#wtcbtc

WTC seen from the 1W seasonality we can observe how the candlestick structure has formed a long 2 year downward wedge, currently the price is at an excellent moment of the trend, ending the wave (5) of

After WaltonChain hit the low at 9475 satoshis, on the 29th of June, price started to move up slowly, and broke above the descending channel and the 50 Moving Average. Nevertheless, the consolidation started,

WaltonChain has corrected down to 12k satoshis after hitting an all-time high at 38k satoshis. The correction down resulted in almost 70% loss against the Bitcoin where price rejected the uptrend trendline