Wanchain / BitcoinPanjang
WAN, WANBTC - Ready to Break Out?
WAN, WANBTC had a very nice runup till the beginning of May and since then retraced all the way back to the .786 level and it's now in a big channel.
If we manage to break out of this channel from here then we're looking to make an inverse head & shoulder pattern with the break at around 6585 satoshis of the neckline.
In the chart above you see my EW count of the next impulse wave up if WANBTC manages to keep recovering.
Leave a comment if you have any questions.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
Disclaimer
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
If we manage to break out of this channel from here then we're looking to make an inverse head & shoulder pattern with the break at around 6585 satoshis of the neckline.
In the chart above you see my EW count of the next impulse wave up if WANBTC manages to keep recovering.
Leave a comment if you have any questions.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
Disclaimer
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.