Gissoe

WANBTC Short-term analysis

BINANCE:WANBTC   Wanchain / Bitcoin
Looking at the WANBTC chart, it's hard to tell which direction we're going.
On one hand, the volume is falling and the MACD crossed a couple of days ago. (Bearish)
On the other hand, if u look at the bigger picture WAN is in an uptrend.
Also, if WAN can remain above the 50 EMA I would suggest that this is a normal correction after the 25-30% spike.

What do you guys think will happen?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.