Commodity : TAEL
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point. Keeping 25% to run after all TPs are filled
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 10% of the...
Finally breaking over the ascending triangle with volume.. let see if it hodls!
UCTS buy signal on the 6H/1D
MACD Bullcrossing & RSI rising
Volume starting to rise again but slowly
Over 50% profit since our entry in the daily,targets on the chart
- Multiple FA events occurring on 31st of march
- Large increase in buying volume
- Buy on pullback into green OB Daily if it gets there!
- May see a bull flag form above the Green OB if this happens buy the FLAG!
- Low volume sell off
- Target previous resistance of yellow daily OB between 7200 and 6700 sats
-May see wicks up to previous range low at 8600 but...
TAEL (WABIBTC) hit a low back in August 2018, creating higher lows ever since.
It had a nice run which generated almost 200% gains, from bottom to top, but it hasn't had much action after... Now, the charts are starting to look like a strong breakout is coming.
Go and ahead and hit LIKE, and let's get to read this chart.
TAEL (WABITBTC) Chart Analysis
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!
Update on $WABI $TAEL: Potential consolidation --> Ascending triangle
Consolidating -- Ascending trendline/EMA50 holding f/below. Resistance at top.
Volume decreasing as decreases in volatility. (squeeze alert from UCTS)
Still bullish for march end events.