WAN showing similar pattern as in 2020. Difference being that in 2020 we had diagonal accumulation range and now we have horizontal accumulation range and just as in 2020 we also now did what seems to be a fakeout breakdown from support range.
Similar pattern was noticed also on some other alts prior the pump - example GHX.
From here I expect bounce up to break major diagonal resistance line (holding price back almost 7 years) and push up to test local fibb 0.886 range, possible even wick of Apr 2021 pivot level.
Similar pattern was noticed also on some other alts prior the pump - example GHX.
From here I expect bounce up to break major diagonal resistance line (holding price back almost 7 years) and push up to test local fibb 0.886 range, possible even wick of Apr 2021 pivot level.
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.