Trade Call - WTC COIN
What is waltonchain ?
Waltonchain aims to use blockchain and RFID technology to store information about products( mainly focused on clothing industry)
Reason for entering the trade
Fundamental reasoning
- IOS wallet launch in may
- PoW mining will be introduced
Technical reason
- It broke the bull flag earlier
- Following a 3 wave pattern
- MACD is bullish as well.
Trade strategy
We Will keep it safe a safe buy and wait for a break out here.
We would like to keep our buys at
190-192k satoshi range.
So there is no rush to jump in we wait till the price comes up to this level.
Targets
Targets would be as follows
1- 210k satoshi
2- 230k satoshi
3- 250k satoshi
4- 280k satoshi
5-320k satoshi
Expecting first 3 targets to be done within 15-20 days( depending on BTC price movements)
Stop loss would be around 150k range.