Walton Chain WTC / USDT just bounced off the trendline on the 4 hr and daily chart .
It has been trading in this channel for a while. Might come back to retest.
If the trend line holds, targets would be 2.6, and than 3.5 areas.
Have a great day everyone! Happy trading :)
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
Break of the ascending triangle to come.
we are moving towards past resistances, which should be quickly overcome.
WTC has an interesting history of speed increases.
It will be easy to make a X2.
DYOR.
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 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.839400 to 1.383800). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.839400 to 1.383800). 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 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...
Technical analysis:
. WALTONCHAIN/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have...
Technical analysis:
. WALTONCHAIN/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. We have already opened 11 BUY trade(s) @ 7.120839...
