AlanSantana

Walton Falling Wedge & Bullish Divergence | 500%+ Ahead!

Long
BINANCE:WTCBTC   None
Walton (WTCBTC) is breaking out of a huge falling wedge that started with the April 2019 price peak... We are starting to see some early signals of bullish action developing.

I am seeing strong bullish divergence showing up on both the MACD and RSI.
Remember that this signal is stronger when it shows up on both indicators.

  • EMA10 has been broken on the daily timeframe, here we are looking at 2D (2 days or 48 hours per candle) and EMA10 is being challenged as I write this.
  • Trading volume is starting to increase and will produce the biggest volume bar since June... Buyers are coming in.

Additional details are shared on the chart.

Note: Walton (WTCBTC) can continue falling. If you decide to trade remember to always have a plan and use a stop-loss. If the daily/weekly candle closes below 0.00000774, the above signals become invalid and WTCBTC can easily move lower. Trading above this level keeps the bullish potential.

Thanks a lot for reading.

Namaste.

🔥 New Pricing: Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)

🔝 Altcoins & Bitcoin Charts! (Special offers & discounts)
t.me/alansantana1111

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

Powiązane pomysły

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.