Waltonchain Upside potentialWaltonchain (WTCBTC) broke out of the consolidation on Thursday.
If price falls down to the support level around 0.0017, we can expect another reaction to the upside.
If price breaks the resistance around 0.002 it will likely continue up to the next resistance around 0.0025.
Once price reaches the resistance level around 0.0025, it's reasonable to expect a reaction and a possible drop.
Good Luck,
CryptoTrendline
WTCBTC
WTC when is the next leg coming?Green Boxes -> Targets
Red Boxes -> Support
this one will make a good run!
Waltonchain (WTCBTC) Very Strong (223%+ Earnings Potential)Waltonchain (WTC). A very strong altcoin with great trading volume is preparing for a new run. I received a message telling me about a breakout. I see that Walton (WTC) did breakout on the 4 hours chart but this breakout is yet to be confirmed on the longer time frame, but the fact that you are reading this, means that they are enough strong, positive and bullish signals on the charts for me to share this coin with you as a trade.
I mention 223% earnings potential in the title, that is if we challenge the last all time high. "Challenge", not break it. If we break the last all time high and go to the next Fib. extension number (the next resistance level based on the Fibonacci sequence), we are looking at a nice 320% earnings potential... And you know cryptos, you know Binance even better, the earnings are crazy there on a daily basis, specially with such a hot and famous coin.
Let's take a closer look at what we have here by starting with the fundamentals:
> Waltonchain (WTC) - Release of WTC Android Mobile Wallet. (30-April)
> Waltonchain (WTC) - Release of WTC iOS Mobile Wallet. (31-May)
Waltcoinchain (WTCBTC) Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
Let's start looking at my favorite time frame, the daily chart (my second favorite is the weekly, gives you a great perspective of the mid/long term view of any asset):
- We have very strong and easy to read positive signals.
- Notice first the red dotted line. This is a trend line, a downtrend, which has been broken by yesterday's breakout. We are breaking out again today.
- Strong positive divergence on the MACD. A very strong signal on this time frame.
- RSI is very bullish. It hasn't been this bullish for WTC since early February. Signs that things are changing for this coin.
- MACD curving up, trending up and showing plenty of room left for growth.
- I am in love with the weekly chart for Waltonchain, it looks really good. VERY BULLISH. We need a strong close this week for Waltcon (WTC) to "seal" a new "deal" for the weeks ahead.
Note: The Ichimoku cloud and Bollinger Bands are telling me that we will have to face some resistance on the way up. That is more than ok for us, we are good with it, we don't mind waiting. What we are really interested in is securing our position so that we can sell as close as possible to the top once the Altcoins market is in its full bull run mode. For now, we spot the opportunities, buy in and hold... Later we enjoy the profits by selling high.
We buy low and we sell very high... That's the most basic way of looking at it. Let's enjoy this trade now.
TRADE INSTRUCTIONS
Buy-in: 0.0014 - 0.0019
Targets:
(1) 0.00213 (short)
(1.1) 0.00233
(2) 0.00273
(3) 0.00313
(4) 0.00387 (All time high)
(5) 0.00527
(6) 0.00767
(7) 0.01013
Stop-loss: 0.00121
Trade strategy: Buy & hold. Leave the rest to the market (hold and later sell for profits when we start to hit our targets).
START LIVING TODAY
Focus on today.
Breath today.
Enjoy today.
Be happy, grateful and RICH... today.
Starting living your day...
Start living today!
Namaste.
WTCBTC (Binance) Updated PlayTried three times to push past the Fib with no luck. Setting up some buy orders to add to my bag in that Blue box.
$WTC $BTC Waltonchain setting higher lows ar resistanceUpdate of my previous chart, $WTC still probing resistance and setting higher lows on the hourly chart.
WTCBTC , Walton would probably begin a new uptrend !!Technical analysis:
WALTONCHAIN/BITCOIN is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 43.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.00148 to 0.00125), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00148)
Ending of entry zone (0.00125)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.00179
TP2= @ 0.00197
TP3= @ 0.00234
TP4= @ 0.00278
TP5= @ 0.00380
TP6= Free
WTC buy signalBefore anything I have to say that a loss of the 4H higher low will invalidate this entire set up. However if we hold the higher low pattern we should see major continuation to the upside. I am not entering a position until the double top/Fib level is broken with convincing volume. Targets are the yellow boxes. 1/3 each sold at both of the boxes and the rest I will let ride. As long as BTC channels in its current range, or sets up bullish, I think WTC will see continuation. Be patient and wait for the breakout , or buy now and set a stop loss right below the last 4H lower high. Bad R/R if you play it that way though. Buy the breakout. It is also worth it to mention that we may not see much resistance up the the 0.382 FIB level. Major resistance expected around the .5 FIB though. New twitter account, follow me there for more chat updates and daily profit/loss.
WTC - Another +30% in few daysWTC have been working well with fib levels recently. Lets see if the pattern repeats.
Long term buy on WTCLooks like it has started accumulating after a long downtrend that seems to be ending. I have mapped out minor and major EW. Looking at 100-200 percent in mid-long term.
Disclaimer: I don't know anything.
Fractal IdeaFirstly, BTC is king and sets the tone for the market, and I dont think were in the clear yet. Too many similarities (the fractals are remarkable) between November 2013 through 2014 to where we are today. I think we are where BTC was in late May of 2014 right now. That being said, enjoy alt season while it last.
WTC looks like it may break out in the 4-5 days. RSI looks like its getting rejected at 55 on the daily. I think theres limited upside to this play, but could still get you ~40%
T1 18 (+20%)
T2 24 (35%)
SL 12.5 (-15%)
$WTC next long run incomingBINANCE:WTCBTC its time for my sweety again.. last price range was my entry + close position.. AO looks good and will possibly break out at my favorite month in the year.
WALTON (WTCBTC) Trade (260% Earning Potential) ON BinanceWalton Just Cross the triangle. Bull run already started!
Buy Between : 151.000 Sat To 160.000 Sat
Sell Target 1 @ 200.000 Sat
Sell Target 2 @ 240.000 Sat
Sell Target 3 @ 300.000 Sat
Sell Target 4 @ 400.000 Sat
Enjoy this big explosion next days weeks!
No brainer buyWTC hitting support on the 786
Been accumulating for a while
Indicators looking very nice
Entry should be made on a lower time frame. There will be a little pull back so dont miss your chance.
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
WTC/BTC Short term price action incoming!BINANCE:WTCBTC is coming to the apex of the descending triangle which found support at the 61.8 @ 0.0013319 sat level. RSI is rising with the MACD heading towards bullish. Strong resistance with the 50/200 EMA just at the downward resistance. If resistance is broken expect a big upward movement towards the 0.0015 sat level. If supports fails look to the 0.0012128 level for next support.
WTCBTC: -7- Similarities of WTC's Market CycleLately, I've been pursuing only some formations (e.g. double top, double bottom, head&shoulders, etc.), but this idea is apart from formations or technical analysis.
This is purely market cycle idea.
There are 7 similarities in two different period of WTC. According to this cycle, ATH is soon, I'm buying this.
P.S. I feel like gambling when I invest without TA, hope it goes well.
WTC LongBuy blue, sell green, stop red.
Could be falling wedge or it could be symmetrical triangle. Either way, both signs point bullish.