Walton (WTCBTC) is breaking out of a huge falling wedge that started with the April 2019 price peak... We are starting to see some early signals of bullish action developing.
I am seeing strong bullish divergence showing up on both the MACD and RSI.
Remember that this signal is stronger when it shows up on both indicators.
EMA10 has been broken on the daily...
in dip that's enough for this shit to pump it can pump like PIVX coin
also horizontal breakout ( now price is 916 , 915 buy here )
buy 900 - 916
stop : 7% (only 9% up from low haha)
target : 5% to moon ( can pump like pivx 50% to 70%)
Waltonchain has been on a decline for over a year but recently the RSI has been increasing while price has been declining over the same period.
Waltonchain just broke it's weekly support level with increasing volume into the close.
If WTC closes above 1166 in the coming days we can possibly see a potential reversal in the structure.
Next Major resistance would...