$WAN/#USDT [#Wanchain]: BBand_Breakout Resistance_Breakout_Confi

19 feb 2023

◳◱ Hey traders, we've identified bullish signals on the WAN / USDT chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.2175 | 0.2374 | 0.2686 and the major support zones are at 0.1863 | 0.175 | 0.1438. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.2375 ₮
▣ 24HVol: 913,376.593 ₮
▣ 24hChng: 6.455%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.2175 | 0.2374 | 0.2686
◢ Support: 0.1863 | 0.175 | 0.1438

◱◳ Indicators recommendation:
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.76 - Very Bullish
▣ Reddit sentiment score is 0.80 - Very Bullish

▣ In-depth WANUSDT technical analysis on Tradingview TA page



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