Break of the ascending triangle to come.
we are moving towards past resistances, which should be quickly overcome.
WTC has an interesting history of speed increases.
It will be easy to make a X2.
DYOR.
WTC/BTC
-strong breakout
-good fundamentals
-RSI hitting 90 level
-potential pullback zone at 433 sats
-strong sell area at 535 sats
-please do not buy the FOMO up
-wait for a pullback at immediate support levels
WTC/BTC
WTC broke outside the trendline resistance and the RSI has painted a bullish divergence that signals a weakening bearish momentum.
If this will be the temporary bottom, we could expect the price to rally up to 570 sats area and have our stop-loss below 320 sats.
$WTC huge breakout of the falling wedge! Three white soldiers!
If the breakout is legit and the advance continues ( which is very possible in alts current state) there are another +50% until 200MA on 1D!
WTC/BTC
WTC broke the key trend-line resistance but immediately rejected by the 50D MA.
No red flags yet as the price is still holding above key support area around 500 - 450 sats.
I'm WTC can't break through 50MA, a little pullback to key areas would be helpful to continue its potential uptrend in the coming weeks.
Walton 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...
Waltonchain / Bitcoin formed bullish Butterfly pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0000769 to 0.0000744
Sell between: 0.0000789 to 0.0000837
Regards,
Atif Akbar (moon333)
The truth about trading is as simple as knowing when you wanted to make entry and where is the level to get out. Plus, preparing for something unexpected with money management and controlling your emotion. I've been learning about this and still learning a lot even until today.
Less talk about fundamental of trading and apply it on Walton Chain.
Remember when...
Walton is one of my favorite alts at the moment. The 50MA just crossed the 200MA (Golden Cross) and the daily MACD is showing a bullish cross over the signal line. I'll be looking for WTC to make some big jumps in the coming days.
Looking at the daily chart for WTC, I can help but get excited. It has nearly completed a large falling wedge pattern and is about to cross the zero line. This is a great buy in my book. I'm buying here and hodling.
