WCT is it the dragon? Could this be a dragon structure o.mn Wallet Connect Toke? Good divergence on the rsi. Pray for a big tail!
WCT - BULLISHThe WCT/USDT pair is showing a strong bullish structure despite being a relatively new listing. After a period of consolidation within a descending wedge pattern, price action has successfully broken above the wedge resistance, indicating a potential reversal to the upside.
Key Technical Observatio
$WCT Breakdown Loading...?? Bears Eyeing Blood Below ??⚠️ Risk Level: Elevated (wider SL zone, larger volatility exposure)
BINANCE:WCTUSDT.P
Technical Breakdown:
The price is currently consolidating just below a major resistance zone (red box), which acting as a supply zone. The most recent strong rejection wick above this zone shows clear seller
Breakdown Alert $WCT/USDT (4H) risks breaking $0.371 support. Short below $0.37, SL: $0.38, TP: $0.315/$0.285. Bearish if daily close confirms.
WalletConnect possible bounce upwardswe are currently sitting on support trend-line which must hold, possible bounce may occur. If you are green wicks enjoyer, then now might by good time to watch this one.
Not a financial advice, just a TA enthusiast talking nonsense on internet.
Trendline Bounce Potential $WCT/USDT (Daily) tests ascending trendline at $0.33. Buy at $0.335, SL: $0.32, TP: $0.36/$0.396. Bullish if volume rises.
WCT TrendWill WCT break 0.54 price to show a clear upwards trend? Price won't likely dip past 0.2 - price for early investors?
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy