Wanchain (WAN/BTC) in a complex correction range

5 ביוני 2018

After a big downfall, the price of Wanchain has been correcting in a WXYXZ manner inside an ascending triangle. I am expecting some short-term upside movement to the upper resistance line (purple bold line) at 6348 satoshi level. As the Z wave ends on the triangle resistance, the price is going to go further down and retest the prior low.