What is happening to WAN? Will it Bounce?

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Wan is going down with no end in sight.. comparing to BTC, WAN is following a down channel south without any price history to make any valid argument on where the bounce might be. According to TD sequential indicator, we can expect a bounce very soon according to the oversold RSI, and TD sequential is a on 8/9 with an aggressive 13 some time before which indicates that we could have some relief near term.