Long
WALTONCHAIN WTC/BTC I see you ;)
I always pay close attention to Walton and have noticed volume been building really well lately on its up trend which is a good sign.
We where waiting for a significant pull back to find an entry to push to the current supply level around 3700 or so.
We got it and had the break on the retrace last night for bullish confirmation, looking to double up again on a retest hopefully as the smaller time frames are showing a mini cycle pull back, but for now a pick up on the 50% fib and in the middle of the golden pocket will do for now.
272 extension is overall target for now with tp1 at previous high and move stops up once we are clear.
safe trading
We where waiting for a significant pull back to find an entry to push to the current supply level around 3700 or so.
We got it and had the break on the retrace last night for bullish confirmation, looking to double up again on a retest hopefully as the smaller time frames are showing a mini cycle pull back, but for now a pick up on the 50% fib and in the middle of the golden pocket will do for now.
272 extension is overall target for now with tp1 at previous high and move stops up once we are clear.
safe trading
Trade active
WTC moving nicely has hit previous structure but CCI has legs in it to continue this momentum to the supply level and final target.14% from the entry in the golden pocket and clean break in retracement down trend.
Trade active
CHACHINGGGG.target hit with a nice wick up above supply confirming the supply is done.
Now looking for this to cool down and find support on this previous supply before making another push to the next order block.
total of 37% since original entry from our group :)
Trade active
WTC HAS NO CHILLStill walking up trend and hitting all targets, respecting trend based fib levels smashed the 1.272 and about to hit the 1.618.
I have final target of .0004600 in mind for that higher supply level so will be moving stops up now that we are sitting at 40% WOW this played out so much quicker than expected.
Trade active
HOLY MOLY that was quick, next main target demolished, surely its time to settle down now, 63% from first entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.