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Waltonchainbitcoin

Bullish Divergence on $WTC. How High For Scalp?If you enter with proper entry from recent dead cat bounce, $WTC must've gave you at least a 2Xs or 100%+. No doubt Walton Chain is one among many great token projects until this day, with only 70 mils total supply and 40 mils ciculating supply $WTC aim to be useful in commercial use. For example last partnership with Dongdaemun Fashion Town Tourism Zone (www.dft.co.kr ) in South Korea to implement Waltonchain's Blockchain + RFID solution in the field of retail distribution, logistics and store management. As today, we're still in a great season of bear market but still, it shouldn't stop you making profit. All you need is a good entry which having high probability you win on R:R or don't enter at all and save your money for another day. That day is today, I see a bearish divergence both on WTC chart both in Bitcoin and BNB pair. So, i wanted to use BNB right now because i don't want to be mainstream. Last time the price action trying to enter the cloud but it got rejected and here we are today, it seems like it will trying to break it again. RSI level and PA showing a quite delightful bullish divergence with RSI level still on 40 or below, which it's quite tempting. Plus so many wicks on price actions on few recent candles showing there are some rejections if we go downward a bit. Well, it supposed to bounce before we go below. Remember, this alt price also linked to Bitcoin price, so be careful either. 15% target max here with the current condition.
WLong
by blockchaindedi
1
There is a possibility for the beginning of uptrend in WTCBTC Technical analysis: . WALTON/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.00100 to 0.00080). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00100) Ending of entry zone (0.00080) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00125 TP2= @ 0.00148 TP3= @ 0.00179 TP4= @ 0.00197 TP5= @ 0.00234 TP6= @ 0.00278 TP7= @ 0.00380 TP8= Free
WLong
by ForecastCity