megaprofits

WAN retraced to the 0.5 fib. A bounce is due!

BINANCE:WANBTC   Wanchain / Bitcoin
WAN retraced to the 0.5 fib. A bounce is due!
After the huge pump $WAN price action has been consolidating into a symmetrical triangle. Currently price being rejected and testing the lower support of the triangle + the 0.5 fib on daily.
The current red candle (still being printed) has most probably been been caused bu the slight 100$-150$ dump of $BTC that happened not long ago.

Overall $WAN is looking good moving above the 200MA into a bullish price pattern. Be sure not to miss the entries/presents that the market gives you.

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