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Wanchain

WANUSDT formed bullish Shark | Upto 24% expectedFrom mid of the Jan up till 4th feb 2020 the price action of Wanchain took upto 120% bullish move and after hitting $0.3659 we can see some correction waves and these correction moves 1st formed a bullish Butterfly pattern and then another harmonic bullish Shark pattern. The price action has already hit the spike between 0.886 to 1.13 Fibonacci and completed the last leg of this Shark. The Dimensions Of The Pattern: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg and this should be our potential sell zone. The Bearish Signals Are Pulling Back The Priceline In PRZ Level: Even though after hitting the spike in potential reversal zone the price action has already projected in sell zone but the indicators are still strong bearish and the priceline is likely to make another bearish move to enter in this PRZ area which will be another chance to take the long position from here. The moving average conversion divergence is turned strong bearish and stochastic has given bear cross from the overbought zone and these signals will lead the price action to hit the potential reversal zone again. The most optimistic bullish signal we have is a simple moving average with time period of 100 is already in the potential reversal zone to provide a strong support to price action to have a bullish bounce from here and hit the sell zone soon. Buying And Sell Targets: As per Fibonacci sequence method we can set our targets as below: Buy between: $0.2711 to $0.2555 Sell between: $0.2854 to $0.3173 So this very short term 4 hour based chart trade can produce upto 24% profit. Stop Loss: The potential reversal zone area which is up to $0.3173 can be used as stop loss or we can also use 100 simple moving average for this purpose in case of complete candle sticks closes below this level. I will be keep posting more potential trading ideas for educational purpose on different assets as soon as will receive any trading signals.
Long
by moon333
WAN retraced to the 0.5 fib. A bounce is due! WAN retraced to the 0.5 fib. A bounce is due! After the huge pump $WAN price action has been consolidating into a symmetrical triangle. Currently price being rejected and testing the lower support of the triangle + the 0.5 fib on daily. The current red candle (still being printed) has most probably been been caused bu the slight 100$-150$ dump of $BTC that happened not long ago. Overall $WAN is looking good moving above the 200MA into a bullish price pattern. Be sure not to miss the entries/presents that the market gives you.
by megaprofits
Wanchain Challenging Resistance, Ready To Grow 40-80%Wanchain (WANBTC) just completed its retrace and is now starting to move up... As I write this, we can see a break of EMA50 (0.00002280) as well as a major trendline being broken... The trading volume is starting to go up. So the chart is now bullish and we have bullish indicators... Wanchain (WANBTC) is bullish and going higher, here is our previous analysis: All the targets are marked on the chart. Remember this is not financial advice, you need to have a plan/strategy before you trade as charts are always changing. Feel free to leave a comment in any of my trade ideas if you have any questions, I am happy to support/help, it is my pleasure. This is Alan Masters. Thanks a lot for reading. Namaste.
Long
by AlanSantana
3
WanChain to follow Icoin and Aion for a 100% move.Simple, Icon and Aion made some great movements recently. And all these coins are still down a ton since their ATH. Will we reach ATH’s again? For the projects that are legit, we’ll break past them in the coming bull run. Just like BTC is breaking ATH’s again. Hard to believe, but who expected Amazon to hit $2000 after Dot.com bubble? WanChain, on support against BTC pair. Now breaking the USD pair here. If we flip the $0.20 level for support, I’d expect continuation. Targets; $0.27 $0.32 $0.48 Let’s see how this rolls.
BINANCE:WANUSDLong
by CryptoMichNL
Wanchain Breaking Out Of Downtrend, Potential Bullish SetupWanchain (WANBTC) just broke a major trendline from the peak hit in late August 2019. In early Aug. 2019 WANBTC hit a new low and quickly move to produce a very strong bullish wave, prices stopped just at MA200. A strong correction followed and prices are now consolidating before the next move. Since the downtrend line has been conquered and EMA10 is now below WANBTC, it is likely that this pair will go bullish soon. The last low at 0.00001880 can be used as a stop-loss. This is not financial advice. :) Namaste.
by AlanSantana
1