💥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✍️
Follow me to receive more updates on TAEL(WABIBTC ) 🤗
Happy Trading💰🥳🤗
Taelbtc
WABI/BTC - 31 August Price PredictionHello everyone, rouzwelt here.
Here is my price prediction for 31 august on TAEL (WABI/BTC) and as you can see in the chart, I believe it to be between 335 to 435 satoshi (0.00000335 - 0.00000435 BTC).
It's clear that the price is in a stablished and quite strong downtrend which looks to be continuing for some time, if nothing crazy happens, cause crypto market is not at its hot days and I believe that small cap alts will perform worse relative to bitcoin for coming months. I think it will go both ways, I mean no matter where bitcoin direction will be, up or down, these alts will be cheaper compared to BTC until we see another alt-season, which I don't think we will see one in few coming months at least.
you can see in the chart we had some attempts to break some key levels, but all them failed with huge supply entering and we have not seen a higher high for a while, which I believe is an indication of weakness. so I believe that we will see the price in that range by the end of august.
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
WABI Cup and Handle - Over 200% potential profits Cup and Handle playing out with the handle now formed its a case of
waiting for the break of this channel and a break through the resistance for
a nice long with 80% targets .
Of course if you are less risk adverse and wish to enter now at your own peril then
I dont rule that out but have a clear Invalidation and SL .
BTC as im sure you know can destroy even the most set in stone setups with its volatility
so keeping your eyes on BTC activity is a must when trading ALTS .
Targets are laid out with the 1-1 extension at play as well as the measured move where I would be closing on the way up .
My only request is a Like and follow to support my analysis .
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
#WABI/BTC Update, Ready to break the wedge!Welcome to this quick update guys.
Please feel free to hit that like button to appreciate my work.
WABI (Tael) has many important fundamentals this This month.
I am expecting at least a 20% gain in the short term,
Reason:
Touching the lower Bollinger bands line.
Trading under a falling wedge channel which is basically bullish in nature.
1300 IS AN IMPORTANT SUPPORT LEVEL.
MORE HYPE WILL BE CREATED ONCE THE NEWS gets flashed everywhere.
For entry and targets please observe the chart.
Thanks for reading. Follow me for more altcoin and Btc updates.
#PEACE
#WABI/BTC missed ? This is where you can buy!Hello dear subs!
Let's have a look on this chart.
In my precious update I shared this setup and the price surged 13% after the update. So I can understand most of you missed the entry.
Both 50D MA and middle BB line in the green box makes it an attractive spot. It is also the .382 fib Level which was due for a retracement.
Here's the new entry region with:
1162 to 1236
Target will be 20% to 50% (Depending on the bitcoin Dominance).
Please hit that like button and support my work.
Follow me for more upcoming updates.
I was undecided For TAEL (Wabi Btc)I hate the symmetrical triangle. It is not clear whether the target is up or down. But it was very obvious in this because shs occurred in the triangle. Candles on the 4-hour chart are still above SMA 200. This is positive. But I am undecided whether or not to buy it. In order for the chart to reach high targets, it must move over the place that I have specified as the crucial trend line. I will follow from 1220 to 1320 sat. I can get these figures if the closing comes around.
This is not an investment advice. This is a work I did at the request of Dündar. Good luck to everyone.
WABIBTC OBSERVATION MODE-Strong resistance
-Strong Support
-Probability for upcoming news
Remarks:
-However still no sign of bullish due to previous roadmap release no healthy growth. Something to look for
$WABI, Reclaimed & hodled ~1300 sats support level..$WABI $TAEL
Reclaimed & hodled ~1300 sats support level after a quick drop on a descending channel
If it keeps pushing up (W Bottom pattern), then our 1st target should be the upper trendline of the channel matching EMA50
Volume slowly rising...
#WABI
WABI-BTC Daily TF Analysis#WABI
Bouncing over 200DMA (Green)
Reclaimed 100DMA (Yellow)
Resistance 200DEMA (Blue)
Third rejection at wedge resistance
Looking forward to hold Black dotted horizantal line & 200DMA
Break above wedge resistance & flipping blue dotted line as support = Targeting 3200/3500
$WABI has very possible rapidly reversed local trendAt least we can touch 0.618 by Fibo. But this on daily pin-bar 06.12 tells me that pressure from buyers exists.
WABIBTC forming Shark pattern | Upto 22.5% move expectedPriceline of TAEL / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001766 to 0.00001670
Sell between: 0.00001853 to 0.00002047
Regards,
Atif Akbar (moon333)
WABI - Possible 66% Increase If 2126 Sats is brokenNumbers are looking good for Wabi just now and fundamentals also looking good with news expected of partnerships soon. Read Q3 Report for more info.
A bounce from new support at 1920 up to next weak resistance at 2126 sats. A breakthrough of this level and there are no resistance areas until 3,200 sats. A possible 66% increase over the next few weeks.
WABIBTC forming bullish Shark | Upto 18% long opportunity aheadPriceline of TAEL / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001499 to 0.00001430
Sell between: 0.00001560 to 0.00001698
Regards,
Atif Akbar (moon333)
$WABI, Waiting to see how this interaction with ~1600 sats...$WABI
Waiting to see how this interaction with ~1600 sats resistance levels evolves...
If it shows signs of continuation from here (Crossing EMA200), we may be able to take a trade with target at ~1900 sats (15%)
UCTS turning into green across multiple TFs
#WABI
WABI TAELBTC Equilibrium | Apex Zone | Low Volume Hello Traders!
Hope you’re all enjoying your weekend!
Today’s chart update will be on WABIBTC (TAEL), an equilibrium is playing out reaching its apex zone, we need to see an influx of volume to confirm a break in this tightening formation…
Points to consider
- Bullish trend on 4 hr timeframe
- Local support at 1419 satt region
- Local resistance at .50 Fibonacci
- Stochastics currently projecting downwards
- RSI is in an equilibrium
- EMA’s holding price support
- Volume below average
- VPVR decreasing in transactions both ways from local support
WABI/BTC (TAEL), is currently trading in an equilibrium that is soon to break, we have a sustained trend line that is being respected with multiple touches, it needs to hold to keep current market structure that is putting in higher lows…
Local support is currently at the 1419 area, price has wicked down multiple times, this shows us that buyers are strong in this zone. Local resistance is at the .50 Fibonacci level, that needs to break for market structure to be intact.
The stochastics is currently projecting downwards; a return to the trend line is probable whilst the RSI is in its own equilibrium. This is in confluence with price action, narrowing into its apex; it will eventually break in either direction.
EMA’s are currently holding price as support but does look weak, as price trades in the equilibrium, the EMA’s become more less significant as price simply trades through it…
Volume is below average and rapidly declining, a break will be confirmed with an influx of volume, whether it be bullish and or bearish. The VPVR is clearly declining in the level of transactions from the local support region. Bears and Bulls will be able to accumulate potential momentum due to low levels of resistance posed by the VPVR…
Overall, IMO, this equilibrium is bound to break as it approaches its apex; a break will be confirmed with volume as it does look very pitiful at current given time. A bull break will hold market structure, whilst a bear break will negate higher lows, WABI/TAEL will then be more probable to test lower local support.
What are your thoughts?
Please leave a like and comment,
And remember,
“Never let a win go to your head, or a loss to your heart.” – Chuck D.