Long
$WABI the leaping frog! [ Mid - long term ]
Updated
**UPDATE** I apologize for the way the chart looks. I forgot to clean it up and TV doesn't allow changes.**
What's up traders!
Here are my thoughts on WABI and why I am very bullish on this alt coin.
Most of my analysis is based on FA. TA was used to find an entry point.
#1.) Low market cap. We are at 48mil and WABI has seen a high of 172mil in the past ($6.00 +/-). We are slowly grinding up to 90mil which will place us in that $2.00 range.
#2.) Psychological support at $1.00 has been set.
#3.) This is a working product. Check out their website and view their roadmap. This shit is real! Over 200 sku products will be working with WABI this summer to prevent counterfeit of infant formula, cosmetics and alcohol. These 3 are some of the largest industries in the world!
TA analysis
All my analysis is showing that WABI has been on an upward trend and I don't believe it will reverse anytime soon. I may consider profit taking as soon as we hit the $2.20 range (40% of my bag and let the rest ride).
In my opinion, this is one of the easiest trades of 2018. I hope you all do well in this QTR.
Please, don't forget to take profits. I made that mistake in the past and it fucking sucks. Let's not make that mistake again.
Be patient, don't get greedy and never stop learning. BINANCE:WABIUSD
GL!
****
What's up traders!
Here are my thoughts on WABI and why I am very bullish on this alt coin.
Most of my analysis is based on FA. TA was used to find an entry point.
#1.) Low market cap. We are at 48mil and WABI has seen a high of 172mil in the past ($6.00 +/-). We are slowly grinding up to 90mil which will place us in that $2.00 range.
#2.) Psychological support at $1.00 has been set.
#3.) This is a working product. Check out their website and view their roadmap. This shit is real! Over 200 sku products will be working with WABI this summer to prevent counterfeit of infant formula, cosmetics and alcohol. These 3 are some of the largest industries in the world!
TA analysis
All my analysis is showing that WABI has been on an upward trend and I don't believe it will reverse anytime soon. I may consider profit taking as soon as we hit the $2.20 range (40% of my bag and let the rest ride).
In my opinion, this is one of the easiest trades of 2018. I hope you all do well in this QTR.
Please, don't forget to take profits. I made that mistake in the past and it fucking sucks. Let's not make that mistake again.
Be patient, don't get greedy and never stop learning. BINANCE:WABIUSD
GL!
****
Note
Update:If you noticed, BTC dropped significantly about an hour ago which dragged down some alt coins a bit.
WABI held it's $1.00 support very well.
Trade with caution and GL!
Note
FUck yeah boiiii
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