Hello guys,
Moving average indicators : crossbullish.
MACD : crossbullish.
Green candles volume are going back.
WaltonChain has good fundamental, with a Q3/Q4 2020 roadmap updated.
Long position.
Targets:
T1 : 771
T2 : 2007
T3 : 2871
Technical analysis:
. Walton/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.644 to 1.281). if so, traders can set orders based on Price...
Technical analysis:
. Walton/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.644 to 1.281). if so, traders can set orders based on Price...
Technical analysis:
. Walton/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested...
Technical analysis:
. Walton/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested...
Technical analysis:
. WALTON/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
