Walton Chain (WTC): A Relief is Coming to This Correction
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.
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BTC is still in correction when it will bounce back
My view is around 4.000$:
Following the Bitcoin Trend, it not easy surviving without investment
Good update. thanks.
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.
OMG!😭Can't believe I won ! Thank you Walton team ! ❤️ keep doing the great work. 💪🏻💪🏻💪🏻🚀🚀🚀
What nonsensical reply is this!
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
nice post..
Hmmmm
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
OMG!😭Can't believe I won ! Thank you Walton team ! ❤️ keep doing the great work. 💪🏻💪🏻💪🏻🚀🚀🚀
Meanwhile, Origin Trail stayed strong and never dropped below 2x its ICO price.
Original Trail to Walton Chain: "are you feeling lucky, punk?"
You are aware that Walton still is up 25x from ICO price right?
Thanks for the update, @haejin.