TradingView
Phoenix-Venture-Capital
Oct 12, 2019 12:10 AM

158% + Gain- Potential Short/Medium Term $WTC  Long

Description

Waltonchain has been on a decline for over a year but recently the RSI has been increasing while price has been declining over the same period.
Waltonchain just broke it's weekly support level with increasing volume into the close.
If WTC closes above 1166 in the coming days we can possibly see a potential reversal in the structure.
Next Major resistance would be 2495 giving 158% gain
More