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WTCUSD

Walton - Inverse Head and Shoulders, Target Gains ~60% I like this setup for Walton on the 4H time frame. We can see the price action has been making moves in July. It broke through the orange descending channel two weeks ago. It continued on to break the neckline, and has since confirmed it as support. I think this is a great second chance opportunity to enter long. We have a bullish cross on the MACD , which remains in bullish territory above the zeroline. I have two targets as indicated on the chart. I will be watching the price action, but my plan secure some profit at the IHS target around 650 and let the rest ride. Hopefully some FOMO buyers will push the price to my second target.
WLong
by jpbrown1023
WTC - Walton Ready For A Big Bounce Off SupportWalton is looking very bullish after bouncing off support. I see that the Daily MACD also looks good as it approaches the zero line. I think that WTC has huge potential to grow against BTC here, especially if its MACD moves into bullish territory above the zero line. Just buy and HODL. My target is the resistance trend at the top of this pink falling wedge I have outlined. It could be a very lucrative return before the year's end. Look for a breakout beyond the yellow trend which is currently acting as resistance. That would be a good buy signal to ride the wave up.
WLong
by jpbrown1023
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis: . Walton/US Dollar 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 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (1.644 to 1.281). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.644) Ending of entry zone (1.281) 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= @ 2.522 TP2= @ 3.315 TP3= @ 5.105 TP4= @ 6.34 TP5= @ 7.63 TP6= @ 10.05 TP7= @ 11.80 TP8= @ 18.58 TP9= Free
WLong
by ForecastCity
2
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis: . Walton/US Dollar 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 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (1.644 to 1.281). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.644) Ending of entry zone (1.281) 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= @ 2.522 TP2= @ 3.315 TP3= @ 5.105 TP4= @ 6.34 TP5= @ 7.63 TP6= @ 10.05 TP7= @ 11.80 TP8= @ 18.58 TP9= Free
WLong
by ForecastCity
4