Position Long - Nice targets to comeHello guys,
Moving average indicators : crossbullish.
MACD : crossbullish.
Green candles volume are going back.
WaltonChain has good fundamental, with a Q3/Q4 2020 roadmap updated.
Long position.
Targets:
T1 : 771
T2 : 2007
T3 : 2871
Waltonusd
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis:
. Walton/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.644 to 1.281). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.644)
Ending of entry zone (1.281)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 2.522
TP2= @ 3.315
TP3= @ 5.105
TP4= @ 6.34
TP5= @ 7.63
TP6= @ 10.05
TP7= @ 11.80
TP8= @ 18.58
TP9= Free
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis:
. Walton/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.644 to 1.281). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.644)
Ending of entry zone (1.281)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 2.522
TP2= @ 3.315
TP3= @ 5.105
TP4= @ 6.34
TP5= @ 7.63
TP6= @ 10.05
TP7= @ 11.80
TP8= @ 18.58
TP9= Free
A trading opportunity to buy in WTCUSDTechnical analysis:
. Walton/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.839400 to 1.383800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.839400)
Ending of entry zone (1.383800)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 2.721600
TP2= @ 3.505300
TP3= @ 5.105280
TP4= @ 6.346210
TP5= @ 7.629800
TP6= @ 10.05280
TP7= @ 11.80870
TP8= @ 18.58420
TP9= @ 29.54300
TP10= Free
A trading opportunity to buy in WTCUSDTechnical analysis:
. Walton/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.839400 to 1.383800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.839400)
Ending of entry zone (1.383800)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 2.721600
TP2= @ 3.505300
TP3= @ 5.105280
TP4= @ 6.346210
TP5= @ 7.629800
TP6= @ 10.05280
TP7= @ 11.80870
TP8= @ 18.58420
TP9= @ 29.54300
TP10= Free
There is a possibility for the beginning of an uptrend in WTCUSDTechnical analysis:
. WALTON/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (3.067200 to 1.817900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (3.067200)
Ending of entry zone (1.817900)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 5.105280
TP2= @ 6.346210
TP3= @ 7.934270
TP4= @ 10.052800
TP5= @ 11.698000
TP6= @ 14.732200
TP7= @ 17.794500
TP8= @ 22.121000
TP9= @ 27.661900
TP10= @ 42.177100
TP11= Free
