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Wabi: 15% Scalp Strategy (Cup and Handle)

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Hello Traders,

Here is my quick profit idea for you. This will most likely work, but do at your own risk.

Looking at the 4 hour chart for Wabi, I start to see potential cup and handle pattern.
It is evident that there is a very heavy resistance around 11.4-11.5K Satoshi area so I would expect Wabi to bounce this zone and complete handle pattern.
It is good time to enter Wabi as you will get at least 10% profit from this trade.
If you want to maximize the profit, then I would wait a little bit longer. You see, Wabi is approaching to the EMA200 resistance level, and both RSI and Stoch RSI is reaching to overbought.
Therefore, I would expect minor bounce in next few hours or days or so and try to reach 11.4K Satoshi again.

Happy Trading!
Trade fechado: objetivo atingido
Target reached. Buy at the dip for maximum profit!
Nota
Cup part completes! Next buying opportunity is 12K satoshi and 11.3 K Satoshi.
snapshot

Aviso legal

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