$WCT has just explodedđ„đ„đ„, All indicators are positive, Price being above all the Moving Averages indicating a long term bullishness.
â A sharp golden crossover above the zero line (MACD) with a sharp pointing signal line indicating strong uptrend.
â Volume is healthy and the momentum is just increasing meaning buyers are in control
â The RSI of 6 and 24 are in medium-bought areas, meaning a further uptrend is still possible
âIf you wanna trade it, it's wise to wait for the close of this candle of the 4hr session and watch closely the start of the new candle after 25minutes.
Tip,It's always advised to wait for approximately 30 minutes to 1hr after the formation of a new candle to identify the direction not to fall into fake pump traps.
