WTCBTC
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.
$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
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.
WTCBTC (using Bitmex Cobra)
Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one.
Percent profitable: 80%
Profit Factor: 4.7
Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With Bitmex Cobra you get trading signals right on the chart which tells you when you should buy or short the market. With Bitmex Cobra you are always in full control of your trading no matter how the market moves.
Check the List of Trades Tab as well to see past trades.
P.s. Bitmex Cobra is an invite only script with 2 day free access!
There is a possibility for the beginning of uptrend in WTCBTC Technical analysis:
. WALTON/BITCOIN 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 46.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.00100 to 0.00080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00100)
Ending of entry zone (0.00080)
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= @ 0.00125
TP2= @ 0.00148
TP3= @ 0.00179
TP4= @ 0.00197
TP5= @ 0.00234
TP6= @ 0.00278
TP7= @ 0.00380
TP8= Free
There is a possibility for the beginning of uptrend in WTCBTC Technical analysis:
. WALTON/BITCOIN 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 46.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.00100 to 0.00080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00100)
Ending of entry zone (0.00080)
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= @ 0.00125
TP2= @ 0.00148
TP3= @ 0.00179
TP4= @ 0.00197
TP5= @ 0.00234
TP6= @ 0.00278
TP7= @ 0.00380
TP8= Free
WTC very bullish moodWaltonchain (WTC) has reached its bottom, reverse has happened and uptrend started. MACD (12,26) is in bullish state
The asset demonstrates the possibility of a good entrance. In the 4-hour timeframe indicators look positive: Stoch RSI intersects in a critical zone of Oversold state and is ready to move up, RSI also shows a possibility of continued growth. The price has already moved out of the newly formed uptrend channel and will go higher as the resistance was broken.
Signal was posted in the Premium at 14:47
Buy zone was 0.00115
Free target is 0.00124
WALTON WTCBTCI hope that we can go to 0.0016 before the bullish movement starting .
1. Target 0.0020
WTC +120 % profitHi guys , very difficult last 3 days :(
So I hope that with this deal you can make more than 100 % profit.
It's clear to understand the picture.If you have some questions don't hesitate ask me.
We can repeat the same scenario that we had between octobre 2017 and January 2018 .
We can start buy now (25 % ) and other 75 % when we going to break the line start from 01/28/2018.
Of course work all times with stop loss !
The best way to reward me is to give me a like ;)
Thanks for support.
Walton (WTC) Breakout (120%+ Profits Potential)Walton (WTC) trade analysis. We have an open trade for Waltonchain, available on Binance, here are the updated details.
Upcoming events:
-> Waltonchain (WTC) Kaltendin Implementation - 30 June.
-> Waltonchain (WTC) Ishijah Pilot Store - 30 June.
-> Waltonchain (WTC) Child-chain Prototype - 30 June.
Waltonchain (WTC) trade by Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.0015 - 0.0017
WTC Targets:
(1) 0.00188
(2) 0.00222
(3) 0.00250
(4) 0.00278
(5) 0.00317
(6) 0.00341
Stop-loss: 0.00121
Trade strategy: Buy & hold. Leave the rest to the market (hold and later sell for profits when we start to hit our targets).
Namaste.
WTCBTC - Lets Confirm A BreakoutPosting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are:
1. Above the 50 day MA (RED).
2. Above the 9 day EMA (Orange).
3. Above 50 RSI - Even better if Above 60 RSI .
4. Positive trend in MacD .
Coins already meet the parameters include ONT VEN BNB and EOS. ZIL will join them soon, as will WTC so long as the day candle closes above the 9 Day EMA.
The problem: Is WTC going to complete the Inverse H&S?
My prediction - Yes.
Why? WTC just made a nice push with the price breaking above both the 50 Day MA and 9 Day EMA. It is finding some resistance from 50% Fib retracement, but I do not expect this to hold up for long. Give it a day or two, and the rising 9 Day EMA should catch and push the price even higher. There is about to be a nice bullish cross of the 50 day MA and the 9 Day EMA which should at the least ensure a nice modest price movement for the next few days.
How to play it: If not already holding, the time to buy is as close to the 9 Day EMA as possible. The 9 Day EMA may be tested as support a number of times during the upcoming bullish run, so that should leave plenty of windows of opportunity. I myself bought in today. If risk adverse, then wait for a confirmed breakout of the RSI above 60 which is a strong indicator of a bullish trend. Stoploss will be tricky because WTC has not strictly followed the 9 Day EMA as support. During the bullish run preceding the ATH, WTC never pierced the 9 Day EMA. So maybe the fact that the last short bullish run saw the price jump back and forth day after day is a sign of a weak run. Target initially is the neckline of the inverse head and shoulder pattern, then if a breakout occurs the sky is the limit and reevaluation will be necessary.
Walton - How fast can it climb this time?!Looking at the daily chart for Walton, you can see that it has a history of climbing very fast and then consolidating for months until its next jump. The price action on Walton recently has started to round out and make its way upward. It just broke its overhead resistance and has a bullish crossover on the MACD. It may be time for takeoff! Waves 1 and 3 were roughly equivalent to ~6.7x in 2-3 weeks, so if wave 5 acts similarly, we could reach .01BTC which is is pretty crazy. So without further ado, I am going to end this so I can get some while it's cheap!
WTCBTC Signals Introduction
Waltonchain
Based on the blockchain, Waltonchain resorts to RFID technology to promote blockchain from the Internet to the Internet of Things to realize the concept of Value Internet of Things so as to create an authentic, traceable and data-fully shared, completely transparent business model. The purpose is to build a public chain of commercial ecology at the bottom of the chain. On this chain, merchants can build various sub-chains according to their own needs. The main characteristics of business ecosystem for all the data (including property ownership data, commodity flow data, etc.) are authentic, tamper-resistant, with a timestamp, so will be able to build a truly reliable business ecosystem.
Technical Analysis
Since the bitcoin 0.58% is moving all alts are pumping and also WTC looking really strong MA 20, 50 Are crossing which means a bull trend is coming what i think that it will form a Cup & Handle pattern as there is strong resistance on top. it will good entry to buy now and hold and if it test the region by more there. Maintain Proper money management. Thanks guys for looking into it don't forget to leave a like and follow me
Indicators
1. Bullish MACD on daily
2. Pretty Good On Ichimoku
3. MA Cross
Conclusion
Overall WTC is looking ready for a nice bull run. 50% - 90% Profit expected.
Thank You
WaltonChain VS Bitcoin ReversalWaltonChain has corrected down to 12k satoshis after hitting an all-time high at 38k satoshis. The correction down resulted in almost 70% loss against the Bitcoin where price rejected the uptrend trendline and RSI formed a bullish divergence.
Since April WTC/BTC has been slowly rising and reached 19k satoshi, while on a corrective wave down it found the support at the uptrend trendline yet again. At the same time the RSI continues to produce higher highs and higher lows, rejecting the uptrend trendline. Seems like WaltonChain is getting ready to move up and potentially could produce a double top near 38k satoshis area.
On a downside, daily break and close below 13.6k satoshis recent low, would invalidate bullish outlook and could extend the consolidation.
$WTC BTC - Catching the third wave 50% gain 1:7 risk/rewardGood day traders,
We have a valid wave (i) and (ii) that retrace about .786, then we have another leading diagonal i and a ii that retraces .786 again. Quite a standard EW trade set up for the third wave. However we're currently trading below the 800H MA so caution is definitely needed. In this market, we’ll have to wait for solid confirmation prior to making a trade. Although I strongly believe in the direction of WTC, there is still room for correction so let’s wait until we are confirmed above both the 400H and 800H MA before we doing anything.
Entries above 400H MA or .0016
Stop: below .0015
Target: .002425
Risk / reward ratio: 1:7
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
WTCBTC: bullish scenarioIn purple: downtrend line
In blue: support areas
After its broke, I aplied Elliots wave theory. We should currently be in wave 2 heading to 0.236-0.382 of fibo. We also have 50D and 200D SMA floating on our support levels, givins us this blue box as a support and buyzone for wave 3.
Target: 0.022-0.024, around 55-60% profit
Candle closed below 0.00138 invalidates Elliots theory, and next support would be 0.0012.
WTC to come down to be in a good spot for a buyReasons for WTC coming down
Bearish MACD
Elliot wave count
Bearish RSI
Current ABC pattern forming a bullish triangle
I think WTC is looking good in the long run it is in a good position for a big wave up aiming for the 0.618 retracement on the fib to start stacking some buys around $0.88c
Looking like it will be a breakout if it breaks the upper most trend line could be around 3 to 6 weeks rough guess
This isn't advice this is me thinking out loud don't listen to it :)
Walton - Great buy at the bottom of its channelHey folks! Taking a quick look at Walton's 1hr chart, you can see that Walton has moved to the bottom of this upward channel its been moving within for the last couple weeks. Every previous time it hit the bottom of the channel or hit oversold on the RSI, it had a very nice bounce. I will be getting some here as I think it is a steal. It's also one of the few alts that has yet to really take off. I love this project and think it has a lot of potential in the short-term (within the next month or two).