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 !
Waltonchain
$WTC - Round 2 ?Waiting for a break of falling wedge
If this one break, we will wait for a retest only if $BTC seems great
Not A Financial Advice
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
WTC LongWTC could be at the end of its accumulation. Increasing volume and positive divergence are considered as first signals.
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
Waltonchain WTCBTC looks hot right nowHey guys welcome for a fresh crypto update, please like and follow to support us
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looking at WTCBTC chart right now so prices are ready to fly with the new altseason
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Take entry under 6000 sat
T1 8700 sat
T2 12000 sat
SL 4600 sat
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Thanks for reading...
For the most profitable premium trading services DM me or contact me through twitter or telegram
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this is Husain Zabir, signing out
Thankyou...
$WTC, Sitting at ~660 sats level (matching EMA50)..$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
WTC (Waltonchain) Downward wedge. Rounded bottom - 2 phase.WTC (Waltonchain) Downward wedge. The price is almost in the corner. A rounded bottom is forming , perhaps we are now in the second phase of the formation of this formation. Lateral movement exists for 84 days, almost 3 months.
The potential the rounded bottom to resistance is huge + 260% , this coincides with the third target the figure - a downward wedge. Perhaps the combination and transition of the patterns of a falling wedge and a rounded bottom will become trend reversal patterns.
Wedge target: + 70%, + 150% + 260%. All levels are shown on the chart.
Log on a breakout of a pattern, or rollback after a break, depending on your trading strategy.
Stop Loss under a downtrend wedge, but a large% comes out. The coin is highly volatile due to weak liquidity. Exit - the correct entry point and Stop Loss movement as the coin grows, given the volatility.
WTCUSD on a retracement - watch for a bounceHi Traders
WTCUSD is might coming down to bounce off. The RSI Divergence as well as the MacD show a momentum change. It might bounce of the marked area or the resistance line a bit lower.
WTC_BTC with description#Wtc_Btc
it is 1 of the best choose for long term
remark :
I don't like to painting a bow and tell you someday it's going to happen! And call it signal or analysis!
The best help each other provide short-term analysis and loss prevention
And trying to make a profit
I will try to provide analysis in time frame 30 minuets for traders .
Important price we need to break :6700 -6800
then we can say it is safe signal
also :
Every day I learn new things from analyzing all of you
WTCBTC Daily chart description #WTC_BTC #Daily_chart description
for daily traders
i posted 1 week chart first to going there we need this daily chart
we need breaking the red line first of all strongly and making it to support line
and blue line is a weekly support area that we are almost sure it will not broken and maybe we cant touch it again!
also 470 area should be strong sup
so this area can be sl
i provide this because i told you in weekly chart :
I don't like to painting a bow and tell you someday it's going to happen! And call it signal or analysis!
have a nice trade
Super cheap entry point for WTC Waltonchain !!!WTC is breaking out of a very longterm descending bullish wedge !!
Look at that volume !!
I think that WTC is as cheap as you can get !!
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).
$WTC - Amazing Falling WedgeWTC drawing an amazing falling wedge
Waiting Volume and retest
If not, new low is coming
Not Financial Advice
WTCBTC Weekly Falling WedgeWTC never been so low on weekly, RSI oversold...
Want to see it go for higher D and 88.6% / 78.6% the least.
Follow fibs as targets, they are accurate.
Eventually our main target is POC (Volume Profile red line), there's a lot of confluence and resistance there, magnetic field (long term).