WTC - My Love/Hate RelationshipWell, well, well. The one coin that I've sold and rebought a number of times due to FUD and my personal annoyance with their marketing efforts. HOWEVER, that doesn't stop this from being a good trade setup. I am at a net loss on this coin, but I added a bunch more at the 39000 satoshi level, after seeing a clear bottom happening on August 13th, 2018. I added a few coins on that day, because it seemed like a great buying opportunity. I also added a bit recently at 49000 with some BATBTC profits.
Since then, WTCBTC seems to have formed a "classic" Adam & Eve double bottom. The Adam (pointy) bottom had a huge rejection, that took it all the way up to 80K sats, only to lose steam and form a more rounded (Eve) bottom. Looking at the chart we have today, it seems like WTCBTC just bounced off its short term uptrend line. RSI still seems a little high though, so our bottoming could extend for a bit longer. If we hold above 50000, we should see a move up from here. If not, as I said, the bottom will extend further, and there may be another buying opportunity near strong support at 41000. These scenarios are shown in Orange and Maroon.
Another thing to note is that there was a lot of coordinated FUD on this coin recently. Since the FUD abated, the coin has been on a steady rise. Doesn't seem like a coincidence to me. Anyway...
BUY Targets:
41000-42000
49000-52000 (STOP LOSS below 49000)
SELL Targets:
80000
100000
150000 - Will likely redistribute my portfolio a bit here, if it makes it.
All time High+
This is not investment advice, nor am I a qualified professional financial advisor. This is just another one of my long term setups, for personal use, and for people to follow along with the trade.
-Victor Cobra
Waltonchain
Daily Bullish Signal $WTC #WTC WTC/BTC (12 November)BLUE ARROW indicates the EXPECTED Time and Targets
Contact me if you need help
Waltonchain WTC Potential break thruOn this 1 Hour chart we can clearly see sideways movement for Waltonchain Token, from 09:00 on 7th November this morning the Volume was around 62K, when now (00:30), at the current moment we have a Volume of less than 4K. Two hours later at around 11:00 it hit the minimum expected Top around - 0.0004840 as the Bollinger bands indicates. From there on, until the current moment, as already mentioned we are in a Sideways movement.
Let's take a look at some more details that give me the positive feeling of an Uptrend coming in those 2/3 days.
RSI is currently sitting around 46-47 levels and that's going around from the moment, when we had the maximum Volume for the day (09:00 - 62K - Volume)Buyers couldn't break thru the indicated Resistance 1 line - around 0.0004855, but also Sellers couldn't break the Support 1 line - around 0.0004740.
MACD interestingly forming an uptrend movement, coming to the moment where the 2 averages will make an X and with a bit more volume will break UP as I am expecting to happen in the following days.
My feelings is that positively we can see a minimal break at Resistance 1 line - around 0.0004855
Next level would be Resistance 2 line - around 0.0004940
With a lot of Volume and a green market why not Resistance 3 - around 0.0005050
This analysis is created on a short term basis, analysis could go this scenario in the coming 3 days.
This is not a financial advice or any kind of financial advice.
WaltonChain is a Solid Future GrabSo, many individuals have asked me to assess Waltonchain’s price action over the last few days due to increasing interest in the chain and its idea.
For this price analysis, we’re going to look at the WTC/BTC pairing, specifically.
Over the last 7 days, in particular, the price for $WTC has been getting throttled:
As one can see above, Waltonchain has been seriously shedding against Bitcoin over the past few periods on the H4.
Now, when we draw our connecting trendline going upward, we can see there’s an opportunity for a potential bounce coming up.
What Bounce?
Check it out:
Here’s what could happen if the ‘bounce’ fulfills itself against that trendline:
ZN Reversion Ribbon V2
Based on what can be seen above, a entry position (on a long), does not appear advisable until we can see convergence on the Zerononcense Reversion Ribbon V2 (i.e., the Histogram reflecting bars of decreasing length over time.
Bounce Could Potentially Provide Righteous Gains
Conclusion
Here’s the anticipated price action for the WTC/BTC pairing :
#WaltonChain $WTC - Anticipating a breakout - Long 25-42.5%#WaltonChain $WTC - Anticipating a breakout - Long 25-42.5% Profit
Be patient, build your position in parts to maximize profits
I've been in $WTC for a bit, but here is a trade I'm taking (adding to my position)
A good amount of large caps have been doing well recently & are starting to look like they wanna play a bit
Buy zone 46.5-48.5k sats
TP marks: 61, 65, & 69k sats
Stop (if you want) 0.0004645 $BTC
$WTC RSI chartTake a look at how this 63 point area on the rsi has been a historic rejection zone for WTC.
Bullish Divergence on $WTC. How High For Scalp?If you enter with proper entry from recent dead cat bounce, $WTC must've gave you at least a 2Xs or 100%+.
No doubt Walton Chain is one among many great token projects until this day, with only 70 mils total supply and 40 mils ciculating supply $WTC aim to be useful in commercial use. For example last partnership with Dongdaemun Fashion Town Tourism Zone (www.dft.co.kr ) in South Korea to implement Waltonchain's Blockchain + RFID solution in the field of retail distribution, logistics and store management.
As today, we're still in a great season of bear market but still, it shouldn't stop you making profit. All you need is a good entry which having high probability you win on R:R or don't enter at all and save your money for another day.
That day is today, I see a bearish divergence both on WTC chart both in Bitcoin and BNB pair. So, i wanted to use BNB right now because i don't want to be mainstream.
Last time the price action trying to enter the cloud but it got rejected and here we are today, it seems like it will trying to break it again. RSI level and PA showing a quite delightful bullish divergence with RSI level still on 40 or below, which it's quite tempting. Plus so many wicks on price actions on few recent candles showing there are some rejections if we go downward a bit. Well, it supposed to bounce before we go below.
Remember, this alt price also linked to Bitcoin price, so be careful either. 15% target max here with the current condition.
WTC short term projectionShort term analysis of WTC. Made using a cluttered chart, lots of coffee and hyper-focus.
Look to pick up more at 4490-4500 range
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis:
. WALTON/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (3.067200 to 1.817900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (3.067200)
Ending of entry zone (1.817900)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 5.105280
TP2= @ 6.346210
TP3= @ 7.934270
TP4= @ 10.052800
TP5= @ 11.698000
TP6= @ 14.732200
TP7= @ 17.794500
TP8= @ 22.121000
TP9= @ 27.661900
TP10= @ 42.177100
TP11= Free
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis:
. WALTON/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (3.067200 to 1.817900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (3.067200)
Ending of entry zone (1.817900)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 5.105280
TP2= @ 6.346210
TP3= @ 7.934270
TP4= @ 10.052800
TP5= @ 11.698000
TP6= @ 14.732200
TP7= @ 17.794500
TP8= @ 22.121000
TP9= @ 27.661900
TP10= @ 42.177100
TP11= Free
WTC/BTC: Positive signsWTC showing some nice signs on the daily, leaning on a longtime support + fib support. Expecting this coin to do well longterm. Blockchain is coming up, IoT is coming up. I think the combination of both will make for a very interesting combination. MACD and RSI look promising on the daily. Happy trading :)
WTC TO OVER 5000 SATS!?-broke out of wedge on 4 hour chart and now in accumulation zone around 4400 sats
-forming support on the 25ma on 4 hour chart (bullish)
- attempting to create a pivot also
ENTER 4400-4450
STOP UNDER 4000
TARGETS 4975-5490-7965
**as always not financial advice , always do your own research before investing.Invest at your own risk **
My $1k to $100k Challenge: Day 74 - Trade #62 WTCHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
After 73 days and 60 completed trades:
Wins: 30
Loss: 30
Balance: 0.1914 B
USD: $ 1291
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 74 trade #62
I invested 0.10 B into WTC. I bought 229.72 @ 43510 satoshi
My Sell targets are:
T1: 45690 5% potential profit
T2: 47880 10% potential profit
T3: 50040 15% potential profit
I will sell 50% at target 1. 25% at target 2 and 3.
If target 1 is hit, I will move my SL up to my buy in price.
If target 2 is hit, I will move my SL up to T1.
SL: 42410 -2.5%
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
If you agree, click the agree button.
Your comments are always welcome.
Thanks for stopping by and have a great day!
#Walton Chain (WTC/BTC) - Price Analysis. Good Solid Coin I can see it coming to 0.0003798 BTC range before it can fly.
Nice Accumulation Going Onn. One big move down to carry till moon.
In Other case it can move onn accumulating till the channel breakout.
WTCBTC: simpleThe breakout of the wedge didn't work. Still crawling below the resistance line. A previous (global) support is a very tempting level to bounce off from. The reversal at that price is too obvious to believe in, but often the simplest way of price evolution is the most possible.
Not a financial advice.
Waltonchain update!Update buyzone 4h timeframe: head & shoulders on the RSI, bullish divergence on macd, Waltonchain is in for a run!
Trade carefully!
B.
Long on WTCWTC / Waltonchain is one of Binance's users favorite coin. WTC has a good product, partnership and also great team and community behind it. Mid term - long term so bullish in this. My mid term targets are above. Lock profits partially.
WaltonchainHidden bullish divergence macd 4h + possibility of a cup & handle, short time buy opportunity! Beware of Bitcoin, trade carefully!
B.
Bullish Signals for #WTC #WTCBTC (07-09)#WTC (WTC/BTC)
Buy : 6000-6050
Flash Sell : 6100-6150-6200-6250-6300
Short Sell : 6400-6500-6600-6700-6800
Stop : 5850
Follow me for more signals
PM me if you need help from me
A trading opportunity to buy WTCETHTechnical analysis:
. WALTON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0104 to 0.0071). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0104)
Ending of entry zone (0.0071)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0131
TP2= @ 0.0147
TP3= @ 0.0167
TP4= @ 0.0195
TP5= @ 0.0233
TP6= @ 0.0307
TP7= @ 0.0395
TP8= Free