there is an ascending support zone that price must hold to break out from descending resistance and give us great profit.
as you can see in weekly time frame, RSI candles are above HMA that van be a bullish sign.
WABIBTC is bearish for a reversal at 0.00000144 for a bias of 0.00000192
On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this WABI/BTC TRADE setup. WABI is on the very important support. Either it make it from here or break it.
WABI is forming a bull flag like structure in the weekly time frame. But still it is not break the flag. Currently, it is at a very important support level....
✅ Here I will look only for short entry as we are in a strong bearish market structure. The price rejected from the weekly bearish orderblock and I expect the price to take sell side liquidity and to look for a confluence on the retracement to enter the trade.
One of the followers ask me to make an analysis of this chart. If you want me to make some specific...
As we see on the black board, there can be two scenarios. We might find green lines as support zone which is the first scenario. Or we might see following the descending trend which is second scenario, I showed it with red line.
I think the first one has more possibility. What's ur opinion? Leave a comment if u like.
Never trade based on my idea.
Wabi/BTC has been in a falling wedge since March 2021. Falling wedges are considered reversal patterns so it is likely to breakout bullish. On the daily time frame, I see hidden bearing divergence. This could push the price down to re-test 0.00000195 BTC which is the current bottom. This line should act as support and start the bullish breakout. The daily MACD...
Waiting for the right signal.
Someone Message me to get an analysis from WABIBTC, so here it goes.
Waiting to be my blue line candle around 0.245
if that breaks possible drop
also, waiting for its bounce from 0.252
possible ranging uptrend up to my highest top 0.278.