alanmasters

60%+ Mapped For Walton (WTCBTC)

BINANCE:WTCBTC   Walton / Bitcoin
Here is another pair that is setting itself up for higher prices.

This one has the RSI above 50 while prices are really low...
Right now this might seem very common and unimportant because all the coins are showing a relatively strong RSI . But if you look a few months back, the RSI was lower even with higher prices.

A strong RSI when prices are this low, can support any bullish signal coming from the chart.

And the bullish signals here start mainly with the higher low.
Prices moving above EMA10, EMA21, and the entire altcoins market fighting to enter a new wave of bullish growth.

Here I am mapping over 60% potential profits for the next jump.

Conditions for change
This analysis becomes invalid if prices break and close below the last low at 0.00000166.

Thanks a lot for reading.

Namaste.
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Comments

nice technical setup! 🧨👍🏻🦐🔥
Reply
Thank you very much
Reply
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