WABI is one of the hottest/most bullish alts on the market today. I like a lot of what I see in its current price chart. First of all, I see the price is resting on a confluence of support levels, the key one being the pink uptrend which has continually pushed WABI's price higher on each touch. WABI also has a nearly completed inverse head and shoulders pattern with a massive head. The IHS target is nearly 100% gain from this level. WABI is literally creating a mirror image of its descent with this current rise. And it has performed very well comparatively to the alt market despite Bitcoin's dominance. It won't be this cheap for long! I'm nabbing it now while I can.
Did my idea help you make a successful trade?
Donations are always welcome and much appreciated:
BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU
ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6
XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
Did my idea help you make a successful trade?
Donations are always welcome and much appreciated:
BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU
ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6
XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
Comment:
Wow! I really thought that pink uptrend would hold, but my stop loss triggered after we broke support and fell to the original yellow uptrend. When I went back to the chart and looked at macro scale, I kicked myself for not seeing this sooner. The last time we did an ABCDE correction was almost exactly the same time last year. And the price responded the same after the correction. I marked with a red box where the price also retreated to the original trend and eventually fell through support. If you are stuck in the trade, I believe we should have a rebound back to the ~.000017 level. This would be a great place to exit and wait for re-entry. From the looks of it, we could fall quite a bit more beyond the .000014 level. This might also be a good entry point to ride the wave up for a nice 15% gain.