WANBTC, nice 30% swing potential

Hello fellow traders! Welcome to Spacepeso's third chart! Lets dive right into it.

WAN made a nice 70% run in this small alt cycle. It retraced hard back to 650 area and that is where I will enter my trade. All depends on btc , a big btc move could drop WAN hard so its always risky in the crypto space.WANBTC made a new low and seems to have found bottom after a 50% drop.

Measured move indicates to me that we might have a nice 20-30% upward move.

Stoploss i set just below that red line.

My target is just below that area where we see a lot of locked up capital. Which often acts as resistance. Bullish target is the top of the previous accumulation range.