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.
