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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 ...
hey traders. here is WTCBTC chart analysis. buy in green rectangle and set at blue line.
but keep on eye open if the price break the main trendline(thick black line)
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 ...
Bounce off RSI 50. first target 0.0037015
Walton ended with correction. Now in good position to go up on wave 3 with nice 107% potencial.
Entering point allready made at about 21800 satoshis.
10 days pic range view is looking good. Now on the way to the point 4 then back up with last 3ed wave.