- Depending on BTC's price a volatility, WTC fluctuations will vary.
- Bollinger Bands have widened, breakout expected, either bullish or bearish.
- RSI currently at 69.42, nearing overbought territory. If RSI surpasses 70, WTC becomes overbought.
- MACD showing new trend breakout, could be the formation of the handle.
Walton Cup&Handle? Sure looks like it, your thoughts?
- Bollinger Bands have widened, breakout expected, either bullish or bearish.
- RSI currently at 69.42, nearing overbought territory. If RSI surpasses 70, WTC becomes overbought.
- MACD showing new trend breakout, could be the formation of the handle.
Walton Cup&Handle? Sure looks like it, your thoughts?
Comment:
WALTON! Surpasses handle formation, expect further bullish trends, RSI moving closer to 70 range signaling WTC becoming overbought.
Comment:
Bollinger Bands widen even more, breakout is obvious, lets hope it remains Bullish before Bollinger bands narrow again.