Wanchain / Bitcoin
Long
Updated

WAN - Decision time -cusp of breakout

200
So,

WAN did its re-trace, made an initial recovery.

We are sitting above a 50 RSI on the 4 hour.

We are sitting just below the 55 EMA.

Our golden cross is still in tact.

We could have a break-out soon.

If we get rejected, I could see a potential short term double bottom.


Note
Well, WAN continues to downtrend.

I was stopped out of some of my position.

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.