Walton is in the midst of forming a massive cup on the daily, extending back to Nov 2018.
Volume has been steadily increasing since February, as well candles. Boll bands are opening up with 7 consecutive candles hanging on the upper bands and clearly above the 20 ema. 2 wicks have already pierced the 47700 resistance already, and it is primed to explode. Had it not got killed on BTC's run last night, it could already be up in the 50k sat range.
When it breaks up I'll look for the handle to pierce 70000 sats with an eye on 100k satoshi.
Volume has been steadily increasing since February, as well candles. Boll bands are opening up with 7 consecutive candles hanging on the upper bands and clearly above the 20 ema. 2 wicks have already pierced the 47700 resistance already, and it is primed to explode. Had it not got killed on BTC's run last night, it could already be up in the 50k sat range.
When it breaks up I'll look for the handle to pierce 70000 sats with an eye on 100k satoshi.