-WABI TAEL is currently testing its daily key area of support -This support zone is somewhere around 350 sat - 420 sat -Since the peak price last March 30, WABI continued to experience correction -We have seen a roughly -80% from the March top swing price -Multiple series of lower highs and lower lows indication of downside price action -If WABI can form a base of support for the next 1-2 weeks -I think it will start building another momentum to push the price up -Like what happened last June 20 trading, where we saw a big spike in volume & price -If the Bulls can find another strength and follow the same DNA last time -I think a potential rejection area is around 1,000 sat - 1,100 sat range -This analysis is based on the current market condition -Please always follow your trading plan strictly -Good luck and stay safe everyone!
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Thanks for sharing! Here are my thoughts on this pair. It can go to 1000 sats, but I think it's unlikely to sustain. We'll see :)
-Victor Cobra
Helical_Trades
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Trend is You're Freind 🏹
InkyGrip
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impressive work! thanks! 🦐👍🏻
ProjectSyndicate
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perfect perfect. great target
Mihai_Iacob
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Wonderful job!Thanks
Aadil1000x
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Nice view! It has the potential to move up to the resistance zone but I am expecting that it will first complete this pattern before a rise. Here is my view on Wabi/BTC.
caldooninvestment
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Very well done here
VasilyTrader
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I guess we have a similar view on that. Well done!