[WANBTC](700%) Wanchain Long Term Trade

Alan Masters
May 22, 2019
Closed
wanchain

Wanchain (WAN)

0.000026

Wanchain (WAN) Overview

Wanchain aims to build a super financial market of digital assets. It is an infrastructure connecting different digital assets.

 

Wanchain (WANBTC) Chart Analysis

Let's start with the long term chart, simple and straight forward:

[WANBTC]() Wanchain Long Term Trade
Source: https://www.tradingview.com/x/zvezxNZg/

  • Last weekly candle closed in a Doji, reversal signal.
  • New all-time low for the Doji candlestick.
  • Above average volume.
  • Market sentiment changing from bearish to bullish.

When we look at it shorter term we have all the same classic signals... They are the same because these are the only signals that I need in order to find a potential bottom and come up with a low risk and potentially highly rewarding trade:

[WANBTC]() Wanchain Long Term Trade
Source: https://www.tradingview.com/x/l1iZKSyf/

  • Here we can see the bullish divergence again.
  • Volume slowly increasing.
  • Trading above EMA10.
  • The RSI hit oversold and is now poised to move up...

[WANBTC](700%) Wanchain Long Term Trade
Source: https://www.tradingview.com/x/j7zay0eY/

 

Wanchain (WANBTC) PREMIUM Trade

Buy-in: 0.0000480 - 0.0000530

Next support: 0.0000425

Target:

(1) 0.0000610 -Reached 2-June (+18%)
(2) 0.0000660 -Reached 2-June (+28%)
(3) 0.0000730
(4) 0.0000830
(5) 0.0000920
(6) 0.0001030
(7) 0.0001220
(8) 0.0001530

Longer term
(1) 0.0001810
(2) 0.0002160
(3) 0.0002400
(4) 0.0002700
(5) 0.0003290
(6) 0.0004120

Profits potential: 700%
(Buy-in calculated at 0.0000515)

Stop-loss: Close weekly candle below 0.0000380.

Capital allocation: <10%.

 

THE WINDS OF CHANGE ARE COMING

How has change treated you lately?

Have you been a friend of change?

Change is always present… It can be hard to change but change is good.
When it comes knocking at your door, it isn’t asking for permission, it is coming in regardless… What will you do?

Will you lock the door and run away?

Will you face the change with fear and cry thinking everything is going to end?

Will you open the door and say, “Hey, I am ready for the change!”.

Yes, that’s my answer, because CHANGE IS ALREADY ON ITS WAY!

Namaste.