Wanchain (WAN) formed big BAT for upto 320% huge rally
Hi dear patrons, hope you are well and welcome to the new update on Wanchain coin.
On the weekly time frame chart, the price line of WAN has completed the final leg of bullish BAT. There is also 100 SMA support below the buying zone.
Buy and sell targets:
Buy between: $0.7505 to $0.5107
Sell between: $1.32 to $2.18
Stop loss:
The maximum extent of buying zone $0.5107 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 320%, and the loss possibility is 32% however, at this time the price action is at the very end of the buying zone therefore, this is very low risk and high reward trade.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On the weekly time frame chart, the price line of WAN has completed the final leg of bullish BAT. There is also 100 SMA support below the buying zone.
Buy and sell targets:
Buy between: $0.7505 to $0.5107
Sell between: $1.32 to $2.18
Stop loss:
The maximum extent of buying zone $0.5107 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 320%, and the loss possibility is 32% however, at this time the price action is at the very end of the buying zone therefore, this is very low risk and high reward trade.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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