Wanchain
ChainLink gaining 300% while Bitcoin is crashing>>> “Thumbs up” and “Likes” are always appreciated! <<<
Introduction to Chainlink
Chainlink is a decentralized oracle network. Decentralized oracles connect and access smart contracts to any external, off-chain data data in a trust-less way. It's accompanied by following the rules of a protocol that incentivizes all nodes to tell the truth and punishes them for lying. Chainlink is considered to be one of the top blockchain technologies which provides highly secure and reliable oracles.
Introduction to Wanchain
Wanchain has set out to change and improve the way the world does financial transactions. It aims to track digital currency transactions on different ledgers.
Partnership
On the November 10, Wanchain announced about the integration and partnership with Chainlink. The implementation of Chainlink oracle, that is currently in Beta, will bring access to information typically stored off-chain such as payment gateways (VISA, PayPal), data feeds for any sort of information. The most common concepts where oracles can be integrated are:
1. Prediction Markets
2. Crowdfunding
3. Finance
4. Insurance
5. Identity
6. Gambling
The possibilities for this technology are very broad; from simple things like random number generation to a very complex and sophisticated processes. Certainly, the oracle solution would increase reliability, transparency, and interoperability to many institutions.
Why Chainlink?
Wanchain chose to work with Chainlink over other oracle providers for several reasons. First, Chainlink is running a decentralized network of oracles which creates an ecosystem providing safety and reliability. Also, as Wanchain seeks to create an exceptional experience for developers looking to build cross-chain applications,
Chainlink is the perfect fit as it is known for being easy to use, safe and reliable. Also, while Wanchain seeks to make it a developer friendly platform which is open for cross-chain application. The goal is to be able to interconnect different blockchains and traditional financial world. This makes integration with Chainlink extremely beneficial for both parties.
Market reaction
Disregarding the crash of the Bitcoin, ChainLink price remained very stable. In fact, since July, LINK/USD has been on a steady rise, gaining 300% over the USD. It is one of the very few coins where the uptrend has been so stable. Nevertheless, several days after the announcement of the partnership with Wanchain, LINK has reached the resistance at $0.64, that is 61.8% Fibonacci level. The rejection has been very clean, suggesting an upcoming downside correction.
Risk
Therefore, as long as resistance is holding price should go through a correctional or a consolidation phase. It could result in a price decline towards:
First support: $0.41 (78.6% Fibs)
Second support: $0.27 (88.6% Fibs)
Third support: $0.16 (Previous low)
Potential
On the upside, if the resistance will be taken out, more gains might come as a result. Resistance levels to watch are:
First resistance: $0.8
Second resistance: $0.96 (or $1 psychological level)
Third resistance: $1.16
Summary
All-in-all, fundamental news could have already been already fully reflected on the price as resistance is being rejected. But break above, would imply a much bigger growth potential for the ChainLink.
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WAN/BTC from 560% to 1300% potentialHello guys.
WAN
I am pleased to present you my vision of the potential of this coin. is at an interesting level and seems ready to move, we can buy support or breakthrough.
ITS NOT financial advice!
WAN going upWAN price has formed nice uptrend channel and it moves from upper trendline to lower threndline and backwards. So you know what to do - buy at lower and sell at higher. Sometimes middle line also acts as support or resistance.
Targets are 850 - 890 - 950 and than open range with 2120 - 2360 as nearest goals.
[WANBTC] Short term uptrend & mid term uptrendWANBTC is moving along an ascending uptrend line - horizontal line is broken = short term uptrend.
Possibility: If uptrend breaks it can fall down to it's new support (orange line) and will bounce back upward.
Trade is suitable as short or mid-term LONG
Wanchain is ready for a next leg up!With alot of upcoming fundamentals
31 December 2018 (or earlier)
Wanchain 3.0
Wanchain 3.0 - Integration with Bitcoin, Multi-Coin Wallet.
31 December 2018 (or earlier)
WAN Cross-Swap Feature
Cross-swap feature using SWH and Wanchain by end of Q4 2018.
31 December 2019 (or earlier)
Wanchain 4.0 Release
Wanchain 4.0, which introduces private chains integration and multi-coin wallet, released in Dec 2019.
And the charts are showing a huge sign up revesal from this point, got the chance to buy in around 0.000150!
Anything in between 0.000150-170 is good with a stop loss (0.000135)
Selling targets will be decided later!
WAN - Shine like a diamond... #wanbtc $wan #wanchain $wanbtcTarget 1>> 2550-2669 sats. (+%50)
Target 2 >> 3048-3280 sats. (+%85)
Stop >> 1566 sats (-%8-9)
WANCHAINwnachain is having a big resistence on the GREEN rectangle, and having an doble ceiling, so its going to go back to the RED one, so it will up from there W8 to thoose levels to buy :
0.0001622 - 0.0001608
bye and suscribe if you follow this coin :D
WAN remains a BUY!WAN continues to experience difficulty in breaking the 1650 resistance zone and it currently pulls back from its local highs. We could still possibly see a move back down into the trendline support/demand block before making a move back higher. We did, however, wick below the EMAs and bounce back, which does show some buy strength but ultimately we need to close above this resistance zone to really get moving.
Using the EMAs as support is a good sign for bulls as well as them looking to crossover bullish if we can push a little higher.
Thanks guys!
WANBTC is ready to MOONWANCHAIN is one of the best coin for your portfolio. It has been bottomed for weeks ago and now he broken out from his triangle.
In Daily Time Frame, the price try to hit support and it looks so good in 1 hour because of Bullish Divergence has formed.
So, we expect the price to go up.
Buy Zone 1650 - 1550
Stop Loss : 1400
Take Profit 1 : 2259
Take Profit : 3759
BINANCE : WAN/ETH forecast updateThis is a simple trade analysis of the WAN/ETH altcoin trade.
Chances to follow the blue solid line are high. Dashed lines are much less probable.
Do not take into account delays.
26-oct-2018:
WAN/ETH is currently at 0.005260 (it should come back at least to 0.005150).
Within less than a week, it should reach 0.006300 (+22% : subwave 3 of wave 3). Scale your sell between 0.006000 and 0.006300.
Then buy back between 0.005650 and 0.005750 and scale your re-sell from 0.008600 to 0.008800 (+49.5% : subwave 5 of wave 3).
WAN trying to breakoutWAN has pierced through resistance and is looking primed to get back on its horse to move up to the next supply zone.
EMAs do seem to be turning up as the fast-moving is curling higher about to crossover bullish. We could see a pullback into these EMAs as support before making another push higher.
This would be the ideal place for an entry, on a pullback into support. If we do break down lower than the demand zones below would be the next targets.
Thanks guys!
[WAN/BTC] WANCHAIN BOTTOM COULD BE THERE [ POT 20-100% PROFIT]#WAN / BTC ( Binance )
Buy Range : 0.0001550-1650
Stop loss : Below 0.0001400 ( Short-term ) , Not recommend ( Long-Term Traders )
Target 1 : 0.0001979
Target 2 : 0.0002337
Target 3 : 0.0003204
WEEKLY CHART :
- No new lows on price action
- RSI pointing up , making new higher low/high
- CCI next to turn into green cycle
- Stoch RSI looks so good
- MACD performing very good
DAILY CHART :
- Clear Breakout of the Daily Triangle to the upside
- Good Volume Spike behind
- Supported By Ema20/Ma50
- Ichimoku cloud breakout and closing above it
- RSI, MACD and CCI going to the upside
- Bottom Candle Spotted
CONCLUSION :
WAN has stopped its falling on August where it seems bottom has been found. Im expecting very good profits on long-term for this coin and ill probably check my targets for new ones when these got reached.
On the short-term bullish actions is showed but market still lacks of volume proper of Waves 1 after massive dump.
I consider a very good moment to invest if you are able to.
Good luck
WAN/BTC Long• Clear break in downtrend, first time since late August
• Large volume spike
• Broke through 1621 resistance with momentum, 5-7% to run before running into any resistance from here
Accumulation phase for WANCHAIN possible 50-100% jumpWANCHAIN
THE WORLD'S FIRST AND ONLY INTEROPERABLE BLOCKCHAIN
WITH SECURE MULTI-PARTY COMPUTING.
Wan has been hanging out for over 70 days in consolidation phase and forming possible triagle, which will be break eventualy.
Accumulate some Wanchain and let it ride......
WANCHAIN has big news ahead.
1) Before end of december they announce WANCHAIN 3.0 integration with bitcoin , multicoin wallet
2) WAN cross swap feature
3) Wanchain release 4.0 private chains
Stoploss : Individual
Possible targets
1800-2000 sats , 2500-2800 sats, 3200-3500 sats
Happy trading
Maybe time if you WAN 2 investWanchain has been in consolidation for a couple of weeks. With other alts beginning to rise it may be time to look at WAN. B-bands are as tight as they have been in sometime, the R/R is pretty good with a lot of resistance below. I have a bag already so I am watching with interest. The potential for an even greater gain is there provided that BTC keeps going sideways.
This is my opinion of what I see on the chart and in no way should be taken as financial advice. I admit that my optimism may be influenced by the fact that I hold WAN. There are other opinions about this chart which I encourage you to explore.
