. Walton/Binance Coin 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 52.
. There is a possibility of temporary retracement to suggested support zone (0.3000 to 0.2100). if so, traders can set orders based on Price...
If you enter with proper entry from recent dead cat bounce, $WTC must've gave you at least a 2Xs or 100%+.
No doubt Walton Chain is one among many great token projects until this day, with only 70 mils total supply and 40 mils ciculating supply $WTC aim to be useful in commercial use. For example last partnership with Dongdaemun Fashion Town Tourism Zone...
Reasons for WTC coming down
Elliot wave count
Current ABC pattern forming a bullish triangle
I think WTC is looking good in the long run it is in a good position for a big wave up aiming for the 0.618 retracement on the fib to start stacking some buys around $0.88c
Looking like it will be a breakout if it breaks the upper most trend...