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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WABI is quite troublesome with good and bad formations. In big formations, WABI is showing a deeper possibility of falling, possibly reaching 2xxx area.
But I still see a bit of an effort to push the price up, at least 4580, which is expected to hit in 29 May. If WABI can cross 4600 zone, I believe we'll see it at 7445 soon
Current Price : 3754
WABI/BTC is shaping up to this beautiful Equilibrium on the Hourly, which shows itself more as an Ascending Triangle on the 4H, because the wicks get cut out as noise. Volume on the prior bull break was strong.
For the EQ, a break above .9 is needed, for the Ascending Triangle a close above .85
WABIBTC Daily chart broke its downtrend resistance it may reach TP1 and TP2 in next few hours. But I suspect rejection will come from its Major resistance at Fib level/so it may retest TP1/TP2 support levels to break its major resistance. This might happen in a couple of days, so please stay calm.
WABI is good coin for long term holding.
$WABI Breaking from descending trendline... Volume is really low yet but price is pushing up slowly...
June is crowded with #Wabi Events that could act as catalyst...
Could this be the beginning new run?
great acumulation zone going on
rsi ma ready to pump
bullish wedge about to break out
ichimoku cloud already cross
very good momentum for a breakout very soon
4600 5200 5600 6200
38X5foHkRVrCSHKbZ3U6riicxZQDHuxZSA Btc address
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