Long

Thoughts On Wabi

I'm Not a financial advisor. This is just an idea of what I'm doing. Wabi has good fundamentals and a pretty solid team. Their platform uses blockchain technology to prevent counterfeiting goods which is pretty rampant in china.

-Wabi looks like its about to touch the uptrend line soon. If it finds support here I believe it will go through an abcde correction
-MACD and RSI indicate oversold conditions
-Relatively low market cap coin currently around $126 million so theres lots of room for upward momentum
-I have an order set at .00019999
-I have another order set at .00016 and one more at .0001
-I believe in this coin for the long term so I see it doing good in 2018
-No stop loss set since I am holding long term
-First price target .0005
-Second @ .0007
-Third @ .0009

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Trend Analysis

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