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AlwinGoutham

WABI bearish divergence

Short
AlwinGoutham Updated   
BINANCE:WABIBTC   None
Trend Analysis Technical Indicators Wave Analysis
3
0
trendanalysis indicator waveanalysis
WABI brokeout of the downtrend channel few days before and had a good run upwards.It has now formed a cup.We can see bearish divergence in 4hr timeframe.So I'm expecting it to retrace slightly which would form the handle of the cup.
RSI is moving downwards.

Targets/Support
0.000121
0.000116
0.000111
Trade closed manually:
Crossed and closed above the resistance.
snapshot
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