Walton/Bitcoin 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 42.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
There is a...
. WALTON/BITCOIN 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 price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
. There is still a possibility of...
WTC is overbought on most timeframes and stalled at resistance and the 1.618 fibb level. Wait for a pullback to maybe the .618 fibb at ~15700 or .786 fibb at ~14900 if you're looking to get in. Note that all the preceding waves have reversed at the .786 fibb levels.
Looks like it will go higher now. Looking to 22000 first target at the 2.618 fibb from the...