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.
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.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.