Looks like it has started accumulating after a long downtrend that seems to be ending. I have mapped out minor and major EW. Looking at 100-200 percent in mid-long term.
Disclaimer: I don't know anything.
Firstly, BTC is king and sets the tone for the market, and I dont think were in the clear yet. Too many similarities (the fractals are remarkable) between November 2013 through 2014 to where we are today. I think we are where BTC was in late May of 2014 right now. That being said, enjoy alt season while it last.
WTC looks like it may break out in the 4-5 days....
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.
Walton Just Cross the triangle. Bull run already started!
Buy Between : 151.000 Sat To 160.000 Sat
Sell Target 1 @ 200.000 Sat
Sell Target 2 @ 240.000 Sat
Sell Target 3 @ 300.000 Sat
Sell Target 4 @ 400.000 Sat
Enjoy this big explosion next days weeks!
WTC hitting support on the 786
Been accumulating for a while
Indicators looking very nice
Entry should be made on a lower time frame. There will be a little pull back so dont miss your chance.
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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...
Lately, I've been pursuing only some formations (e.g. double top, double bottom, head&shoulders, etc.), but this idea is apart from formations or technical analysis.
This is purely market cycle idea.
There are 7 similarities in two different period of WTC. According to this cycle, ATH is soon, I'm buying this.
P.S. I feel like gambling when I invest without TA,...
WTC is finding a new strong resistance line. So if it holds it can get throw the uptrendchannel and get out of the correction from beginning of the year.
To get out of this next uptredchannel we will need some new big news.
Is is only my opinion and invest at your own risk.
Waltonchain- - seems like it can go up very fast got here both falling wedge resistance touch and support back from DEC.
target is next fib level for me.
can go further.
This is a simple TA on WTC
it broke out of the downtrend, now the box is the area of the consolidation and the accumulation for now. further big movements of btc can cause it to go lower but what we want to see now is growing volume to confirm the accumulation period. also will be interesting to see for the end of accumulation phase a break out to 0.5 fib and then...
To keep the description brief always consider this from your perspective
Trendline is being respected
Indicators are turning to favour volume
Previous structure gives confidence that this coin has room to grow to the line of resistance
After further confirmation of the trend there is a potential entry
Not financial advice just an idea - do you need to say this...
