WABI has a great support at 620-650sts zone that we can trust in. And this zone may be the start point of new rally
It is forming a Falling Wedge pattern and this pattern is quite good to push it up to 900-1000sts, here is a very important zone because it was denied sometimes in past and it need to breakout for a brighter future.
If WABI drops below 590sts, it...
- Bullish crossover on Stochastic RSI
- Convergence on Chart and RSI
- MACD is bearish
- Market positions are neutral and slightly bearish
- Helical indicator is being bearish
- Market volume is very low
WABI is trending into last support zone, Also it got a convergence there, So its possible to...
💎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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WABI is heading to the 600-630sts, this zone is very worthy to buy in with stoploss under this zone.
It may pump up to 900sts or even 1100sts in late October.
Remember, WABI is a pump-dump coin, so once you bought at the good price, you shouldn't be worry about the small drop.