WAN / USD Wanchain (WAN) is forming a bull flag on the 4 hr with the local support established at 1.57
This DeFi project is mid-cap (312k) and just had some great news: Jupiter hard fork is coming April 15th. The news just came out today, so still fresh. The Jupiter hard fork makes Wanchain fully compatible with Ethereum.
Bitcoin keep experiencing correction at the moment, so be careful.
However, I would consider for myself zone around 1.6 a good buying opportunity if support holds.
Happy trading everyone!
Wan
Breakout to 10X ? WAN/BTC #Wanchain #WAN $WANHere we see our WAN 3 day chart and as you see we pushed right through the 3 day Ichimoku Cloud - and have in fact wicked inside the Weekly Ichimoku, This looks good to go to the .236 fib near 26000 , but of course it's hard to say how fast it happens . You see the bright blue arrow on the chart ? That is where a possible Kumo Breakout will happen soon - as that cloud twists upward . We're around 3330 now and this could definitely see 8X to 10X rise in the coming months . Looks bullish.
wan price update$WAN - update for all holders 💎 (diamond hands)
Currently, wanchain has tested ( and failed) to break out of the ascending change it has been in since the start of this bull run ($1.60+)
We have seen a small pullback and currently sitting at $1.36. As you can see in the chart below $wan has established itself in a bullish pennant pattern!
There are two possible moves from this point!
Bullish: we break to the top side of the pennant resistance (top red line) - a break here will force a retest of the $1.60 level and will most probably result in a break and run to the $2 range (or very close to it)
Bearish: we break to the downside of the pennant support (bottom red line) - a break here will force a retest of the $1.16-1.18 major support range.
Depending on how bitcoin performs in the next hour will help confirm the market direction of wanchain!
For people who are not in wanchain wait for a break of the resistance pennant line ($1.42-1.44 range) before buying the bull case - or set a buy order at the $1.17-1.18 support
For holders keep a close eye on the charts and set alerts at $1.34usd and $1.44 usd to notify price movements
$WANUSDT - The 0.618 paradox of WanchainHi guys! 👋🏻
🔔 The reason why I call this analysis - The 0.618 paradox of Wanchain is because this is the first time I have ever seen than the Fibo retracement and the price of an asset are the same number - 0.618. Isn't that beautiful?
🔔 Check this out
🔔 Wanchain has made important announcements recently in it’s DeFi scope. The launch of WanFarm, XRP integration and a roll-out of the BTC / ETH bridge on the mainnet are only a few to say. Wanchain has developed a full-range DeFi ecosystem within it’s chain offering staking on Storeman Node, on WanSwap and compounding on Wanchain’s compounding DApp WanLend. The mainnet will undergo an important Cross-chain upgrade tomorrow, February 25, upgrading to the Universal Multi-chain Bridges with Shared Staking Assets (for short, Multi-chain Bridges).
🔔 The pair is currently testing an important resistance of $0.8900, the pair might slow it’s bullish run at this point a bit, retrace, and continue the bullish run after breaking above the $0.8900 resistance. The aforementioned level preserves not only static and dynamic resistances but an EMA50 resistance, so be very careful when going long at this point. Wait for a breakout. However if the strong impulse persists, WAN/USD will hit $1.15 once again and more likely will set a new high.
🔔 Currently the pair is below the upper edge of the downtrend channel, so watch for a breakout of this channel and go long. See important levels on the chart. MACD is about to cross the signal line, so buy signal can occur in the nearest time.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Easter Bunny WAN/BTC #Wanchain $WAN #WanHere we see our 1 day WAN chart from Binance .You see a Golden Cross appears imminent with that light blue 50 MA going to cross up and through the dark blue 200 MA , probably in a few weeks . When that happens our Ichimoku cloud will almost certainly have a Bullish twist up called a Kumo Twist , or a Kumo Breakout. This is excellent news on a higher timeframe and WAN looks good to break up to the resistance above us at 3750 .
Another target above that appears to be 6200 ( another 1 day resistance . ) Price right now is around 1700 - I think WAN will do great this year though . Thanks for reading !
Wan/USD Rising to Launch PadSymmetric ascending triangle (could also be an ascending channel) could continue all the way to the major $1 resistance - after breaking $1 there should be some FOMO pushing it up to $1.14 fairly quickly.
-Btc running up to ATH
-partnership announcement most likely this quarter
-first btc-eth bridge launched
WAN - BEARISH!!Wanchain is seeing a very bearish pattern playing out - ascending wedge! This pattern is shared with many other altcoins, alongside bitcoin forming a head and shoulder pattern on the 4-hour chart the overall market direction is pointing downward!
I believe we will see downward movement for the remainder of the month before we head back up nearing the later half of the month - could be a great opportunity to load up on some cheaper coins!
As always let me know your thoughts
''Buy Big Sell BIGGER'' - MegaWhale
WANUSD (WANCHAIN) - DAILY ANALYSIS ANALYSIS 🔎
- WANUSD brokeout above the inverse head and shoulders neckline resistance.
- Price hit a swing high and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
BUY ENTRY ⬆️
- market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the previous swing low horizontal support level.