Wanchain (WANBTC) is getting closer to breakout... let's take a look.
WANBTC has been going down since hitting an all-time high back in May 2018. As it drops, it has been creating lower lows.
Recently the chart is going flat, and we can see higher lows being breaking, with the same happening on the RSI and MACD as well... WANBTC is preparing to break out.
Trading volume has been increasing, and today there was a break above EMA10. The last four times that EMA10 was challenged, all produced above average breakout, all sell orders being bought.
These signals are telling that Wanchain (WANBTC) on Binance is pointing to a breakout soon.
I'll be keeping an eye on this chart... Thanks a lot for reading.
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