[WTCBTC] Walton Long Trade - Low Risk, High Reward [500%+ PP]Walton / Waltonchain (WTCBTC) went ahead and did a full retrace from its December bull run... No wait, in fact, it retraced all the way back to its September 2017 low. Now, after 8 months of bear action, January through August, we are seeing signals of a trend reversal.
Huge potential here... Over 500% profits potential based on January's all time high... Let's take a look.
Charts, signals & indicators
Here I am sharing the long term chart for Walton (WANBTC):
* You can see here the September 2017 bull run, it lasted 12 days.
* The January 2018 bull run, it lasted 22 days.
* And finally... We have late 2018, we are getting ready for what will come next...
Let's see what the indicators and signals have to say:
- We broke and closed above EMA10 (blue line) with strength and good volume. Today's candle is a bullish candle as well.
- A strong accumulation period can be spotted. MACD bullish divergence plus a young bullish crossover, yet, we still need to get on the bullish side for the MACD.
- RSI hit oversold on the 14th August, which is when the lowest point was hit for most altcoins. After hitting the oversold line (red dotted), it bounced strong and it is trending up now and into the bullish zone (above 50).
- The STOCH now is trending bullish.
The weekly chart:
- It is easier to spot the growth potential for Walton (WTCBTC) on the weekly time frame. Take a look at the chart above. You can clearly see a reversal candle followed by a bullish candle, with relatively good volume supporting the growth.
- All the indicators in my charts allow for plenty of room for growth.
- We are hovering around the bottom... Once we are at the bottom, the only place left to go is up.
Note: Notice that all the strong bullish action happens in a few weeks time. When the next bull run is on, remember to sell for profits once we start to hit our targets.
Waltcon (WANBTC) targets by Alan Masters
(1) 0.000660
(2) 0.000758
(3) 0.000824
(4) 0.000902
(5) 0.001060
Stop loss: A close below 0.000420 on the weekly time frame.
Note: "PP" on title stands for Profits Potential.
I ACCEPT BLESSINGS IN MY LIFE... ALL OF THE TIME
I accept blessings in my life, that's ok.
I am always thankful, daily, for everything that comes my way.
I am thankful for everything that happens to me that's good. But I am also thankful for everything that happens that people consider bad.
That's the trick... That's the trick if you want to receive blessings... in your life... ALL OF THE TIME.
Be grateful for everything that you already have.
As you are grateful for everything, good or bad, right or wrong, life will always make sure to give you more of what you want.
Namaste.
WTC
There is a possibility for the beginning of an uptrend in 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 above.
. The RSI is at 52.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000047 to 0.000042). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000047)
Ending of entry zone (0.000042)
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= @ 0.000054
TP2= @ 0.000060
TP3= @ 0.000066
TP4= @ 0.000071
TP5= @ 0.000079
TP6= @ 0.000096
TP7= Free
WALTON TO BRING IN GOOD PROFITS THIS YEAR - CryptoManiac101WALTON TRADE
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
WTC BTC WALTON CHAIN SUPPORT AND RESISTANCE UPDATED WTC BTC WALTON CHAIN SUPPORT AND RESISTANCE UPDATED
Risky Falling Wedge Buy Opportunity2 Month Downtrend
After 3 months (March-June) of chop, WTC/BTC has now been in a 2 month downtrend.
Quick Falling Wedge Play
This downwards channel has had one previous falling wedge pattern, with a quick breakout resulting in ~25% profit.
We are now at the convergence point of another falling wedge pattern and we see an opportunity to buy here at the support and sell in a few days for a potential ~20% or so profit.
Positives:
Price at base/climax of falling wedge
RSI and Stoch RSI are oversold on the daily
Volume seems to be picking up since we started the downtrend
Possible bullish divergence on the Stoch RSI
Uncertainty Leading up to August 16th
However this is still a high risk play, especially because Waltonchain announced on their Telegram AMA that on August 16th they are airdropping WTC tokens to WTCT miners. This could mean that once they receive these free tokens they will dump to recoup their mining costs. I have seen angry posts about this on Reddit and Telegram so it's possible that leading up to this people could dump out of frustration/distrust, invalidating our falling wedge pattern.
Strategy:
Set buy at 0.000477
Consider buying some now or if it does break above 0.00052 resistance
Stop at 0.00046
Sell half at 0.00058 and possibly wait to see if it breaks above the resistance
My $1k to $100k Challenge - Day 23 Trade #35 - WTCHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year 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.
I am changing my strategy a bit, I will be using 2 to 1 (profit/loss) risk vs reward. My sell targets will still be 5% but my stop loss will be -2 1/2%.
I will also be using 3commas trading bot and using profit trailing starting at 3%. What this means is once an active trade hits 3% profit, the profit trail will kick in. If the price drops -0.5%, autosell will occur for roughly 2 1/2% profit.
Looking back at my losing trades, many trades hit 3% profit or more, then dropped down to hit my stop loss. This new strategy should prevent this problem and turn in more wins.
These last few weeks have been fun. I have won some trades and lost some trades. Learning from my failures will help bring me success.
After 22 days and 33 completed trades:
Wins: 15
Loss: 18
Balance: 0.1613 B
USD: $ 1142
*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 23 trade #35
I invested 0.08 B into WTC. I bought 152.84 @ 5234 satoshi
Sell target is: 5500 for 5.08% profit
Suggested Stop loss: 5100
SUB price is all the way down to its Binance debut price range from back in November of last year, expecting a bounce from here.
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.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
WaltonChain - A Perfect Buying opportunity?WaltonChain today has reached strong support at $4.7, which is confirmed by two Fibonacci retracement levels. First is the 38.2% Fibs applied to the uptrend trendline breakout point. Second is the 127.2% Fibs applied to the last corrective wave up.
The $4-$4.7 area could be the turning point for the WTC/USD, yet its too early to say that with confidence. Further decline is possible, and $4 psychological support can be reached, even spikes below can be produced.
But all-in-all it is an interesting long term buying opportunity for the WaltonChain, that might result in huge gains over time. The uptrend confirmation could be the break above the $8 resistance, that only if price won't break below the $4 support. In that case first upside target is seen at $30, and if broken, new all-time high should be expected.
There is a trading opportunity to buy in WTCETHTechnical analysis:
. WALTON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0118 to 0.0095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0118)
Ending of entry zone (0.0095)
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= @ 0.0142
TP2= @ 0.0166
TP3= @ 0.0210
TP4= @ 0.0245
TP5= @ 0.0307
TP6= @ 0.0395
TP7= Free
There is a trading opportunity to buy in WTCETHTechnical analysis:
. WALTON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0118 to 0.0095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0118)
Ending of entry zone (0.0095)
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= @ 0.0142
TP2= @ 0.0166
TP3= @ 0.0210
TP4= @ 0.0245
TP5= @ 0.0307
TP6= @ 0.0395
TP7= Free
WTC (Waltonchain) breaks 4hr equilibriumWaltonchain broke the 4hr equilibrium and is now facing it's next resistance not much higher than that equilibrium at $6.35-6.40. A break in that resistance will result in a target in the high $7's along the trend line resistance visible on the daily time frame. The trend line and the daily chart resistance at $8.00 should be noted as strong resistance levels. Walton has appeared to double bottom at $5.50 and is gaining traction, this traction will be needed to break to higher highs and the optimism is increasing.
$1k to $100k Challenge - Day 11 Trade #17 - WTCHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin 6.07%that was valued at $1000 at the time. You can follow and see all my trades in my profile.
The first week, I made a few mistakes that cost me. Being greedy never pays off.
Last 6 trades: 4 wins 2 loss (PAY missed my sell target by 1 satoshi, then hit SL)
After 11 days and 16 trades:
Wins: 9
Loss: 7
Balance: 0.1637 B
USD: $ 1376
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 please limit your trades to less than 5-10% of your portfolio. Please trade smart.
Alright, here we go with Day 11 trade #17
I invested 0.1573 B into WTC. I bought 225 @ 6981 satoshi
Sell target is: 7330 for 5% profit
Stop loss: 6665
I will be laddering my sell targets to protect profit.
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.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
WTC/BTC - Ready for bull-running - 300% profits potentialWTC price is at the bottom of falling wedge. Hold more and more, don't worry. Next all time high poing is double of previous ATH
Buy : 7300-7900
Sell 1 : 12000
Sell 2 : 17000
Sell 3 : 25000
Stoploss : 7000
Hope this can help you recognize WTC abilities
WALTON WTC TO COME BACK WITH 2X RETURNS - CryptoManiac101This is a great example of widening wedge pattern which is more bullish then bearish. We can still see slight pull backs in current market. Stay below 7% of your portfolio in this. No SL for medium term hold.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Waltonchain (WTC) Oversold (99% Profits Potential)Waltonchain (WTC) has reached bottom and is starting its climb up. You can tell by the sharp drop followed by a strong bounce from critical support.
Our indicator RSI shows that this bounce occured when we hit the oversold line.
The MACD has done a bullish crossover while the STOCH is moving up strong. You can also spot strong bullish divergence on the MACD as well.
The weekly chart also looks very promising, we are sitting at the lower part of the Bollinger Bands and it shows plenty of room available for growth.
The 4h chart has all the early bullish signals that will later show up on the daily time frame, confirmation that we are ready for this trade.
Since we just bounced from bottom, it is time to move up... Let's trade Waltonchain (WTCBTC) once more.
Waltonchain (WTCBTC) Long Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: Up to 0.00119
Waltonchain (WTC) Targets by Alan Masters:
(1) 0.00127
(2) 0.00147
(3) 0.00157
(4) 0.00187
(5) 0.00207
(6) 0.00237
Next support:
(1) 0.000947
Stop loss: 0.00100
Capital allocation: <5%
PERCEPTION & INTUTION
Hey there wake up, we are ready, its time to work.
Come on, be awake, the future is now it is time to play.
Learn through your visions, get ready, it is time to perceive.
Wake up, wake up, wake up intuition, Ajna, wake up, be awake, we need you in our team.
Welcome back my Sixth Chakra, awoken at last... show me everything that you've done with me.
Namaste.
A trading opportunity to buy in WTCUSDTechnical analysis:
. WALTONCHAIN/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 11 BUY trade(s) @ 7.120839 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (6.3864 to 4.4910).
Beginning of entry zone (6.3864)
Ending of entry zone (4.4910)
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 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= @ 8.87
TP2= @ 10.17
TP3= @ 11.62
TP4= @ 13.25
TP5= @ 18.90
TP6= @ 23.86
TP7= @ 28.19
TP8= @ 34.35
TP9= @ 41.18
TP10= @ 46.60
TP11= Free
A trading opportunity to buy in WTCUSDTechnical analysis:
. WALTONCHAIN/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 11 BUY trade(s) @ 7.120839 based on 'a reversal candle (Valley)' entry method at 07.16.2018 in our suggested support zone (6.3864 to 4.4910).
Beginning of entry zone (6.3864)
Ending of entry zone (4.4910)
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 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= @ 8.87
TP2= @ 10.17
TP3= @ 11.62
TP4= @ 13.25
TP5= @ 18.90
TP6= @ 23.86
TP7= @ 28.19
TP8= @ 34.35
TP9= @ 41.18
TP10= @ 46.60
TP11= Free
$WTC going to bounce on the .786 FIB?Not sure if there is anything to this...
I put a retracement position in to be filled between .618 and .786 when it was at the top. Order has filled.
Will keep a close on this one. $WTC is known to make some quick runs. Stop loss set at Wave 1 starting point.
If it does bounce... I put two extension targets out there at 1 and 1.618
WTC/BTC Huge Descending WedgeHuge descending wedge on the WTC/BTC 1D. Looks like convergence will be around early August. Just in time for the $BTC ETF? Setting some buy orders around 92k sats and having a tight mental stop if it is a counter-to-anticipated breakout. However, the chart is somewhat bearish. The Tenkan sen is pretty far from the Kijun sen which suggests we are decently oversold. We are trading well below the Kumo and although the MACD flipped, it is still below the signal line. If you are an investor now is a good time, with all the great June news that was released (www.reddit.com), but I would wait for BTC to break down to set a lower low to begin to accumulate.
WaltonChain VS Bitcoin Approaching Key ResistanceAfter WaltonChain hit the low at 9475 satoshis, on the 29th of June, price started to move up slowly, and broke above the descending channel and the 50 Moving Average. Nevertheless, the consolidation started, where WTC/BTC managed to produce higher highs, and failed to go below the established low.
On a corrective move down, price did hit the 9700 satoshis, where it has rejected the 4/1 Gann Fan trendline, went up and yet again broke above the 50 Moving Average. Currently the MA is acting as the support, as well as the channel breakout level at 10744 satoshis.
If this support holds, WTC should go higher, towards the 38.2% Fibonacci resistance level, that is 12440 satoshis. This could be the key resistance for WaltonChain that would help to determine the destiny of the coin in the medium term.
Daily break and close above that resistance shoudl result in a trend reversal, for the medium and potentially long term. Although if the resistance is rejected, a consolation or a correctional move down is very likely.
On a downside, if price will close below 10744 level, WTC could decline down, to hit the 4/1 Gann Fan trendline. And, if it will be broken, the downtrend continuation could be the case.