We can see in the 4H and 1H chart that RSI and MACD seems bullish . In the RSI just crossing the 50.
In the 1D chart we can see that we have a lot of room to grow for this coin.
On the other hand we can see that walton is in an uptrending channel. So a good entry point is to wait the bounce on that channel near the price 0.0015545.
So the first target can be the above resistance made with the channel near the 0.0017700 price, making a good 13% profit to begin. And if we break this resistance we can go easily to 0.002+. making a huge profit with this coin.
Put stop loss 5% under the support line where it bounce.
Thats not a financial advice. Its only for particular purpose.
In the 1D chart we can see that we have a lot of room to grow for this coin.
On the other hand we can see that walton is in an uptrending channel. So a good entry point is to wait the bounce on that channel near the price 0.0015545.
So the first target can be the above resistance made with the channel near the 0.0017700 price, making a good 13% profit to begin. And if we break this resistance we can go easily to 0.002+. making a huge profit with this coin.
Put stop loss 5% under the support line where it bounce.
Thats not a financial advice. Its only for particular purpose.
Trade active:
It bounced on the support of the channel. Buy order active. Big Confirmation Candle. Lets go up. Next target....some profit.
Comment:
You can see in this image we have recvered a little bit. WTC was in a downtrend verge thanks to BTC and it brokes upwards. Now WTC is gaining volume slowly and is trying to break the line of the old channel. This line acts now as a resistance, its only matter of time to break it and going towards the 0.0018+.
You can see in this image we have recvered a little bit. WTC was in a downtrend verge thanks to BTC and it brokes upwards. Now WTC is gaining volume slowly and is trying to break the line of the old channel. This line acts now as a resistance, its only matter of time to break it and going towards the 0.0018+.
Comment:
OK. BTC did it again. We just breackout the channel when BTC comes again.
Now thank that we have another channel just under the old one. It just bounced from the support. First stop 16240.
This trade is taking more than I expected.
Now thank that we have another channel just under the old one. It just bounced from the support. First stop 16240.
This trade is taking more than I expected.
Comment:
Trade closed manually:
We are in an other chart pattern so I will close this trade and observe the new patter and see if its good to get in.
Nice weekend