$WaBi token is used to facilitate purchases where fiat is not available or accessible and is used for loyalty programs. Over time WaBi will overtake fiat as it will become the dominant currency on Walimai products at which point people will use fiat only to load up on more WaBi.
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...
Wondering how this coin will behave in the future knowing that its main (& only?) exchange is binance...
Currently lost support and falling aiming for support at ~1150 sats..
UCTS Sell signal on every TF
Will update as soon as I see changes.
WABI is one of the hottest/most bullish alts on the market today. I like a lot of what I see in its current price chart. First of all, I see the price is resting on a confluence of support levels, the key one being the pink uptrend which has continually pushed WABI's price higher on each touch. WABI also has a nearly completed inverse head and shoulders pattern...
So, basically we have WABIBTC in uptrend channel, if it's going to stay above 1680 for next 24 hours then expect bounce from channel to upward.
Additionally we have double Cup and Handle pattern which is also bullish. Keep stop-loss below 1680. Good luck !
Trying to recover the bullish path crossing above the descending trendline that retest support at ~1600sats
For now Volume is low compared to what showed a week ago, but stay alert if it starts flowing again
RSI pushing back to bullish levels
HL HH sequence visible
WABI has been hot of late and I think it is going to continue its uptrend. It is currently completing its Wave E corrective leg down, so I will be watching for reversal support to kick in and start the next leg up. The price has even jumped a fair amount since I started writing this. Considering the height of the last pump, we may have a big inverse head and...