PattyMcPat

Walton Chain LONG Idea

BINANCE:WTCBTC   Walton / Bitcoin
I am sharing my first idea which is mostly based on FUNDAMENTAL analysis , rather than chart analysis. I coupled it a bit with TA.

This coin, trading on binance, has had an incredibly hype which endured several FUD phases that got proven wrong over and over:
-1st FUD Wave : ICO             scam, badly written white paper in english
-2 : Chinese government ICO             bans
-3 : Delay in product : No product will be delivered
-4 : Bad wallet design, incompetent team

Walton team has shown a lot of professional resiliency towards this FUD and has managed to be incredibly efficient:
- Leader in RFID blockchain technology, has huge advantages and timeframe lead over its competitors
- Working product ready
- Many partnerships
- Low circulating supplies as Walton has a masternode system, where you get transaction dividends for 5000 tokens locked.

Walton Chain is a sleeping giant waiting to explode, as we have seen with the recent Guardian Master Nodes that took the price from 4 dollars to 15 dollars in a very short time.

This coin is at its lowest support, and whales are accumulating. February is the date that their main chain will be released, and this will drive the price up in such a crazy way, that I can't even chart or predict targets.
You can wait for the dip, but as we can see on the chart, Walton has hit a very solid support and looks for a breakout soon.
Comment: For a shorter trade :

Buy in : 0.00078 - 0.0008200

First target : 0.0001050
Comment: AMA was dissapointing. Some people will sell their position. I strongly believe that in february this will take off. Like I said, hold and accumulate if possible. You can probably short WTC, the more WTC you have, the better. This is a sleeping giant
Comment: Damn sons.
Comment: Wait for a Walton correction
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out