💥WABIBTC HAS MORE CHANCES OF FALLINGPlease support this idea with a LIKE👍 if you find it useful🥳
Based on what we have on this chart, I expect a fall on this chart. We have a downward breakout from the falling wedge. As shown on the chart, downward breakout and pullback has occurred. I expect the next candle to be a bearish candle.
If price should break upward, then this idea will be come invalid.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Taelbitcoin
TAEL BTC - Weekly chart - 3 Long Ideas3 Scenarios for TAEL where i plan to take positions if price should fit the requirements:
Scenario 1 (blue arrow)
1. Price goes under green support level
2. Reclaims green line and breaks red trendline
3. Buy on retest of green line
Target: Resistance level, confluence of important level (Swing- Low)
S-L: Under last local swing low
Scenario 2 (orange arrow)
1. Price breaks blue resistance area
2. Generates a Swing
3. Beaks the local Swing- High (small red line)
4. Generates a new Swing High
5. Buy on retest of blue support area
Target: Target: Resistance level with confluence of the 50% FIB level
S-L: Under the blue support
Scenario 3 (yellow arrow)
1. Price breaks blue resistance area
2. Price falls under blue resistance area
3. Reclaim of blue Resistance area
4. Buy on retest
Target: Target: Resistance level with confluence of the 50% FIB level
S-L: Swing- Low generated in step 2
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My General rules and approach regarding trading:
- I mark levels that i find interesting and set up requirements what price needs to do at these levels so i feel comfortable to take the trade
- What price does till its reaches my levels doenst matter to me, even if it takes days, weeks or even months or never at all (Alarms are set and thats it)
- For my entries i often use Strategies on smaller time frames and to increase my chances and profitability (Breaks in LTF-MS, HS etc.)
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
WABIBTC (TAELBTC), long now or from investition zone.Hi frriends. I find interesting case. WABI BTC (TAELBTC) near investiton zone. Modified "Earned" script show big purchases now and exchange dont involve now. So we can go by two ways:
1) Long now to 0.00000286.
2) Long from any price of invest zone - 0.00000210 - 0.00000246. growth also to 0.00000286.
Levels thanks to X-Lines script. Follow me.
WABI Tael upside potentialTael: digital token in a safe product ecosystem.
Consumers scan NFC label to verify product authenticity.
Every product in the Tael marketplace is protected with an NFC label.
Consumers securely verify product authenticity with their mobile phone.
This type of service is mostly used in Asian markets.
Tael, currently ranked 439 on coinmarketcap has a small market cap, 11,523,553 USD, a decent daily trading volume of $1,652,231 and a circulating supply 86,699,999 WABI close to its total supply of 100,000,000 WABI.
The indicators look bullish on the 2 day timeframe, as on most of the timeframes.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
WABI/BTC is in a very large BULLISH WEDGE! and news to follow!!!WABI/BTC is in a very large BULLISH WEDGE! and news to follow!
WABI is in a bullish wedge.
There is a lot of news coming end of September. All news is noted by the yellow dashed line and the events are listed to the right.
Entry would be the green zone of the wedge.
This is a very large pattern - allow some time for this to play out. Gains exceed 130%!!!
Watch for a sell off at September 30th after the news, but should recover quickly with the coming news in December.
Trade safe my friends...
BINANCE:WABIBTC
#WABI/BTC (June 29)WABI is having a great support at 1100sts and this support may push WABI up and continue the uptrend.
In this July, WABI may come back to 1400sts and 2000sts as well
If this support is broken, you should sell out
#WABI/BTC (June 21)Investing and holding WABI at this time is not a good choice. We should wait to buy the WABI in the 1300-1400sts zone and look forward to the strong pump in July and August.
The target will be in 2 areas: 1800 and 2200
It is very dangerous if WABI falls out of our buying zone
