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WANBTC | Analysis

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Wanchain / Bitcoin (BINANCE:WANBTC)  
kautilya_k  
BINANCE:WANBTC   Wanchain / Bitcoin
Trend Analysis Beyond Technical Analysis Wave Analysis wanbtc wanchainbitcoin wanchainlong crypto altcoins Cryptocurrency wanchainbtclong wanchain
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trendanalysis beyondta waveanalysis wanbtc wanchainbitcoin wanchainlong crypto altcoins cryptocurrency wanchainbtclong wanchain
  • WANBTC recently flipped the 2282 sat resistance to support, overcoming the 200 Day MA.
  • It was rejected from the support quite strongly, indicating good demand at the support.
  • Now WANBTC will progress higher to the next resistance which is 2927 Sats (22%)
  • Overcoming that resistance, our overhead resistance is cleared till our first take profit region TP1 (50%)
  • On reaching TP1, i'm expecting the price action to consolidate / Pullback a bit to form a proper support on a higher high basis.
  • I will update more regarding the possibility of reaching our TP2 and TP3 based on the underlying market sentiment at that time.


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