WABI/USD (Mid-Term Target 3 Dollars?)

12 de mai. de 2021

💎Technical Analysis Summary💎



WABI/USD

-WABI has been in a correction phase after the strong run-up to 1 dollar
-The price has retraced back to the 100D MA support and bounces up
-Currently, the WABI is retesting the previous trendline resistance
-This may act as support if the overall market condition turns out good
-If you are looking for a buying oppurtunity on this coin
-You may enter now with a tight stop loss or wait for the middle resistance breakout
-Opening at the current market price is an aggressive approach
-While waiting on the sideline to confirm an uptrend continuation is a conservative trade
-Both biases is expecting an upside move in the coming weeks to months
-If everything goes to plan, I expect to hit above 3 dollars by July onwards
-Guys, this is only my current analysis base on the market condition today
-Things can go south fast, so please do not forget to follow strict risk management
-Have a nice day and stay safe everyone!




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