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
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.