WABI is approaching an intersection between a long term downtrend and a local uptrend
IF we break above the down trend line there is a good Long position to take with stops sitting below the uptrend line
- exits / proift taking levels are at the upper line of the channel we are in
~Gemini
Volume is rising, however the price is in overbought state. On the 12-hour chart there is a cup and handle formation which indicate short term decrease to our buying zone and then rise to our targets.
EMA, SMA (10,20), bull bear power and MACD confirms this forecast. Fundamentals are also favorable
Hello Lads and Ladies,
Today we are taking a look at WABIBTC as it has been requested already today.
Starting off with the daily we can see the over all situation that we are having right now.
WABIBTC has been in a steady downtrend and staying pretty constant under the middle of the Bollinger Bands. As the distance between the chart and the middle line got too...
WaBi is my favourite low cap coin, moves like an athlete and sounds like the mustard - Theres a lot of resistance to get thru here - Market uncertainty abounds but will soon clear when the crowd realises the smart money hit a bottom - I'll update as things develop but we are in a fairly tight range here currently
This looks like a great entry and if BTC allows it this could turn out perfectly.
But I try to look beyond today or tomorrow so I accept another leg lower. I'm not going to sell until I've hit the target.
I just look at WABI's current market cap of $46.012.725 and laugh out loud because that is an absolute joke.
Target between 34567 and 45678
Wabi is completing a C wave which would be a right shoulder, but a handle from a larger pattern. Very interesting. After the correction is compleated I am expecting the price to surge.
Hello friends,
Wabi made a breakout recently. We can see a bearish divergence at the moment and it is in a resistance, so it's probably retracing a bit. I see a good re-entry at the retest of the triangle.
WABIBTC 1D timeframe
I think that this is Rounded bottom pattern. If u measure in the middle from top to bottom u can use that as potential target, and target will be on the first line of fibb lvls (0.236) , around 15443.
Sideways drift into the cloud and converging tk lines suggests the possiblity of a future edge to edge trade. Place bids along tenkan and kijun marked by "Entry Zone".
This move would be further validated by a tk cross. Take partial profit at 0.382 fib and heavy profit at 0.5 fib level. This "Entry Zone" also serves as a good price to accumulate if investing.
Not...
After 3 months of downtrend , finally WABI is ready to start some major uptrend.
Buy zones and targets are mentioned in chart.
I am not buying at current price waiting for a small pullback to my buyzone, as i see a bearish divergence on the charts. You can buy here also.
Please like this chart, it will help me to gain more reputation. Give a follow to get...
