Hey traders,
this is an idea I'm submitting for a competition on WABI to see who has the most accurate prediction by Aug 31.
Longer term price prediction on altcoins isn't usually my style but here is what I think:
WABI/BTC will be between 300-400 sats on Aug 31
I expect price to move into the orderblock at around 300sats to begin mitigating some orders.
Another possibility is that price trades into the bearish 2h orderblock or even the breaker before reverting. However I see this as unlikely because of the bearish structure combined with the lowering interest and volume. (also the project seems to have went quiet for some time now)
Please like and follow for more detailed price action breakdowns such as this.
this is an idea I'm submitting for a competition on WABI to see who has the most accurate prediction by Aug 31.
Longer term price prediction on altcoins isn't usually my style but here is what I think:
WABI/BTC will be between 300-400 sats on Aug 31
I expect price to move into the orderblock at around 300sats to begin mitigating some orders.
Another possibility is that price trades into the bearish 2h orderblock or even the breaker before reverting. However I see this as unlikely because of the bearish structure combined with the lowering interest and volume. (also the project seems to have went quiet for some time now)
Please like and follow for more detailed price action breakdowns such as this.
