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Wanchain

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WANUSD trade ideas

WAN - fakeout?WAN showing similar pattern as in 2020. Difference being that in 2020 we had diagonal accumulation range and now we have horizontal accumulation range and just as in 2020 we also now did what seems to be a fakeout breakdown from support range. Similar pattern was noticed also on some other alts prior the pump - example GHX. From here I expect bounce up to break major diagonal resistance line (holding price back almost 7 years) and push up to test local fibb 0.886 range, possible even wick of Apr 2021 pivot level.
CRYPTO:WANUSDLong
by Zorroreny
WANUSD - 1W - Can WAN hold the channel WAN (Wanchain) seems to be growing into the blue channel since the covid crash (feb/mars 2020) This weekly close will be really important !! I'd like to see this closing above the blue channel and above the green box at 0.60$ approx. The green box was a huge resistance during the bear market and it seems important to me to keep it. If we close under the blue channel, there are high chances for going lower around 0,30/0,40 Wait for the weekly candle to close and even the monthly one. Of course this is not only depending on WAN but also on BTC.
BINANCE:WANUSD
by Ayer
WANUSD - LONGWANCHAIN was a highly anticipated project back in the last bull run of 2017. Since then the project has been very active in the crypto space with new updates and partnerships. On April 15th, the Wanchain Mainnet underwent a hardfork dubbed “Jupiter”. This hardfork makes Wanchain fully compatible with Ethereum. This paves the way for the launch of Wanchain’s highly anticipated Ethereum Layer-2 solution. The “Jupiter” hard fork also gives Wanchain access to popular Ethereum-based tools such as MetaMask. Also, The decentralized XRP cross-chain bridges connecting XRP Ledger, Wanchain and Ethereum are now live and operational, allowing users to put their XRP to work and engage with the world’s many DeFi applications including WanSwap and ZooKeeper! WANCHAIN has huge potential to reach its ALL TIME HIGHS and beyond in the coming weeks / months, definitely one to watch. 🔹Disclaimer: This Chart set up is to be used for educational purposes only, this information is not a recommendation to BUY or SELL. 🔹Seek Professional Financial advice if you are going to invest or trade in the FX / CRYPTO Markets.
BINANCE:WANUSDLong
by MrTradesFX
Current Situation For WanchainBouncing between support and resistance, looking for a resolution in the next 24-48 hours. Bullish - recent partnership announcement - increased volume - great fundamentals - slowly building a strong community Bearish - short term traders taking profits - lack of awareness of the coin (marketing) - Frustrated investors from the ICO boom who got caught holding bags Regardless of this short term outcome, when BTC dom drops and money starts flowing into alts - wan will most likely be picked up majorly due to its fundamentals.
BINANCE:WANUSD
by spookyblackfly
1
Wanchain: Dead or alive?Wanchain has been hiding in the shadows of the bear market for years, and may be set for a comeback in 2021. Development is still very much active, as recently a new cross-chain AMM DEX (Wanswap) was released, modeled after Uni and Sushi. In terms of transaction speed and fees, it certainly competes with the ethereum-based decentralized exchanges. Both liquidity and volume have shown steady growth since the launch in Nov 2020, but are still very small (current liquidity around 12.000.000 $) . If Wanswap succeeds, this could spark a revived interest in WAN. It could also mean the end of the thus far endless decline of WAN against ETH: Perhaps this doesn't play out and WAN remains in the margins of CMC, but given the fundamentals, the risk/reward on this lowcap is very solid.
BINANCE:WANUSDLong
by Merijnnij
1