A quick update on WAN chart:
Given BTC price action and expected volatility, I think Alts will have to take a breath here and cool off a bit.
I don't expect the dip to be very violent and laddered my buys 2500 sats and a bit lower.
Important downtrend is already broken (also on USD chart) and ideally I would like to see it successfully retested (and buy some) before continuing higher.
key resistance short term is 3100 sats > I expect it to be eventually broken, retested and that's when the REAL party starts;
Zoomed out we're still in accumulation range and I'm long and have no intention to sell my "early entry" bags any time soon.
EMA 200 on daily is also broken and provided support already.
And there's a whole lot of FA news / announcements from Dev team to push the price a lot higher:
https://coinmarketcal.com/en/?form%5Bdate_range%5D=17/07/2020%20-%2001/08/2024&form%5Bkeyword%5D=&form%5Bcoin%5D%5B0%5D=Wanchain%20%28WAN%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=&page=1
Given BTC price action and expected volatility, I think Alts will have to take a breath here and cool off a bit.
I don't expect the dip to be very violent and laddered my buys 2500 sats and a bit lower.
Important downtrend is already broken (also on USD chart) and ideally I would like to see it successfully retested (and buy some) before continuing higher.
key resistance short term is 3100 sats > I expect it to be eventually broken, retested and that's when the REAL party starts;
Zoomed out we're still in accumulation range and I'm long and have no intention to sell my "early entry" bags any time soon.
EMA 200 on daily is also broken and provided support already.
And there's a whole lot of FA news / announcements from Dev team to push the price a lot higher:
https://coinmarketcal.com/en/?form%5Bdate_range%5D=17/07/2020%20-%2001/08/2024&form%5Bkeyword%5D=&form%5Bcoin%5D%5B0%5D=Wanchain%20%28WAN%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=&page=1
