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Em4rk
Mar 4, 2018 6:43 PM

WTC - Pumps incoming Long

Description

WTC have had some FUD lately, but is still solid pick to portfolio. Mainnet launch is later this month so timing with news works aswell.

Pennant is getting closer to breakout point which i expect to be around ~16k sat. If we get closer to 10k sat, we will see huge support from old resistances, which would be ideal spot to buy WTC.

RSI proves that WTC is oversold and by looking its recent history we should see some bullish movements.

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Breaking the trendline.

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More news coming before mainnet for sure. Targeting 380k sat, which we might reach before mainnet launch.

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0.786 retracement next.

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Comments
kitkat16
hi mate, thanks for the chart.
So this looks like wave 1 of 5? Do you see wave 5 at about $40-$45?
Thanks again
Em4rk
@kitkat16,yes. My target is around 380k sat = ~$40.
kitkat16
@Em4rk, great thankyou. Do you think we'll see this within the next few days?
Em4rk
@kitkat16, in a week or so.
kitkat16
@Em4rk, thanks again, following :)
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