Hey peeps, was tracking WAN's path and just had an "aha" moment, because it's not something I usually take into consideration. Wondering if this will work out. I'll give an update with what I've found if the prediction will play out well. Stay tuned!
Once BTC goes sideways the alt market will come back into the game. Wan is a great project - and I think in 2 weeks we can see this strong raise. Lets hope we have grown enough for one day in btc value! Made already great profits with this profits! :)
RSI has been showing Bearish Divergence and is more noticeable on the 30 minute chart. That being said, WAN has been performing great but I feel like it's due for a slight pull back and pause to consolidate and form a good base. The last thing we want it to do is go parabolic which will make the price just fall harder, which is honestly not a bad thing if you...
Where does WAN go? This choice will be made soon enough and after that I'll let you know how I'm going to approach this one. There should be a proper trade right here. But for the moment, Wancoin seems to be moving sideways in an upwards channel that could have some downwards potential and that's why I'm going to wait for a clear signal. If you like a little...
Hey, I am back with Another Trade Idea. This time Looking at Wanchain. I was looking coinmarketcap and found that Wanchain havent seen any major price movement in past 7 days. Wanchain is currently at rank 34 with not that high marketcap. Taking look at the chart there is Pennant that is being formed that can lead to breakout, the breakout often happens at end...
given the $waneth 1h chart i would consider making an entry at the highlighted zone. great R/R
Wanchain is a distributed ledger that records cross-chain and intra-chain transactions. The ledger not only supports smart contracts but also supports privacy protection. Their roadmap is following and looks pretty good: 2018 / 06 Wanchain 2.0 (Integration with Ethereum, Multi-Coin Wallet) 2018 / 12 Wanchain 3.0 (Integration with Bitcoin, Multi-Coin...
If bullish it will likely run for as long as btc lets it.... if bearish it will likely bounce off the 4 hr lower bollinger band or 4 hr 55 ema for a quick profitable flip at the very least
Have a Look at the BUY Zone, a Short Term BUY Entry can be considered. Not a Financial Advice. DYOR
WAN has seemed to have run out of steam. As you can see RSI is showing Bearish Divergence, Volume is starting to wind down and we have multiple FAILED attempts to break that resistance level. Here's a Fib Retrace on the 1 hr with some Support/Resistance levels slapped on. I plan on scaling back in sometime next week. Happy Trading!!!
The concept behind the flag and pennant patterns is that the momentum seen during the flag pole phase could continue once the pattern completes. Therefore, measure the size of the flag pole, then add that length to the bottom of the flag/pennant for bullish patterns. Lets see how does WAN respect TA :) Sell price target: 0.00059782 TBH, I wouldn't be...
I moved into WAN yesterday and have been waiting for a little breakout. It looks to be forming a cup and handle on the 4hr and on the 1hr we have a nice little break above the EMA's. I'm expecting more volume to pick up this evening. Those 2 resistance points are my target profit zones.
Bullish divergence at moment - Eyes glued for a break.