Here we can see Wanchain (WANUSDT) trading weekly above EMA50, as well as hitting the highest level since April 2023; both strong bullish signals.
This pair has been moving higher since late 2022 and produced a peak in February this year, together with the rest of the Altcoins market.
The correction after Feb's peak price ended in a double bottom higher low. This in turn can lead to a higher high next (higher lows lead to higher highs).
👉 The first target and higher high is set at 98% from current price. 👉 The main target goes to 192%.
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