Waltonchain (WTC) In the purchase area. Work on a coin.

9 Mar 2020

Waltonchain (WTC) In the shopping area. If the price holds this support, which, after breaking down the wedge, acted as a launching pad for local pumps, then we are waiting for the formation of a reversal pattern of the main trend - a double bottom.

I will no longer describe everything in great detail in trading ideas, how it takes time, and I do it all for free.
The whole logic of work, important zones, levels, goals, stops, potential movements are shown on the chart.

WTC / BTC Falling Wedge. Wedge targets in the global. Trading idea for January 16th.

Sometimes I trade this coin, the profit from the last trading idea on this coin from the moment of breaking the wedge is + 27% and + 90% (3 Ross hooks in a row in a local uptrend). The logic of the work was partially shown in the update under trading ideas.





The line of the local uptrend has been broken.
The price has returned back to the purchase area.

17 Nis 2020

Not

26 Nis 2020

Not

Descending triangle. Soon there will be a denouement.

27 May 2020

Not

Support has been broken. There was no good entry point to the market.

27 May 2020

Not

5 Tem 2020

Not

+41%

10 Tem 2020

Not

A local uptrend is developing. An inverted head and shoulders formed. Work in trend

12 Tem 2020

Not

There is a breakdown of the resistance of this formation