WTCBTC closed with a green doji yesterday and we have our indicators pointing to higher prices.
We have a falling wedge that is also breaking out bullish and a widening ascending channel.
I see new highs possible compared to September 16 after this recent higher low.
Today we are seeing the fourth consecutive day of bullish action which tends to happen before...
- EMA 34>55>200
- ELLIOTT: see chart; big rectangle is 1H = yellow = wave 4; 4H = blue and red = correction D
- DIVERGENCE: bull call (RSI 23/8 > RSI time of writing but price is UP)
SO NOW WHAT DO I DO?
- take some PROFIT @ 2150
- if it breaks 2250 I BUYmore
- STOP LOSS @ 1900
Walton is currently in a trend reversal
However may also pullback more from this price level (needs to break further resistances)
Just a bullish buy signal
What is Walton Crypto?
Waltonchain (WTC) is building an ecosystem that melds blockchain, RFID technology, and IoT (Internet of Things). The Walton team develops and produces Transaction ID-reading RFID...
#XTC is exactly at the ascending support line. if price head up from here and going to reach the descending resistance line it is 35% increase for price and if success to break it out, it is possible to break 2 resistance zone and touch 6700sats, which is 300% increase.
if price close below 1634sats (-14%) the bullish scenario will be dead as the coin.
It is time for the Altcoins to also shine...
Greetings, my beloved Cryptocurrency trader.
We look at Walton (WTCBTC) today.
Let's start with the weekly chart:
The lower trendline is there to show you the higher lows.
The upper trendline to show how far up prices can go.
I even mapped the targets for you, huge...
#WTC is one of coins that didn't grow during last bull run.
it is going to break the descending resistance in weekly time frame.
keep eye on it 👀
it has a great potential to increase and fly to the moon 🚀🚀
WTCBTC (Walton) has been consolidating for many months now and is ready for take-off.
Today it is moving above MA200 for the first time since March 2021 and this can lead to exponential growth.
Targets are mapped on the chart.
Here is another pair that looks ready to move according to the chart signals; remember, we are reading the charts.
What I marked here with a light blue square is the higher low.
The low was hit in January 2021 and the higher low in July 2021... This is a very strong bullish signal.
Right now prices moved back above EMA100 (blue line) and the projection is up...
Our setup on WTC\BTC
The setup on 4h TF was yesterday evening at the price of 0.00001698
Just a couple of hours later our trade move to the 12h TF coz our setup was activated for a 12h TF and since we are using multiple time frames for searching for entrys, we followed the trade on the 12h TF. The trade was updated, we had our TP at 0.000002063
The trade went...
Two scenarios that if price should move either i will take a long position.
Scenario 1 - Orange Arrow
Requirements: Price moves under the green line, reclaims green line and on a retest i buy
Target: Major Resistance level (orange line)
Scenario 2 - Blue Arrow
Requirements: Price hits on green line, generates Higher Swings and on a retest of the last generate...
BINANCE:WTCBTC looks ready for the next possible impulsive move up,
The pair formed ABC correction, and now formed higher low.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for...