Hi,
My thoughts about Waltonchain;
Overview
We can see the Candles bounced up at the strong support area (blue lines).
RSI broke out of its falling Wedge.
MACD seems to prepare a bullish cross.
Breaking the pink line could be used as confirmation of a new uptrend and a chance to buy in.
I drew two target areas.
Additional Information:
WTC will soon release Masternodes (Operational release: 28 February 2018).
Masternodecoins usually perform quite well and price actions around that date could bring the price wide above the ATH.
Updates will follow!
Dont forget:
- Watch your Risk management
- The current situation with Bitcoin -3.27% has an influence on all Altcoins, be aware of movements there
- DYOR
Thanks for reading
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.