SUMMARY
Walton Chain (WTC) has retraced about 0.88 Fibonacci level of the initial rise and that's been pretty typical of this correction. However, as it is also with so many coins, pattern, Elliott Waves, time and MACD indicator have been joing and perhaps pointing to a direction of breakout. The below chart shows a wxyxz wave sequence within a decliing wedge patern and it's either already complete or ready to be.
MACD is saying the same thing...a resolution is to happen. Given that selling pressure has been pretty much sapped across the Cryptosphere; regardless of what the cartels and maniuplators want; a relief is coming.
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Elliott Wave Counting Tutorial #1
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