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WTC - Walton Ready For A Big Bounce Off SupportWalton is looking very bullish after bouncing off support. I see that the Daily MACD also looks good as it approaches the zero line. I think that WTC has huge potential to grow against BTC here, especially if its MACD moves into bullish territory above the zero line. Just buy and HODL. My target is the resistance trend at the top of this pink falling wedge I have outlined. It could be a very lucrative return before the year's end. Look for a breakout beyond the yellow trend which is currently acting as resistance. That would be a good buy signal to ride the wave up.
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by jpbrown1023
Walton Strong Bounce | Can Grow Over 190% Within Weeks!Walton (WTCBTC) hit a new All-Time Low (ATL) on the 26-October and is printing a very strong bounce. With a high volume bar, this bounce can transform into a new uptrend if the bulls follow up. Looking at Bitcoin's massive bullish action , how much the altcoins market has been growing (other Binance alts) as well as the general sentiment changing from bearish to bull... We can expect this pair to start to grow. This is an early signal... But it is starting to take form. This setup can be traded. You can always buy-in making sure to have a plan and a stop-loss in place in case the prices reverse and move down instead of up. Here you have a friendly reminder... If the daily candle closes above 0.000806 or EMA10... It is confirmed that the bulls will take control. You can find additional details on the chart above. Namaste.
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by AlanSantana
2
Walton Falling Wedge & Bullish Divergence | 500%+ Ahead!Walton (WTCBTC) is breaking out of a huge falling wedge that started with the April 2019 price peak... We are starting to see some early signals of bullish action developing. I am seeing strong bullish divergence showing up on both the MACD and RSI. Remember that this signal is stronger when it shows up on both indicators. EMA10 has been broken on the daily timeframe, here we are looking at 2D (2 days or 48 hours per candle) and EMA10 is being challenged as I write this. Trading volume is starting to increase and will produce the biggest volume bar since June... Buyers are coming in. Additional details are shared on the chart. Note: Walton (WTCBTC) can continue falling. If you decide to trade remember to always have a plan and use a stop-loss. If the daily/weekly candle closes below 0.00000774, the above signals become invalid and WTCBTC can easily move lower. Trading above this level keeps the bullish potential. Thanks a lot for reading. Namaste.
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by AlanSantana
8
WTC (WaltconChain) Breakout Coming..!!WTC (WaltconChain) - Almost Completed Falling Wedge in 12 Hrs Timeframe.. - Indicators Are Turning Bullish But Need Some Volume for Breakout.. - MACD & RSI Bullish Divergence As well.. - I'm Expecting 50-70% Profit in Coming Days.. Please, give us your opinion in the comments! If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates. Join Telegram Channel for more analysis - t.me The information given is never financial advice. Always do your own research.
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by Faibik
1
WTC BTC - Macro analysisWaltonchain looks like it might get a bit of a bounce by springtime... the fibo fan shows the decrease in bearish momentum, the horzontal fib shows there the cycle should reverse, and we also see lots of volume showing on the vpvr at the 0.236 fibo trendline which could indicate a bottom, but we are still yet to see any real upwards direction. If the price can break above the moving average resistance then i expect it may try to test the 0.382 to 0.618 fibonacci zone, but personally I would not trade below the moving averages. Not an expert, not financial advise Biffy
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by Biffy