HyperionAllied
Short

WABI/BTC symmetric triangle

BINANCE:WABIBTC   WaBi / Bitcoin
Perfect symmetrical triangle forming for WABI. These are a sign of price action which can be BOTH bearish and bullish . Either way it provides us with a opportunity to either buy the dip or buy the breakout.

With the current market state and btc             looking to drop below 11k once again i do feel a break to the downside is likely especially because WABI has not retraced between 0.5 and 0.618 which i would like to see considering it looks like a simple ABC correction. I might be wrong, in that case wait for a strong break above the triangle but i do not see that happening with the current market sentiment and overall air of uncertainty.

* This is not financial advice and is intended for comedic purposes only*
Trade active: Could ladder in buys between 0.618 and 0.786 fib which is the likely drop zone when btc goes 7-8k which i think is highly likely now. Trade safe.
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