WaltonChain (WTC) Analysis: Probable Evidence of a Complete Correction

SUMMARY

Walton Chain (WTC) is about complete, if not already, with an expanded flat. This is an ABC correction, except the B wave is higher than the origin of A. As you can see in the below chart, the B wave is higher that prior white circled wave 5, which is the same as the start of the red A. The C wave has morphed into a downward wedge, which is the second most common pattern in cryptos.

The subdivision of wave C has several ways and I've selected the wxyxz. All waves seem and look complete. However, price still remains within the confines of the downward wedge boundaries.

Drilling even deeper confirms the probabilit of this ABC being complete as being high. Let's see how the next few days' price action pan out. The alternate is that price continue its sideways action.

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