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Wanchain / TetherUS

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WANUSDT trade ideas

WAN / USD Wanchain (WAN) is forming a bull flag on the 4 hr with the local support established at 1.57 This DeFi project is mid-cap (312k) and just had some great news: Jupiter hard fork is coming April 15th. The news just came out today, so still fresh. The Jupiter hard fork makes Wanchain fully compatible with Ethereum. Bitcoin keep experiencing correction at the moment, so be careful. However, I would consider for myself zone around 1.6 a good buying opportunity if support holds. Happy trading everyone!
Long
by hometown_girl
$WANUSDT - The 0.618 paradox of WanchainHi guys! 👋🏻 🔔 The reason why I call this analysis - The 0.618 paradox of Wanchain is because this is the first time I have ever seen than the Fibo retracement and the price of an asset are the same number - 0.618. Isn't that beautiful? 🔔 Check this out 🔔 Wanchain has made important announcements recently in it’s DeFi scope. The launch of WanFarm, XRP integration and a roll-out of the BTC / ETH bridge on the mainnet are only a few to say. Wanchain has developed a full-range DeFi ecosystem within it’s chain offering staking on Storeman Node, on WanSwap and compounding on Wanchain’s compounding DApp WanLend. The mainnet will undergo an important Cross-chain upgrade tomorrow, February 25, upgrading to the Universal Multi-chain Bridges with Shared Staking Assets (for short, Multi-chain Bridges). 🔔 The pair is currently testing an important resistance of $0.8900, the pair might slow it’s bullish run at this point a bit, retrace, and continue the bullish run after breaking above the $0.8900 resistance. The aforementioned level preserves not only static and dynamic resistances but an EMA50 resistance, so be very careful when going long at this point. Wait for a breakout. However if the strong impulse persists, WAN/USD will hit $1.15 once again and more likely will set a new high. 🔔 Currently the pair is below the upper edge of the downtrend channel, so watch for a breakout of this channel and go long. See important levels on the chart. MACD is about to cross the signal line, so buy signal can occur in the nearest time. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Long
by azizelliott
3