Hi Everyone,
To me it appears that WAN might be forming the head of an inverse head and shoulders on the daily chart.
In this case, if you purchase in this range or even if it goes a bit lower, you'll be potentially purchasing at the lowest satoshi value that it will go to if this reversal pattern plays out.
Once the head is complete, WAN could make a big move up first, to maybe around 1500 sats - 2200 sats, I'd personally expect to sell between 1500-the upper 1900's in sats before it goes back down and forms the other shoulder to this potential Daily chart inverse head and shoulders.
Anyway, please take a look and see what you think!
Not intended as financial advice nor is this concerned with a zoomed in day trading picture.
Thank you everyone!
To me it appears that WAN might be forming the head of an inverse head and shoulders on the daily chart.
In this case, if you purchase in this range or even if it goes a bit lower, you'll be potentially purchasing at the lowest satoshi value that it will go to if this reversal pattern plays out.
Once the head is complete, WAN could make a big move up first, to maybe around 1500 sats - 2200 sats, I'd personally expect to sell between 1500-the upper 1900's in sats before it goes back down and forms the other shoulder to this potential Daily chart inverse head and shoulders.
Anyway, please take a look and see what you think!
Not intended as financial advice nor is this concerned with a zoomed in day trading picture.
Thank you everyone!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.