. Afterwards it made a retrace all the way to the starting point. The retrace lacked any significant volume. It seems Wan really want to make a correction upwards. Of course pay attention to bitcoin as well.
$WAN, Slowly gaining momentum as it accumulates over ~2250sats..$WAN
Slowly gaining momentum as it accumulates over ~2250sats support..
Volume is really low but starting to gain traction aswell..
Pushing against EMA50, room to grow from here is quite big with first target at 3k sats (30%)
UCTS Starting to turn green on lower TFs...
#WAN
BIG BUY FOR WAN ? Wan consolidating and preparing next move.
Look for buy zone 2500-2700 sats
TP 2900 , 3000 , 3200 BULLISH MODE 3700 , 4000 SATS
SL 2288 sats
WANBTC long trade. Decent 2.36 and 3.76 R/R Ratio! 4hr chart.Taking a long position on WANBTC.
Reasons to enter
1. Support retest on 4hr chart.
2. Bullish RSI on 4hr.
3. Decent R/R.
Strategy
R/R Ratio = 2.36 or 3.76
Entry: around 0.00002351
Stop loss: 0.00002142
Target 1: 0.00002852
Target 2: 0.00003093
I will take the initial 75% profit at Target 1 and will let the rest 25% run towards Target 2. Also once Target 1 is reached I will update stop loss in break even.
Please take a look at my trading idea "Perfect moment to buy ALTS!" where I explain why I think ALTS are due for a big bounce.
Trade safe fellas!
Wan long setupGreat demand under 2270, decreasing volume on the retrace of the august pump, nice rejection on the retest of the channel
Target around 4300 (+73%)
$WAN, Moving on a descending channel after the massive(170%) run$WAN
Moving on a descending channel after the massive (170%) run that it has a few weeks ago..
Volume decreasing as its testing ~3k support level, failing from here will lead to a new leg down (20+%) to ~2300 sats
New events coming on December this year, dont get trapped!
#WAN
WANBTC BreakoutThere is high possibility of WANBTC goin up from now. It may, however, slide down to around 2100 (support level created by falling wedge), but should bounce off that level.
WAN/BTC, Best place to sell! WAN/BTC is about to go down and here is why:
We have the A move to the 0.786 fib level and the price was rejected really fast. As you can see on the chart, the price touched the 0.618 golden ratio and the price went back down.
When the price hit the 0.786 fib level, I was interested at first, but then,I have seen that the price is below MA100 and I have changed my mind.
Why I have changed my mind? That's easy!
First MA100 was acting like a strong support and people were interested on buying that level. Second, I have spotted and ABC correction that might be in play and I let it go!
This being said, I hope you enjoyed this idea! Keep trading, stay safe and use stop loss!
If you appreciate this idea, give it a like or share your thoughts on the comment section!
Buy #WANBTCBuy #WANBTC
30 Days HODL/SWING Trade
2258-2399 Entry
3026-3097 Target 1 - Good Chance
3659-3730 Target 2 - Fair Chance in 45 Days
4306-4392 Target 3 - 50:50
1999 - Stop Loss
Medium Risk
Entry Valid Until September 18th
WAN/BTC -> Correction after bullish move + Hidden bullish Div!WAN is busy with a correction and it seems like it has found his support level.
Also we seen a Higher Low created and a strong/big Hidden Bullish Div.
Position:
Take your position over here (2665)!
Stop loss:
Put in a stop loss below the last Higher low (2570).
WAN-BTC/ Long / Daily timeframe Entry : 2623 satoshi
Stop loss : 2239 satoshi(-14.64%)
Target : 3829 satoshi(+45.98%)
R-R : 3.14
