WAN quick profit (2-5%)

May 30, 2018

Wan has reached "bottom" and bounced (thanks to BTC). Now we are slowly moving up and down inside a small triangle.

I expect WAN to bounce back from triangle bottom and go to 6180 (+2%), than 6280 (+4%) and if we are lucky and Bitcoin doesn't fall - to 6350 (+5%) where important fibonacci level will hold it for a while. Than we'll see.

Check out 4H chart for the global picture.


P.S. If you like my analysis please push "agree" button. I live on it =)

May 30, 2018

Note

Bitcoin starting to fall a bit but so far support level is holding WAN.

May 30, 2018

Trade closed: stop reached

Nope. As everything else WAN fall together with BTC. The king is always the king. No technical analysis works for the alts when the king is falling.