WTC currently trending in horizontal channel.
It should follow the entry trend and break this pattern to the downside... but let's see if this will be the case this time. The weekly Stoch RSI is still bearish so lower price levels for WTC won't surprise us.
We will be following Waltonchain closely.
Just as expected BTC topped out at the $8k level (we tweeted that signal 3 days ago).
20% retracement is a good play but there are signs (on the daily timeframe) indicating that BTC is potentially going lower in the short term.
THE SIGNS:
1. RSI indicating double top which can be also considered as a bearish divergence when we include the BTC price to the...
