WABI - Free Trade Signal

WABI/BTC
Strategy: Cup & Handle forming on the weekly chart. Volatility reaching historical support which is in line with a C&H pattern and further indicates continuation. ADX showing a strong uptrend with squeezing DI's. Stop loss set to next line of support. This trade could take up to 1 month.
Buy Around - 4534 - 4821
T1 - 5787 (24%)
T2 - 6884 (47%)
T3 - 8236 (77%)
Stop-Loss - 4159 (10%)
Risk / Reward
T1 - 1 / 2.1
T2 - 1 / 4.2
T3 - 1 / 6.9
P/L Opportunity
Upside: 24 - 77%
Downside: 10%
Strategy: Cup & Handle forming on the weekly chart. Volatility reaching historical support which is in line with a C&H pattern and further indicates continuation. ADX showing a strong uptrend with squeezing DI's. Stop loss set to next line of support. This trade could take up to 1 month.
Buy Around - 4534 - 4821
T1 - 5787 (24%)
T2 - 6884 (47%)
T3 - 8236 (77%)
Stop-Loss - 4159 (10%)
Risk / Reward
T1 - 1 / 2.1
T2 - 1 / 4.2
T3 - 1 / 6.9
P/L Opportunity
Upside: 24 - 77%
Downside: 10%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.