[WTC / BTC] Simple Chart Analysis for the Beginners (4-27-18) - Is it ready for the rebound?

in #altcoins7 years ago (edited)

Finally WTC / BTC broke out from the 50MA on daily chart...

rty.jpg

**Let's see the daily chart for WTC / BTC.
wtc 4-27-18 d.jpg

  • 50MA retest has been done.
  • MACD is rising and it is above 0 but barely.
  • It is still under ichimoku cloud.
  • There is a resistance @ 0.0018000
    and another one @ 0.0020000

**Let's look @ another chart for WTC / BTC.
wtc 4-27-18 d2.jpg

  • It looks like reverse head & shoulder...
  • Hopely volume increases...

My plan is to buy WTC from 0.0016850 to 0.0015000 (averaging down)
for SWING trade. 0.0015000 is the 50MA area
and it might retest 50MA again...
Therefore I am putting in the limit orders from 0.0015000 to 0.0016850 (current price) with every 0.0000050 increment.
Hoply it works for me!

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