juansfirsttrade

Nice support at the 61.8% fib(0.00068240)

Long
BINANCE:WANBTC   Wanchain / Bitcoin
Wanchain does not have any news catalyst to drive the price higher at the moment but it has some nice support at 61.8% (0.00068240) which created a nice demand zone on a short-term time frame. Looking to get a 25% return on this trade short term will change my mind if the market tells me otherwise. Also if the price does not hold around my buy zone, I will exit the trade and re-look to buy at the 78.6% fib retracement. Open to some feedback. Happy Trading guys!

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