Long
WTC/BTC Cup&Handle - 1/17/18
- Depending on BTC's price a volatility, WTC fluctuations will vary.
- Bollinger Bands have widened, breakout expected, either bullish or bearish.
- RSI currently at 69.42, nearing overbought territory. If RSI surpasses 70, WTC becomes overbought.
- MACD showing new trend breakout, could be the formation of the handle.
Walton Cup&Handle? Sure looks like it, your thoughts?
- Bollinger Bands have widened, breakout expected, either bullish or bearish.
- RSI currently at 69.42, nearing overbought territory. If RSI surpasses 70, WTC becomes overbought.
- MACD showing new trend breakout, could be the formation of the handle.
Walton Cup&Handle? Sure looks like it, your thoughts?
Note
WALTON! Surpasses handle formation, expect further bullish trends, RSI moving closer to 70 range signaling WTC becoming overbought.Note
Bollinger Bands widen even more, breakout is obvious, lets hope it remains Bullish before Bollinger bands narrow again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.