Good Saturday my fellow Cryptocurrency trader, we are going to be looking at three BTC pairs now starting with Wanchain. These look good to start moving in the coming days or weeks, with a projection to complete a bullish wave within 1-2 months.
➖ For WANBTC we have the "bullish lower low." The only thing bullish is the fact that sellers are exhausted. This can be determined by looking at the volume and the size of the candles.
➖ On the left side of the chart, we have big candles, volatility, high volume, etc. As the pair prepares to change course, everything calms down. The slowdown is the signal. This is how we end up with the "bullish lower low."
We are keeping this one simple and we move to the next.
The targets are on the chart.
Lower prices are possible, in the short-term, but this shouldn't be worrisome if you are doing spot trade. Patience is key. Buy and hold. Wait. The market takes care of the rest.
Namaste.