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WABIBTC

WABI/BTC symmetric trianglePerfect symmetrical triangle forming for WABI. These are a sign of price action which can be BOTH bearish and bullish. Either way it provides us with a opportunity to either buy the dip or buy the breakout. With the current market state and btc looking to drop below 11k once again i do feel a break to the downside is likely especially because WABI has not retraced between 0.5 and 0.618 which i would like to see considering it looks like a simple ABC correction. I might be wrong, in that case wait for a strong break above the triangle but i do not see that happening with the current market sentiment and overall air of uncertainty. * This is not financial advice and is intended for comedic purposes only*
WShort
by HyperionAllied
WABI: Time to ride the wave?First analysis posted here so please be nice. There are strong signals that we are about to see WABI breakout of a 2 week triangle correction period and embark on a steep 5th Elliot Wave. The current price is teetering around a key support line (near the -61.8% FIB level) which has established itself during the 2 week triangle correction (currently 0.00241 BTC). Should this support level hold, I would be looking for RSI and MACD confluence upon breaking out of the triangle before laddering in just above key support/resistance zones (target buy prices: 0.000264,0.000287,0.000303,0.000338). The conservative price target is at the ATH (c. 0.0004000, +50%) but should this be broken and with indicators that the bull run will continue, a higher price target would be around the 161.8 FIB level (0.0005485, +100%). Looking at this to play out over the next week or so, will be watching this closely.
WLong
by brianbaldacchino
Using Fibonacci Retracement For Good Entry Points Into WABI With only 1 month of data to work with the general trend is clear for now, this is a very promising project for a 2018 long-term hold. I am looking for entry points into the market. My first buy-in level at the 32.8% retracement level has been breached and I have staggered the rest of my orders on both the 50% retracement level (22981) and the 61.8% retracement (18840) There is also some support at the 16500 satoshi mark, this would be a great time to buy in if we see a crash in the altcoin market when the Bitcoin futures contract begins on the 26th of this month. I will be holding some of my investment back in case we see this. This one is a long-term hold for me and I would highly suggest doing some research into this coin to see its potential for the coming year.
WLong
by KapitanDave
WABI - Still Below Full Potential!WABI been very strong ever since ICO was launched! It is promising project with promising future. Here are some highlighters: -> Working product, already used in stores and mobile phone app -> 2018 is going to be used building partnerships and marketing -> Market cap is only 1/3 of it's competitor #WaltonChain -> Great stuff coming in 2018 TA stuff The price has been very loyal to it's longer term uptrend line and is forming Ascending Channel which is offering a new trading opportunities in short and mid term. Quick rejection from .382 fib level is one of the evidence that there is still potential for growth. Indecisive candles are helping us to determine our next move. When the price reversed from the bottom and started to form indecisive candles, we are able to draw support and resistance levels which are helping us to navigate through of indecisiveness. The current setup is indicating bullish momentum. But it is important to wait and see the formation of each candle and break out signal. Price is hovering at the moment above MA100 level and strong support area. Buy orders should be set above of recent swing high and above 0.0003 level with confirmed break out signal. Stop-loss order at 0.00024 level. For this trade the main targets are at 0.00038 and 0.0004 levels with a longer term target in the grey box area. If the averages crosses it is recommended to wait patiently and seek new trading opportunity from the lower levels. Note this is a longer term trade! If you need any help with trading, recommendations or where to search basics just feel free to leave me DM in here or in my twitter. I try to respond ASAP! :) Happy trading! Things to Remember: Stop-loss orders are strongly recommended. Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back. Do your homework before investing. Yarr
WLong
by yarr
1
$WABI #WABI - new run preparing and more #crypto adviceLook how WABI touched all my targets before correcting. Nice :) Looking back, start thinking on why it's so important to take profits. There is never a rush in crypto. Price will go up and then will go down. It's as sure as the law of physics. You can take profits and move on or you can buy lower. Buy zone still active for WABIBTC, try to put some buy orders also below the current price, it could go down hard before shooting up. Never buy all in at current price. You just block your funds like this, and you will feel bad if it's going down. Split your funds and put partial buy orders at different levels at and below current price. Enjoy! Thanks for your comments, likes and follows. Follow me on twitter for more updates.
WLong
by TheBigNova
1
$WABI - Reached second target, new targets in sight.WABI is doing her thing going up and I don't see a sign yet of changig course. the price is sitting now on the second target, but potentially this could go to target 3 and 4 in the next weeks, if the bull market is going to hold the same pace. I got a question from a follower on twitter what does it mean to take % profits. Happy to answer. As you can see on all charts, it is absolutely normal for the price to swing up and down, sometimes 30%, before going higher, or to change course completely and go down. There is NEVER a guarantee, based on past gains, that a coin will continue to go up forever. Taking profits means, when you see such a big target hit and you just made 60% profits in a matter of hours, it is absolutely fine to sell 10% of the coins, a.k.a. take the top off. This is how you manage the risk and protect your initial investment: - The price goes up after you sell, no problem, don't buy back, you still have 90% of your coins to profit more. - The price goes down after you sell, no problem, you have 10% profits that you can use either to buy more of the same coin at lower price, or to do whatever you like with them. Enjoy! Thanks so much for your likes, follows and kind comments. I'm on twitter as well, very active on giving more updates and advice.
WLong
by TheBigNova
1