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[WTCBTC](340% - 1210% PP) Waltonchain Chart Analysis

BINANCE:WTCBTC   Walton / Bitcoin
Waltonchain ( WTC ) Overview

Waltonchain combines blockchain with IoT (specifically RFID) to create a management system for supply chains. The project is named after Charlie Walton, the inventor of RFID technology and a pioneer in the space.


Waltonchain ( WTCBTC ) Chart Analysis

3 Days (3D Time Frame) Chart: 
  • Here we can see Waltonchain ( WTCBTC ) long term.
  • On the left side of the chart, we can see WTCBTC's bull run which ended in late January 2018.
  • After this bull run, WTCBTC has been in a bear market, removing all gains plus some, until it finally reached early September 2017 prices, marked with a yellow circle.
  • As this support level is hit, signals start to develop signaling possible upcoming bullish action... Let's take a look.
  • We have increasing volume ... You can see a red dotted line on the volume bars, below the main chart. Volume started to increase after 14th August, when the first low was hit.
  • We have bullish divergence on both RSI and MACD , already in play, prices starting to move up after the divergence.
  • Now trading above EMA10. WTCBTC Should move positive soon.
  • This will be a very low risk, high reward trade... This is a bottomed out altcoin.
  • Let's trade!

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