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Wabi

$WABI $WABI.X - Wabi 1 Day BinanceWABI is going bear here dropping down though it has been a flat coin for days not not showing any real movement for days it seems. Small rises and falls no real breakouts. We are trending down to the bottom band, RSI is down, i believe it will continue trending down though may not hit the bottom fib line near 16510 sats. IF it rebounds here, may be a time to buy in but i do not see much gain. It has not seriously broken the 20 day moving average, only a few times over the last month. If you buy near the bottom you may only see profit near 19558 Sats. There is not enough volume here yet for WABI to be that profitable. This is one of those coins you may want to keep and hold if you believe in there mission and hope for a future breakout.
WShort
by UnknownUnicorn2091450
1
WABI/BTC symmetric trianglePerfect symmetrical triangle forming for WABI. These are a sign of price action which can be BOTH bearish and bullish. Either way it provides us with a opportunity to either buy the dip or buy the breakout. With the current market state and btc looking to drop below 11k once again i do feel a break to the downside is likely especially because WABI has not retraced between 0.5 and 0.618 which i would like to see considering it looks like a simple ABC correction. I might be wrong, in that case wait for a strong break above the triangle but i do not see that happening with the current market sentiment and overall air of uncertainty. * This is not financial advice and is intended for comedic purposes only*
WShort
by HyperionAllied
WABI: Time to ride the wave?First analysis posted here so please be nice. There are strong signals that we are about to see WABI breakout of a 2 week triangle correction period and embark on a steep 5th Elliot Wave. The current price is teetering around a key support line (near the -61.8% FIB level) which has established itself during the 2 week triangle correction (currently 0.00241 BTC). Should this support level hold, I would be looking for RSI and MACD confluence upon breaking out of the triangle before laddering in just above key support/resistance zones (target buy prices: 0.000264,0.000287,0.000303,0.000338). The conservative price target is at the ATH (c. 0.0004000, +50%) but should this be broken and with indicators that the bull run will continue, a higher price target would be around the 161.8 FIB level (0.0005485, +100%). Looking at this to play out over the next week or so, will be watching this closely.
WLong
by brianbaldacchino
Using Fibonacci Retracement For Good Entry Points Into WABI With only 1 month of data to work with the general trend is clear for now, this is a very promising project for a 2018 long-term hold. I am looking for entry points into the market. My first buy-in level at the 32.8% retracement level has been breached and I have staggered the rest of my orders on both the 50% retracement level (22981) and the 61.8% retracement (18840) There is also some support at the 16500 satoshi mark, this would be a great time to buy in if we see a crash in the altcoin market when the Bitcoin futures contract begins on the 26th of this month. I will be holding some of my investment back in case we see this. This one is a long-term hold for me and I would highly suggest doing some research into this coin to see its potential for the coming year.
WLong
by KapitanDave