Long
Walton Watch (WTCBTC)
Updated
WTCBTC has been in a continuous downtrend since testing the weekly level at 0.0002850
Levels I'm looking at for entry:
0.0001714 - First test of downtrend resistance since the start of the move down. If we can close above here would be a good sign of reversal and we can start testing 0.0001806 resistance and beyond.
0.0001485 - If move up fails. This is an untested support level from the big move up, would look for a bounce here.
Levels I'm looking at for entry:
0.0001714 - First test of downtrend resistance since the start of the move down. If we can close above here would be a good sign of reversal and we can start testing 0.0001806 resistance and beyond.
0.0001485 - If move up fails. This is an untested support level from the big move up, would look for a bounce here.
Note
Quick update. We closed above 0.0001714, however failed to touch our first target and test the next downtrend. Price is continuing to hold around 0.0001700. Need to hold above 0.0001645 to maintain uptrend, will continue monitoring.
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