Dawnchorus

WAN - Here's to wishful thinking!

Long
Dawnchorus Aggiornato   
BINANCE:WANBTC   Wanchain / Bitcoin
Hi everyone!

WAN recently broke free of a bearish channel. It had hit a 1.618 based on fib extensions, too.

Currently it is in a new rising channel.

I think that now is a great time to buy when it is 530 sats or less approximately.

There is a lot of bullish fundamental news for WAN next month and into the summer, and the rest of this year in fact.

30th of June or earlier: New Blockchain bridge shall be unveiled

30th of June or earlier: POS Alpha Testenet Launch

30th of June or earlier:Wallet UX/UI Update

30th of June or earlier: New ERC 20 Integrations

30th of June or earlier: POS Beta Testnet Launch


So, with the setup that we have now in the rising channel, I am hoping that we get a swing trade or two from the bottom to the top of it until it breaks out and perhaps forms a head to an inverse head and shoulders. Hopefully these fundamentals confirm technicals.

Let's hope WAN has bottomed and we are about to enter a new market cycle!
Commento:
This isn't advice to buy or sell, always use a stop/loss!
Trade chiuso: stop raggiunto:
My stop/loss went off.

This was a bear flag unfortunately. Hence the name of this idea, wishful thinking. This could have been viewed as a bear flag in addition to a bullish channel. Oh well.
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