Hello Crypto community , At the request of a friend, I decided to have an analysis on Wabi
So let's get started
🔹Rank #987,/ kind : ERC-20 token(ETH) \\ Market Cap:16,550 BNB \\ Fully Diluted Market Cap: 16,502 BNB===> ✅
Max Supply: 100M wabi /Total Supply: 100M wabi /// Circulating Supply:99,9 M WABI (100%)====> ✅
What does the wabi do ?
WABI enables fair value transfer between consumers and brands
wabi.io-Coinarketcap
-------------------------------------------------------------------------------------------------------------------
📊Technical
As you can see on the WEEKLY timeframe for WABI/USD , it has been trapped in wide range and downward channel ,and Since Apr 2021 ,it has been declining till now ,and lost its higher important key zone , it also has recorded a new ATL , so now we should rely on the current market situation , because if Eth or btc fall again , so wabi can continue to decline more ,but according to the last Positive divergences which have revealed recently ,it can start to rise , so in the case of bullish scenario it can retest the higher resistance zones and then it can fall again as a pullback, otherwise it can even see the lower fibo support levels!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
So let's get started
🔹Rank #987,/ kind : ERC-20 token(ETH) \\ Market Cap:16,550 BNB \\ Fully Diluted Market Cap: 16,502 BNB===> ✅
Max Supply: 100M wabi /Total Supply: 100M wabi /// Circulating Supply:99,9 M WABI (100%)====> ✅
What does the wabi do ?
WABI enables fair value transfer between consumers and brands
wabi.io-Coinarketcap
-------------------------------------------------------------------------------------------------------------------
📊Technical
As you can see on the WEEKLY timeframe for WABI/USD , it has been trapped in wide range and downward channel ,and Since Apr 2021 ,it has been declining till now ,and lost its higher important key zone , it also has recorded a new ATL , so now we should rely on the current market situation , because if Eth or btc fall again , so wabi can continue to decline more ,but according to the last Positive divergences which have revealed recently ,it can start to rise , so in the case of bullish scenario it can retest the higher resistance zones and then it can fall again as a pullback, otherwise it can even see the lower fibo support levels!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Trade active:
WABIBTC :
Comment:
WABI/BTC DAILY:
