WABI/USDT
1W/1D Chart
Ive mentioned WABI before as a good spot buy with long term potential. Here’s a recap:
Been in a sideways accumulation for over 3 years. From the eye it looks like Wyckoff accumulation, volume on last weeks weekly candle was the highest than any prior, suggesting the composite man has absorbed a large amount of the position here where volume = amount of stock that has changed hands, where a large volume suggests large operators have entered the market. Volume is the effort it takes too move the price, and it took a lot of effort here to breakout and retest on the daily chart producing a bullish buy setup.
Market structure is bullish making higher highs and higher lows on the daily, we had a clear BOS (break of supply) on the weekly chart taking out the previous weekly high and creating a new Higher Low.
MACD looks good on weekly, momentum to the upside is starting to show and a crossover for a buy signal.
Overall a very bullish chart and a crypto with great partners and a solid use case already in play.
Coinmarkepcap:
coinmarketcap.com/currencies/wabi/
Official website:
wabi.io/
Can be bought on Binance using WABI/BTC pair.
Wabi ecosystem connects Brands and Consumers, enabling a seamless, fair, and confidential exchange of value and information.
Consumers participating in the ecosystem take advantage of the several tools designed to better inform their consumption choices and are incentivized with Wabi. Consumers redeem the tokens at a dedicated Marketplace where they can purchase thousands of unique products delivered to them from across the globe.
Participating Brands leverage Wabi tokens to obtain unique datasets on consumer behaviour allowing them to make superior marketing and strategic decisions. Moreover, the Brands incentivise users with Wabi to generate new data, thus enabling rapid hypothesis testing and iteration. Effectively, Wabi taps into corporate marketing budgets ($1.6 – $1.9 trillion annually), making marketing a lot more efficient for participating companies.
Partnership with Rakuten, Nestle, Binance to name a few, also working with Japan government: ministry of agriculture, forestry and fisheries
1W/1D Chart
Ive mentioned WABI before as a good spot buy with long term potential. Here’s a recap:
Been in a sideways accumulation for over 3 years. From the eye it looks like Wyckoff accumulation, volume on last weeks weekly candle was the highest than any prior, suggesting the composite man has absorbed a large amount of the position here where volume = amount of stock that has changed hands, where a large volume suggests large operators have entered the market. Volume is the effort it takes too move the price, and it took a lot of effort here to breakout and retest on the daily chart producing a bullish buy setup.
Market structure is bullish making higher highs and higher lows on the daily, we had a clear BOS (break of supply) on the weekly chart taking out the previous weekly high and creating a new Higher Low.
MACD looks good on weekly, momentum to the upside is starting to show and a crossover for a buy signal.
Overall a very bullish chart and a crypto with great partners and a solid use case already in play.
Coinmarkepcap:
coinmarketcap.com/currencies/wabi/
Official website:
wabi.io/
Can be bought on Binance using WABI/BTC pair.
Wabi ecosystem connects Brands and Consumers, enabling a seamless, fair, and confidential exchange of value and information.
Consumers participating in the ecosystem take advantage of the several tools designed to better inform their consumption choices and are incentivized with Wabi. Consumers redeem the tokens at a dedicated Marketplace where they can purchase thousands of unique products delivered to them from across the globe.
Participating Brands leverage Wabi tokens to obtain unique datasets on consumer behaviour allowing them to make superior marketing and strategic decisions. Moreover, the Brands incentivise users with Wabi to generate new data, thus enabling rapid hypothesis testing and iteration. Effectively, Wabi taps into corporate marketing budgets ($1.6 – $1.9 trillion annually), making marketing a lot more efficient for participating companies.
Partnership with Rakuten, Nestle, Binance to name a few, also working with Japan government: ministry of agriculture, forestry and fisheries
