WANBTC
After a big move up, WAN is consolidating before making a cup and handle pattern to break the resistance area. It should keep consolidating within the purple box, the box can also be used as a buy zone. A succesfull retest of the 0.618 Fib would also launch WAN to retest the 0.0001280 area, but a 1 day candle closing under it would mean a test of the 0.786 fib level. And most probably a test of 0.580 sat zone.
ความคิดเห็น:
ความคิดเห็น:
Sorry about the typing mistake on the title :)
ความคิดเห็น:
ความคิดเห็น:
The consolidation zone was broken with a 1 Day chart candle wich means WAN is most likely to revisit the green box.
ความคิดเห็น:
ความคิดเห็น:
Slowly reaching the buy zone, we might see an attempt to break the 0.618 fib and then at drawback to the green box
ความคิดเห็น:
ความคิดเห็น:
WAN as now reached our buy zone. The stoch RSI is also making a bullish cross over. This should give WAN momentum to reach the resistance zone
ความคิดเห็น:
Wan didn't manage to bounce from our buy zone. It is now at a all time low. I'll be waiting for a clear change of course before buying more. I'm only trying to catch the lowest price with a predetermined amount. I'll be filling more bags when I assume WAN as made a bottom