First of all a cordial greeting to all the academic and scientific community of Hive, in the present opportunity I come to talk about the great investment opportunity with cryptocurrency called WaykiChain (WICC), due to its behavior in the market, which is in a sideways channel, and can generate many benefits.
 The image used is from Public Domain, Author: Geralt, 2015 |
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WaykiChain according to the information from the creators is considered as, “an innovative technology company focused on the development and exploitation of blockchain technology. The third generation commercial blockchain, independently researched public blockchain with high-performance transaction processing capabilities, efficient consensus mechanisms, powerful smart contract engines, and blockchain update management capabilities. WaykiChain can provide enterprise-level blockchain infrastructure and industry solutions”
It likewise owns one of the critical infrastructures for decentralized finance promoted by WaykiChain, the stablecoin project built on the lower layer of the public blockchain has been continuously improving the potential for the development of decentralized business models.
Below is the performance of the WICC coin in the last month, and its explanation:
 The image used is from Public Domain, taken at: WICC |
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It can be observed that the WICC cryptocurrency, entered a sideways channel since one (1) month ago, it is considered as sideways channel due to the behavior that goes up and down almost always to the same point, the orange lines represent those points, the upper line can be considered as the highest point (ceiling) and the lower line the lowest point (floor).
Which in stock market term can be represented as a bullish bull, which begins to strike when the value falls to the orange line (floor) which I represented on the graph with a green arrow, and makes the price rises to the point of the second orange line, where the bearish bear comes into action, and knocks the price down again.
Observing the behavior, the bull is about to enter in action, which is considered as the perfect moment to invest in a sideways channel, buying at low prices, waiting for the rebound, and selling before the Bear attacks again.
- WICC WaykiChain - Whitepaper. Item available
