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WTC / BTC - 28 Feb 2019 - Long SetupOverview WTC looks like it might found its bottom. Unlike many other Altcoins it never had a rally in the last days. I will buy in green area. Stop- Loss below it. Laddering out my position on TP1 (40%) and TP2 (40%) While the last 20% of the position will be held. Dont forget: - Watch your Risk management - Bitcoin has an influence on all Altcoins, be aware of movements there - DYOR (Do-Your-Own-Research) Please consider: This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor. Thanks for reading! - SE -
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by UnknownUnicorn1541497
WTC And The Logarithmic Downtrend - Will The Selling End?Ah, the worst performing coin in my portfolio. This is the only crypto asset I own that I have not really averaged down on since November, since I saw other coins likely to far outperform it. So far, I've been correct in my assumption. Why hasn't it bounced like some other coins, you ask? The answer is simple - Pump and Dump groups cannot confidently pump a coin that has a lot of negative media coverage. "The jig is up," so to speak. They can only pump coins that have not proven how valuable or worthless they are - i.e. coins driven entirely on speculation. Waltonchain has left the speculative phase and is now on the verge of getting wiped off the map, unless it can redeem investor confidence. They need to prove that their token has value, regardless of whether or not their tech is getting adopted. These are actually two different things. WTC is also one of the few coins to remain in a LOGARITHMIC downtrend for over a year. This means it is consistently exponentially DECREASING in value. Check out the red line. We're actually close to breaking out of it now, which explains the volume. However, their mainnet keeps getting delayed and people have lost patience. This explains the recent selloff as well. If WTC cannot hold here and break out of the red wedge (current price), we will likely fall down to somewhere in the 2100-2200 area. If we break out though, and if their mainnet launch is somehow successful, we can easily double up from here and target the 5400 area. This means a powerful breakout IS possible. And it could happen soon. I may start to increase my position a little if I see signs of this happening. As for current price action, it looks like we're forming a head and shoulders pattern on the hourly chart. This is bad, considering it's forming right at the log downtrend line. However, if we can close the next daily candle above it and invalidate the head and shoulders, we MIGHT see a powerful breakout. This is not a trade setup and this is not financial advice. This is just my opinion based on what I see in the charts, and fundamentally. This is mostly educational, as I think it's important to highlight WHY Walton hasn't bounced, and why it remains one of the worst performing coins during this bear market. Link to previous WTC analysis at bottom. -Victor Cobra
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by VictorCobra
Walton (WTCBTC) Targets (Where To Sell 4 Profits)Walton is going to be generating some good profits and that is why we have an open trade for it. Here you have some WTCBTC targets, this is where you can sell for profits on the way up: Walton Targets by Alan Masters: (1) 0.000366 (2) 0.000444 (3) 0.000555 (4) 0.000681 (5) 0.000781 I ACCEPT BLESSINGS IN MY LIFE… ALL OF THE TIME I accept blessings in my life, that’s ok. I am always thankful, daily, for everything that comes my way. I am thankful for everything that happens to me that’s good. But I am also thankful for everything that happens that people consider bad. That’s the trick… That’s the trick if you want to receive blessings in your life… ALL OF THE TIME. Be grateful for everything that you already have. As you are grateful for everything, good or bad, right or wrong, life will always make sure to give you more of what you want. Namaste.
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by AlanSantana
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WTC - 138%+ Potential Profits! [FREE TRADING SIGNAL]Pair: WTC/BTC Exchange: Binance Trade Duration: Medium Risk: Low Introduction Waltonchain (WTC) is currently sitting just above yearly lows at $1.26 (0.0003060 BTC). WTC is currently in the accumulation phase and looks ready to make a move, although, it must break through the current strong resistance to make us confident in this trade. Technical Analysis - Higher Lows - Nearing Breakout of Triangle - Bullish RSI - SQZ Signalling Bullish Momentum - Consistently Good Volume Fundamental Analysis - Mainnet Update & Testing (18th January 2019) Our Entry Zone 0.0002900 - 0.0003240 Our Targets 1: 0.0004200 2: 0.0005370 3: 0.0006900 Our Stop Loss: 0.0002650 If you liked this analysis, hit that like button and give us a follow ! Have a great day, Crypto Eye Team ------------------------------------------ DISCLAIMER: This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more. Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
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by Axsonex