WABI/BTC (Bullish Channel?)

6 thg 6, 2021

💎Technical Analysis Summary💎



WABI/BTC

-TAEL WABI is potentially playing inside this bullish channel
-We can also see the price is reacting to the key support area
-When the price hits the 450 sat zone, a strong buy happened
-For now, WABI is facing minor rejection at the trendline resistance
-If you are looking to play this coin in the midterm
-I think the best area to scale-in is a revisit of the green support zone
-But if your specialty is a short term swing trade ideas
-The best ideal scenario for you is to wait for the trendline breakout
-Because this will increase your bullish bias that the market is ready to shift
-The major key here is your risk appetite how will you approach the market
-As long as you have a proper allocation and risk management
-I think you will be safe in your next trade
-Good luck and trade responsibly everyone!


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Not Financial Advice 💸
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