TAEL (Wabi) | One Of The Best Charts | Easy 400%+ Possible
TAEL (WABIBTC) has one of the best charts around and shortly I will tell you why...
This pair can easily produce great gains... These are the signals and chart setup:
TAEL hit a low in early August, together with the first set of Binance altcoins that hit a new all-time low. Remember that many...
Priceline of TAEL / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001766 to 0.00001670
Sell between: 0.00001853 to...
Numbers are looking good for Wabi just now and fundamentals also looking good with news expected of partnerships soon. Read Q3 Report for more info.
A bounce from new support at 1920 up to next weak resistance at 2126 sats. A breakthrough of this level and there are no resistance areas until 3,200 sats. A possible 66% increase over the next few weeks.
Waiting to see how this interaction with ~1600 sats resistance levels evolves...
If it shows signs of continuation from here (Crossing EMA200), we may be able to take a trade with target at ~1900 sats (15%)
UCTS turning into green across multiple TFs
Previous Anlaysis Profit Potential 55%
General Summary:BINANCE:WABIBTC is looking ready for a smooth ride since we successfully have hit our Target Identified in our previous analysis which you can see in the link mentioned above.
MACD+RSI+Super Guppy shows bullish...
Looks like a symmetrical triangle pattern after a big push (~50%) since ATL BTC support
Volume is decreasing(while at Binance ~50BTC in the last 24hs) so we will have to wait for better confirmation
If ~1400sats is crossed w/ volume we may aim for a ~1700sats retest (15%)
Priceline of TAEL / BITCOIN cryptocurrency is forming a bullish CRAB and very close to the potential reversal zone.
MACD turned strong bullish.
RSI is oversold.
Stochastic has given bull cross
Volume profile is showing less interest of traders within PRZ area.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.00000858 to 0.00000001...
@Wabi approaching support between 1300-1250 sats. Hitting bottom bollinger band, as you can see it has done lately on the 8hr chart. A few red candles on the bottom band, then a significant bounce upwards. I will be enterting, but anything under 1250 sats (SL @ or around < 1225) would be an indicator that this chart has not seen it's bottom yet.
- Wabi Turning Bullish In Daily TF.
- Forming Falling Wedge Pattern But Need More Volume For Breakout.
- Indicators Are Also Turning Bullish ..
- 200-250% Profit Potential In Midterm..
- Targets Are Mentioned In Chart..
Tael is a digital token for safe consumer products. Thanks to its ability to be seamlessly...