Another low-cap opportunity is forming against Bitcoin. This time it’s Wanchain (WAN). Wanchain had a long capitulation against Bitcoin but right now is showing the first signs of a reversal with forming an uptrend in the momentum (RSI) and flipping resistance into support.
Entry levels are : 2727 – 2973 Sats
1st Target : 4743 Sats
2nd Target : 6898 Sats
3rd Target : 10498 Sats
Invalidation : Decisive break below 2500 Sats.
NOTE: watch uptrend in RSI, if that one breaks expect selling pressure.