WaltonChain continues to trade upwards while producing higher highs and higher lows. Now WTC/USD is going through a healthy correction down after hitting the high at $18.8. The current support can be seen around $14 area which previously has acted as a resistance. The support is confirmed by the upper trendline of the descending channel, 50 Moving Average as well...
WaltonChain 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...
In 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...
Waltonchain (WTCBTC) broke out of the consolidation on Thursday. If price falls down to the support level around 0.0017, we can expect another reaction to the upside. If price breaks the resistance around 0.002 it will likely continue up to the next resistance around 0.0025. Once price reaches the resistance level around 0.0025, it's reasonable to expect a...
Waltonchain (WTC). A very strong altcoin with great trading volume is preparing for a new run. I received a message telling me about a breakout. I see that Walton (WTC) did breakout on the 4 hours chart but this breakout is yet to be confirmed on the longer time frame, but the fact that you are reading this, means that they are enough strong, positive and bullish...
Tried three times to push past the Fib with no luck. Setting up some buy orders to add to my bag in that Blue box.
Update of my previous chart, $WTC still probing resistance and setting higher lows on the hourly chart.
Technical analysis: WALTONCHAIN/BITCOIN is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 43. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested support zone...
Walton looks like a solid project long term. 555% minimum price increase target. Good luck.
Before anything I have to say that a loss of the 4H higher low will invalidate this entire set up. However if we hold the higher low pattern we should see major continuation to the upside. I am not entering a position until the double top/Fib level is broken with convincing volume. Targets are the yellow boxes. 1/3 each sold at both of the boxes and the rest I...
Same pattern as can be seen accross many alts at the moment
Technical analysis: WALTONCHAIN/DOLLAR is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 36. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *Price is in the Buy Zone (10.89 to 08.47), we would set orders based on...
BINANCE:WTCBTC its time for my sweety again.. last price range was my entry + close position.. AO looks good and will possibly break out at my favorite month in the year.
BINANCE:WTCBTC is coming to the apex of the descending triangle which found support at the 61.8 @ 0.0013319 sat level. RSI is rising with the MACD heading towards bullish. Strong resistance with the 50/200 EMA just at the downward resistance. If resistance is broken expect a big upward movement towards the 0.0015 sat level. If supports fails look to the 0.0012128...
Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 17th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 13.63% PROFIT!!! The increase in price may also be explained by positive developments including: 1. Rumours that Waltonchain Officially Listed as Alibaba IoT Industry...
Buy blue, sell green, stop red. Could be falling wedge or it could be symmetrical triangle. Either way, both signs point bullish.