trader_se

Waltonchain - WTCBTC - 1

BINANCE:WTCBTC   Walton / Bitcoin
Hi,

My thoughts about Waltonchain;

Overview
We can see the Candles bounced up at the strong support area (blue lines).
RSI broke out of its falling Wedge .
MACD seems to prepare a bullish cross.

Breaking the pink line could be used as confirmation of a new uptrend and a chance to buy in.

I drew two target areas.

Additional Information:
WTC will soon release Masternodes (Operational release: 28 February 2018).
Masternodecoins usually perform quite well and price actions around that date could bring the price wide above the ATH .

Updates will follow!

Dont forget:
- Watch your Risk management
- The current situation with Bitcoin -3.27% has an influence on all Altcoins, be aware of movements there
- DYOR

Thanks for reading

Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Comment: WTC crossed upper pink trendline. We still have to wait if it stays above
Comment: WTC kept staying between the trendlines and reached a point where a strong movement will come - while i expect a movement up its always important to wait for confirmation before buying in
Order cancelled: WTC broke downwards
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