SUMMARY
Walton Chain (WTC) has retraced about 0.88 Fibonacci level of the initial rise and that's been pretty typical of this correction. However, as it is also with so many coins, pattern, Elliott Waves, time and MACD indicator have been joing and perhaps pointing to a direction of breakout. The below chart shows a wxyxz wave sequence within a decliing wedge patern and it's either already complete or ready to be.
MACD is saying the same thing...a resolution is to happen. Given that selling pressure has been pretty much sapped across the Cryptosphere; regardless of what the cartels and maniuplators want; a relief is coming.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
BTC is still in correction when it will bounce back
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My view is around 4.000$:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Following the Bitcoin Trend, it not easy surviving without investment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good update. thanks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I somehow lost confidence in WTC since their last controversy, in which they were accused of scam. Remember that "Valentine day" prize give away controversy?
It was around 8th to 9th February, i think, when Waltonchain announced, pledging a share in 565 WTC, split between 214 winners, automatically for those who retweeted the official campaign tweet
That promotion ran until the 27th of February. until then, it appeared to be a fairly standard promotional scheme — until one of the “lucky winners” took to Waltonchain’s own Twitter account to celebrate their good fortune in sharing in the prize pool.
That stirred a controversy and accusations of scam. What followed then, of course, was plummeting of Walton Chain price amidst the controversy.
Outside other market factors, this loss of public confidence, is, in my opinion, the reason why Walton Chain continues to struggle.
Until that confidence is restored, i will find difficulty trusting Walton Chain.
Otherwise, thanks for your TA on it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
OMG!😭Can't believe I won ! Thank you Walton team ! ❤️ keep doing the great work. 💪🏻💪🏻💪🏻🚀🚀🚀
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What nonsensical reply is this!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's what the WaltonChain employee commented using the official WTC twitter account, after winning the rigged valentines day contest. In other words it's just a copy/pasta meme
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice post..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hmmmm
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wchain is going to be the future ethereum i am loving it since i bought it and have not seen any lose yet thank you @haejin for the post keep up the good work man
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
OMG!😭Can't believe I won ! Thank you Walton team ! ❤️ keep doing the great work. 💪🏻💪🏻💪🏻🚀🚀🚀
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Meanwhile, Origin Trail stayed strong and never dropped below 2x its ICO price.
Original Trail to Walton Chain: "are you feeling lucky, punk?"
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are aware that Walton still is up 25x from ICO price right?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the update, @haejin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great share !!! thanks for the analysis.This is what i bought coupleof days before!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Perfect call and timing. It broke out 3 hours after this post. Very nice call.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am interesting with your post@haejin.
incredible.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit