Walton (WTCBTC) hit a new All-Time Low (ATL) on the 26-October and is printing a very strong bounce.
With a high volume bar, this bounce can transform into a new uptrend if the bulls follow up.
Looking at Bitcoin's massive bullish action, how much the altcoins market has been growing (other Binance alts) as well as the general sentiment changing from bearish to bull... We can expect this pair to start to grow.
This is an early signal... But it is starting to take form.
This setup can be traded. You can always buy-in making sure to have a plan and a stop-loss in place in case the prices reverse and move down instead of up.
Here you have a friendly reminder... If the daily candle closes above 0.000806 or EMA10... It is confirmed that the bulls will take control.
You can find additional details on the chart above.
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