💎Technical Analysis Summary💎
-WABI confirms the Bearish channel to the downside
-The price breaks its local support
-If the Bears can send more follow-through
-The downside target is around 573s sat or reverse Fib 1.618 extension
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-TAEL WABI found new support at previous consolidation key area
-This is also a confluence of .786 Fib support level
-To confirm a mid-term bullish scenario
-WABI must break above the downward trendline resistance
-Let's wait for the confirmation before making any decision
-I will add this to my watch list and enable alerts
WABI reached the previous swing low last August 2019 and the price bounces off
but facing minor rejection at trend-line resistance today.
This is fine if WABI is unable to break to the upside with its bounce.
He will have to pull back and form a higher low and re-attempt to break bullish of this descending pattern.
If that happens, targets to the...
DISCLAIMER :- This is not a financial advice.
Buy WABIETH right now,
Place stop loss at 0.00066373
and take profit at 0.00083002
or at whichever price you like. :)
Remember, always risk 1% of your capital.
If you have any questions/doubts, feel free to comment below.
Happy Trading. :)
We are doing Analysis of WABIBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Looks like $WABI already started a new cycle.
There is an ascending yellow line which has been acting as a support and it's a good place to buy.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
WABI is an ERC-20 token that has 99.2 mils total supply with half of it on the supply. Quite something that this token is relatively only listed on three exchanges which one of them is Binance and the other two are not really famous at the moment based on it's exchange volume. Leaving a 11x to ATH from the current price.
I always looking for the FA first for...
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...
Very textbook. set pending buy orders at accumulation zone, alerts on break of swing high, buy and set 3-5% under support as stop loss.
VPVR shows level of interest in buy zone. RSI bottoming. heading to critical support. STOCH MTF buy signal.
The D wave of the ABCDE Elliot wave hit the top resistance and will bounce back to a lower low which is the E wave.
After the correction, the impulse waves will take WABI to ~0.0036. See the targets on the chart.