WTC Finally Has Done Breakout in Daily Time Frame and looking very bullish.
1D Trend line resistance and Triangle has been Brocken and now expected a big pump.
Chart explains everything.
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Technical, it looks like an bomb to explode, and moneymakers has...
#XTC is exactly at the ascending support line. if price head up from here and going to reach the descending resistance line it is 35% increase for price and if success to break it out, it is possible to break 2 resistance zone and touch 6700sats, which is 300% increase.
if price close below 1634sats (-14%) the bullish scenario will be dead as the coin.
WTCBTC closed with a green doji yesterday and we have our indicators pointing to higher prices.
We have a falling wedge that is also breaking out bullish and a widening ascending channel.
I see new highs possible compared to September 16 after this recent higher low.
Today we are seeing the fourth consecutive day of bullish action which tends to happen before...
#WTC is one of coins that didn't grow during last bull run.
it is going to break the descending resistance in weekly time frame.
keep eye on it 👀
it has a great potential to increase and fly to the moon 🚀🚀
Here is another pair that looks ready to move according to the chart signals; remember, we are reading the charts.
What I marked here with a light blue square is the higher low.
The low was hit in January 2021 and the higher low in July 2021... This is a very strong bullish signal.
Right now prices moved back above EMA100 (blue line) and the projection is up...
Two scenarios that if price should move either i will take a long position.
Scenario 1 - Orange Arrow
Requirements: Price moves under the green line, reclaims green line and on a retest i buy
Target: Major Resistance level (orange line)
Scenario 2 - Blue Arrow
Requirements: Price hits on green line, generates Higher Swings and on a retest of the last generate...
BINANCE:WTCBTC looks ready for the next possible impulsive move up,
The pair formed ABC correction, and now formed higher low.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for...
This is a personal research and idea for investment. DYOR and TIT...
This is WaltonChain $WTC coin against BTC pair on a daily chart.
Rounded Bottom (RB)
Parabolic Curve Theory (PCT)
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun Blue/Yellow lines)
Sats . (Satoshis)
This is a mid-term pattern that probably will develop...
This ancient low market cap of 50M Alt since 2018 is about to breakout from the 50D EMA.
Entry point is 3100, and exit targets are 3400, 3900, 4650 and 5700 sats.
What do you think of my trade? Feel free to share yours.