WTC/USDT - level reductionthe reasons for the purchase:
- level pressure.
- the indicators are ready to continue growing.
- stop loss on the level.
If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
Walton
WTCBTC 5HWalton; continued horizontally for about a week and now about to try to break in a short-term. Now, I think it can try primarily 360-365sats with strong purchases and then possible reaction-response sales are important for more.. Good luck!
Waltonchain (WTC) In the purchase area. Work on a coin.Waltonchain (WTC) In the shopping area. If the price holds this support , which, after breaking down the wedge, acted as a launching pad for local pumps, then we are waiting for the formation of a reversal pattern of the main trend - a double bottom.
I will no longer describe everything in great detail in trading ideas, how it takes time, and I do it all for free.
The whole logic of work, important zones, levels, goals, stops, potential movements are shown on the chart.
WTC / BTC Falling Wedge. Wedge targets in the global. Trading idea for January 16th.
Sometimes I trade this coin, the profit from the last trading idea on this coin from the moment of breaking the wedge is + 27% and + 90% (3 Ross hooks in a row in a local uptrend). The logic of the work was partially shown in the update under trading ideas.
The line of the local uptrend has been broken.
The price has returned back to the purchase area.
Binance trading competition impulse - enough for a reversal?Hello there, this is our view on wtcbtc, enjoy!
Analysis:
Recently a trading competition for this coin was set onto a popular exchange and recent wick was due to general fomo. Latest volume spike generated a nice opportunity to take profit from this, so let's check it! First of all, price is still trading inside a bullish ascending triangle, which is very likely to be broken out. Then many bottoms were recorded (I can clearly see 3 of them) which means that price couldn't manage to go lower; also price broke out recent downtrend (missing a retest) and is watching at least to attempt for a reversal. Even if there are still multiple simple moving averages death crosses pending, they could easily turn to golden crosses, which started to appear on smaller lengths and resolutions. Either do EMAs but 50-200, which still looks very far (in accumulation) from a reversal. Actual candle opened at weighted moving average 200 level and is still trading above; it has also gapped from previous candle, forming a kicker pattern. There's also a bullish unique three river pattern on h3, which was a sign of reversal before this pump. Far in bollinger bands overbought, but volumes really came in, so that isn't very relevant. Pump went straight across ichimoku cloud resistance zone, which now seems it can handle price down there; it turns to be bullish in a couple of days, when price will breakout a couple and handle pattern that is still forming. Money flow and chaikin oscillators do look bearish since they're going down even if price has pumped a lot; that means that there's quite good sell power, other than buyers - I'm looking at it as the candle started, it may close differently (probably bullish) but that's it. A golden cross has formed on stochastic, which is growing from oversold just like relative strength index and ultimate; the last one already witnesses some weakness in this run-up, since it's on its way to form a bearish divergence with price. Moving average convergence/divergence is stating a nice uptrend, while awesome is still neutral (tho already plotted a green bar). Price is moving just a little over latest bars and this big green candle (and volume) can call fomo in.
Strategy:
Since I believe price is gonna make it to break the triangle up and its target will be far above fibo 0.236, then my targets are for very large movements.
Entry (long): 347 - 339 - 334
Target (short-term): 473 - 478
Stoploss: 299
Risk/reward: 3.54
Nb: we're taking a retracement at 0.382 - 0.236 fibo levels; this means we aren't buying the safe zone (which is below 300, all time low), but we're riding the wave hoping whales will support us. If selloff started before you could sell, then make sure your stoploss is set.
Warning: very volatile. We suggest you should adopt a thorough money management for this kind of trade!
Trade safe and stay at home. Anlvis
Walton Gains Momentum, Bottomed Out (Lots Room 4 Growth)WTCBTC (Walton) is trading near all-time lows and now trying to move past resistance.
Support break in mid-March and we are likely to see prices move back up within this month.
The resistance is found at 400 satoshis (0.00000400) where you see the black line.
Above this level, the charts go super bullish.
We remain bullish even if prices drop (blue arrow).
Thanks for reading.
Namaste.
where goes the Walton with this high volume? WTCBTChigh volume and touching the EMA100 trading above it and convergence in the daily timeframe. maybe a good time to go long on this asset
$WTC, Sitting at ~660 sats level (matching EMA50)..$WTC
Sitting at ~660 sats level (matching EMA50) trying to flip it into support...
If hodls and starts pushing up with volume, we may aim for a new leg up w/ target at ~820 sats (20%+)
UCTS Buy signal active on the 1/2/3D charts
Starting to cross Ichi on the 2D
#WTC
Walton 2020 Takes Off With High Volume | 255%+ Target MappedSince the year 2020 started we already shared 4 charts on Walton (WTCBTC) for you... Find them here: www.tradingview.com
This is more than usual and there is a reason... We believe that Walton (WTCBTC) can produce strong growth soon like ICON-ICXBTC did and so we want you to take advantage of it.
Right now prices for WTCBTC are trading above EMA50 and we have huge volume... The biggest volume ever... Here is the long-term chart:
This signal alone is enough for us to know what comes next for Walton... That is massive bullish action and growth for many months to come.
Thanks a lot for your continued support.
Support me with your LIKES if you want to see more analysis, more free charts & PREMIUM trades.
Thanks a lot for reading.
Namaste.
Walton Bullish Engulfing For 140% On The Next Move!We looked at Walton (WTCBTC) long-term, weekly timeframe, and the potential is really good... Over 5000%+ potential profits to ATH, see it here:
Looking at it short-term, we have multiple signals pointing to an upcoming bullish move. Let's take a look at those.
1) We have the "bullish engulfing" candlestick pattern. (light blue).
2) Increasing green volume.
3) Bullish RSI.
4) Break above EMA10 and EMA50 being challenged.
5) New ATL hit. (Hitting a new all-time low on bullish signals, is a bullish signal).
These signals are pointing to a move up...
These work so well, that yesterday we opened a position for this pair.
Thanks a lot for reading.
Namaste.
Walton Starting To Gain Bullish Momentum | 30% Short-Term ChartWalton (WTCBTC) conquered EMA100 and started to gain momentum as soon as MA200 (0.00000472) was taken out... Now, we can see 0.00000512 working as resistance, which is EMA300... If this level can be taken out, WTCBTC is likely to make a strong jump and move up fast.
Volume is starting to come in and we have both the MACD and RSI as very bullish.
I've marked the targets on the chart.
Remember to have a plan before you decide to trade as this is not financial advice.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Previous analysis | Walton Bullish Engulfing For 140% On The Next Move!
Walton 5 Days Later (EMA50 Conquered by Bulls) | 111%+ Possible5 Days ago we shared a chart for Walton (WTCBTC) on Binance...
Let's see how it looks today!
When we looked at WTCBTC it broke above EMA10, we use this indicator to know if a pair is trending up or down... You can see it here:
Now, WTCBTC conquered EMA50, which gives us an even stronger bullish signal.
With the really good volume we are seeing and currently a strong RSI, Walton can easily continue to move higher.
Our main target is sitting at 111% from current prices but I can also share with you some short-term targets.
Targets for WTCBTC @alanmasters
1) 0.0000595
2) 0.0000715
3) 0.0000800
4) 0.0000910
5) 0.0001100
6) 0.0001230
This is not financial advice.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
WTC / BTC Falling Wedge. Potential from + 160% to + 830%WTC / BTC WTC (Waltonchain) Downward wedge. The price is already in the corner. Volatility decreased, volume entered. Coming soon.
ENTRANCE
On a breakout of a pattern, or rollback after a breakthrough, depending on your trading strategy.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
TARGET
If the descending wedge is broken up and a trend reversal occurs, the potential for the full development of this figure is from + 160% to + 830%.
It must be understood that after a wedge resistance breakthrough, the price may not immediately go into an uptrend, but into lateral movement, thereby forming an accumulation channel, as a rule, they have a step of 30-50%. But a miracle V reverse reversal may occur and immediately into an upward trend movement (less likely scenario).
WTC / BTC Falling Wedge. Potential from + 160% to + 830%WTC / BTC WTC (Waltonchain) Downward wedge . The price is already in the corner. Volatility decreased, volume entered. Coming soon.
ENTRANCE
On a breakout of a pattern, or rollback after a breakthrough, depending on your trading strategy.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
TARGET
If the descending wedge is broken up and a trend reversal occurs, the potential for the full development of this figure is from + 160% to + 830%.
It must be understood that after a wedge resistance breakthrough, the price may not immediately go into an uptrend, but into lateral movement, thereby forming an accumulation channel, as a rule, they have a step of 30-50%. But a miracle V reverse reversal may occur and immediately into an upward trend movement (less likely scenario).
Walton (Jan 14) - 45% in 16 Days#WTC/BTC (Binance)
Buy : 480 - 500
Sell : 550 - 600 - 650 - 700 - 800 - 900 - 1000
Stop : 445
#WTC $WTC #WTCBTC
Walton Long-Term Chart Analysis | 748%, 1343%, & 5743% To StartHello my fellow cryptocurrency traders... How are you feeling this Friday?
I am wishing you a great weekend and start to this beautiful year 2020.
Let's take a look at the Walton (WTCBTC) chart in the long-term, which is the one we have above.
We are looking at it on the weekly (W) timeframe, each candle is worth 7 days...
Let's take a closer look:
Here we have trading volume increasing.
A falling wedge.
And also the bullish engulfing pattern.
Let's dig in a little bit deeper...
The daily (D) timeframe:
Now we can notice a break above EMA10 on high volume.
The biggest volume bar since July 2019.
I also shared here some mid-term targets.
Thanks a lot for your support.
Namaste.
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.
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.
Walton (Oct 04) #WTC $WTC #BTC $BTCWhat to know :
- My Red Arrow indicates the expected target and expected time
- All Free Signals are hidden the trade info
- Only 50% signals are Free (Max 5 signals per day)
WTC near breakoutWTC getting close to resistance level, that was tested several ties already, and if breakout, will cause price impulse move.