WBT (WhiteBIT Token): Bullish Accumulation Looks Very High
WBT (WhiteBIT Token): Bullish Accumulation Looks Very High
After the FTX dumped all of the crypto market we can see the market optimism
for the crypto market is very small.
However, these times are also the perfect times for the long-term investment
that sometimes can turn out also as a short-term investment.
WBT is testing a very low area only because of FTX.
On the other hand, we are looking at a very new TOKEN that considering the history
of the other brokers tends to increase too much in price as their volume grows also with the
broker expansion.
Considering that the price is in the same zone as it was before the big FTX mess I guess that
everyone is looking at this potential bullish move now.
Price is in this area doing up and down for a long period of time.
The accumulation looks very high taking into consideration also the actual price zone.
Also on the 4-hour time frame price looks like it is close to the completion of e "Wedge Pattern"
This pattern could push the price higher again.
I think this should be a perfect time, to start, with the first LONG position.
PS: This is my personal decision and is not trading advice at all as it is in line with my long term trading plan
Thank you and Good Luck!
After the FTX dumped all of the crypto market we can see the market optimism
for the crypto market is very small.
However, these times are also the perfect times for the long-term investment
that sometimes can turn out also as a short-term investment.
WBT is testing a very low area only because of FTX.
On the other hand, we are looking at a very new TOKEN that considering the history
of the other brokers tends to increase too much in price as their volume grows also with the
broker expansion.
Considering that the price is in the same zone as it was before the big FTX mess I guess that
everyone is looking at this potential bullish move now.
Price is in this area doing up and down for a long period of time.
The accumulation looks very high taking into consideration also the actual price zone.
Also on the 4-hour time frame price looks like it is close to the completion of e "Wedge Pattern"
This pattern could push the price higher again.
I think this should be a perfect time, to start, with the first LONG position.
PS: This is my personal decision and is not trading advice at all as it is in line with my long term trading plan
Thank you and Good Luck!
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t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
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