Our trade for Wanchian (WANBTC) is now starting to move and still within the "entry" price.
See it here:
The chart is very clear...
We have the "W" pattern with a higher low, which signals that WANBTC is ready to move up.
With bullish indicators, all that is left is to buy and hold... Sell when you reach your target, collect your profits, be grateful, and...
WANBTC
ENTRY: 0.00001750 - 0.00002020
TP1: 0.00002350
TP2: 0.00002600
TP3: 0.00002950
TP4: 0.00003400
TP5: 0.00003900
TP6: 0.00004444
STOP: Close daily (D) candle below 0.00001400.
-----------
Wanchain (WANBTC) hit a new low daily and is starting to gain momentum on the bounce.
As soon as prices close above 0.00002133 (EMA50) we go full bullish.
Above you...
WANBTC
WANCHAIN has a lot of potential this coming December
Mainnet 5.0 and Many More!
Plusss..
STOCH RSI is Oversold and We are waiting for MACD to Turn in a Divergence.
Updates will be Soon
Buy Between 2056 - 1500
Sell Between 2500-3000
#DYOR Im Not a Financial Advisor.
💎Technical Analysis Summary💎
BINANCE: WANBTC
-WanChain tested the key support level twice
-The selling pressure started to cool off for now
-But this downtrend is not yet over
-Until the trendline resistance is broken upward
-So just be patient and wait for the proper entry signal
-You may not catch the bottom but at least you can reduce the risk
-Upside...
$WAN is looking bullish for the next coming weeks.
WAN has a relative smal marketcap but still has a good name in the cryptoworld so I think this coin can do a +300% in the next coming months.
Targets:
Target 1: 6600
Target 2: 9600
Target 3: 12700
I have a buy order on 3200 Sat.
Fa: Wan has a lot af announcements in Q4.
The fibonacci levels show clearly the S/R levels. With the failed attempt to break the upper resistance a head and shoulder pattern was formed. This could imply a massive retracement for $WAN
PRICE HAS CROSSED THE 10 EMA, THE 10 EMA IS ABOVE THE 50 AND 200 EMA WHICH IS GREAT FOR AN UPTREND. THIS HOWEVER IS CRYPTO SO WHO KNOWS WHAT WILL HAPPEN. IM IN ON THE TRADE
Looking at this setup to mature for a fresh entry. Going to run this trade without a stop loss. The last blip has set us up for a big move to 4267 sats. Waiting for break-out out of this wedge and retest before entering. Update if and when I do.
Can buy now and sell at the yellow dashed line, a trade of about 5-6% or hold and wait for it to re-enter channel.
Or buy once we have re-entered channel, then wait to take ~27% profit.
Will update once I enter the trade. Don't forget to use stop-loss if entering now. Risk management is key. Good luck.
