I like this position Walton finds itself in. Looking at the 4-hour chart, Walton has made some nice gains the past couple days and is showing a bullish
continuation as it catches support on previous resistance. I haven't committed to this trade because I think BTC
is at a key level and could affect WTCBTC's price action with its volatility
. But I'll be watching for a confirmed breakout beyond .0000425 with some volume
. A BTCUSD
breakdown could knock Walton down to the orange support level
which is about a 10% discount. And if you're like me sitting at USD, the discount will be even bigger. Let's see how things play out.