WTC ANALYSIS (Daily)
WTC seems to have broken out from a long term descending triangle.
I have not been up to date with fundamental news from this coin, so I have no idea at this stage what is happening behind the scene - this is purely a T.A. that was requested from a follower.
MACD appears to be in a good place
RSI looks ok
Weis indicator suggests WTC is a buy with positive volume building
Currently we are in an ascending triangle which appears to be bullish.
Our highs are getting a fraction higher in every wave - their appears to be some sort of resistance that is being tested but it appears to be edging forward each high.
We seem to have found a new support line.
My suggestion would be to analyse WTC fundamentally, and try and find out when an announcement, prototype, partnership might be occuring. This will building momentum and volume in which WTC will soar.
I have not been up to date with fundamental news from this coin, so I have no idea at this stage what is happening behind the scene - this is purely a T.A. that was requested from a follower.
MACD appears to be in a good place
RSI looks ok
Weis indicator suggests WTC is a buy with positive volume building
Currently we are in an ascending triangle which appears to be bullish.
Our highs are getting a fraction higher in every wave - their appears to be some sort of resistance that is being tested but it appears to be edging forward each high.
We seem to have found a new support line.
My suggestion would be to analyse WTC fundamentally, and try and find out when an announcement, prototype, partnership might be occuring. This will building momentum and volume in which WTC will soar.
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