WTC/BTC Daily - Something is cooking!

11 Nis 2018

Fact 1: WT C is a project which has a very active community which can push the project really high ( see volume around January). When the bearish move started, volume decreased. Until today.
Fact 2: Super strong support at 12250 and a pretty cool trend line which was tested multiple times.

I would enter this trade only after breaking the trend line and retest because the price was already rejected pretty violent on 4H chart. It's pretty possible to see huge Dec-Jan type of volume appearing again on daily. On 4H the volume was super good today. If it strikes hard wait for the retrace after the breakout.

First significant target at 17780.

Note: The Daily 50 MA might create some issues along the way.

For now it's just boiling so patience :)

14 Nis 2018

Yorum

Still boiling just under the trend line. Once volume will be there, the breakout will be interesting.