Labrinth

Walton Ramping Up

Long
BINANCE:WTCBTC   None
So far it resembles an A&E, but according to books it isn't perfect or very likely isn't even a A&E bottom. Nonetheless, WTC seems to be ramping up. A break and confirmation above 6,9k or 7,9k Sats would make me really bullish. Bearish or neutral if we go below 4,7k again.

+ 1D RSI is above the bearish zone and closer to the bullish area
+ smaller TFs show that most of high volume was on green/white candles
+ 1D is above 55 EMA(blue line) (but the last daily closed as a shooting star or iHammer whatever)

- both Stochs on 1D point to more possible downside, hope 55EMA holds as support
- last daily close, 30th Oct, more bearish than bullish
- bear div on the 12h

Idées en relation

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