Technical analysis. Walton/Dollar is in a range bound and the beginning of uptrend is expected.. The price is below the Day WEMA which acts as a dynamic resistance.. The RSI is at While the RSI downtrend is not broken, bearish wave in price would continue. Trading suggestion. Technical analysis: Walton/Bitcoin is in a range bound and the beginning of uptrend is expected. The price is below the Day WEMA which acts as a dynamic resistance. The RSI is at The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. TradingView. Sign In. Walton could be setting up for a longer-term bull run! On the Daily (marked with the 2 red circles on the chart): The Tenkan(Yellow line) has broken above the Kijun (Dark Blue line) which is a bullish sign. Now WTC/BTC is making fallen wadge (mid term hodl coin 3 month) buyer range under sat target.
Walton btc tradingviewWalton — TradingView
Technical analysis:. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:. There is still a possibility WTC is overbought on most timeframes and stalled at resistance and the 1. Wait for a pullback to maybe the. Note that all the preceding waves have reversed at the. Looks like it will go higher now. Looking to first target at the 2. Bounce off RSI This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants. During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Looking like alts could be testing ATH sometime soon.
Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot.
This is despite whatever excuse for why that cannot happen now. This is This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. We are down-trending since Jan , after the breakout of the second resistance line we started a sideways pattern But that also can be a rounded bottom We can test a long position above 0.
Hello guys, Moving average indicators : crossbullish. MACD : crossbullish. Green candles volume are going back. Long position. Targets: T1 : T2 : T3 : WTC is at the important support zone of uptrend and we should wait for the decision to buy WTC or not. If you want to buy now, you should prepare for the worst scenario If WTC doesn't fall out of the sts, it could fully rise above sts by Mid July.
Walton could be setting up for a longer-term bull run! On the Daily marked with the 2 red circles on the chart : -The Tenkan Yellow line has broken above the Kijun Dark Blue line which is a bullish sign.