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Wabiforecast

WABI: RE-BRAND + EXPANSION + NEW PARTNERSHIP - PROFIT = 41.16% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of September 2018 . Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 41.16% PROFIT!!! The increase in price may also be explained by positive developments including: April 25: Walimai announces they have signed a sourcing agreement with Australian body care company Clean & Pure. They aims to bolster ttheir product portfolio with a variety of cosmetics and skin care products crafted from Australian ingredients. May 30: Wabi announces they are adding over 60 new Australian food and cosmetics products to the Walimai platform. June 27: Walimai and Network Foods Australia Pty Ltd signed a MoU to engage in joint e-commerce, cross-border projects. Together, this allowsAustralian and New Zealand brand owners / suppliers the opportunity to manage their own ’Smart Kiosk’ Point-of-Sales within China while also protecting their products with Walimai smart-label technology. This allows for the sale of a broad range of Walimai-protected ANZ products to millions of Chinese consumers. July 3: Walimai announces a collaboration with OneZone to engage in product authentication and traceability projects with New Zealand manufacturers and brand owners. July 3: Walimai announces New Zealand Gold, a premium infant formula brand manufactured by the leading NZ dairy company and CNCA/CIQ approved for China. August 8: Wabi announces expansion to 5 Chinese provinces: Gansu, Guangdong, Zhejiang, Chongqing, and Sichuan. August 8: Wabi announces the production of the latest iteration of our anti-counterfeit label has begun. The labels, equipped with NTAG 213 TT chips, come with the Proof of Consumption feature, the ability to transmit status after tampering attempts, and native iPhone (iPhone 7 onward) compatibility. August 28: WaBi announces partnership with HiNounou (a connected healthcare and intelligent data platform) to provide healthcare-focused products and services to senior citizens in China. We join the shortlist of prestigious HiNounou partners, which includes AXA, Ping An, Bayer, and ZTE Angelcare. This partnership opens our retail channel and WaBi up to a whole new industry, and a significant new demographic: China’s elderly (which comprises over 230 million people in China), their immediate family, and care takers. September 5: Wabi announces rebrand including: *New brand names have been finalized *New logo, design language, brand color pallet developed *Requisite domain names have been acquired *IP registration is on-going *PR agency for China and abroad (B2B & B2C) has been engaged *Press narratives have been developed *Target media channels have been identified *New label design and features are on-going *Website development is on-going The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above. ***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)
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by CryptoTradeSignals
$WABI #WaBi - FULL ANALYSIS - an example for overlapping FIBSHello Lads and Ladies, Today we are taking a look at WABIBTC as it has been requested already today. Starting off with the daily we can see the over all situation that we are having right now. WABIBTC has been in a steady downtrend and staying pretty constant under the middle of the Bollinger Bands. As the distance between the chart and the middle line got too big around 5 days ago, WABIBTC has started its increase towards it again. During this increase we have seen one day of literally rocketing but of course that has not continued and looking at the daily the candle still closed in a normal manor. Right now, it seems like it is getting rejected from the middle line and having a negative close today. ANYHOW, the current situation looks very bullish to me on the daily. The reasons for the bullish mindset has a few reasonings. First one is the historic RSI data. WABIBTC finds itself in its low regions of RSI points and has been increasing since the last low at 5100 sats and 23 RSI. Taking a closer look at the RSI, we can see that it has actually broken its downtrend and now is testing the 40 point support and resistance line. Should this line become support, then it is going be heading to its very bullish regions of over 52 points. Now taking the downtrend itself into consideration, we see that WABIBTC is coming to an end of it and is getting ready to leave it, especially with the increasing indicators. Nevertheless, using the Fibonacci Retracement, we can see that the first stop is the 78.6% line, where the downtrend resistance and the and the middle of BB are all merging in this area, which puts a lot of resistance for one time for that area. YET, this does not mean that WABIBTC will hit here and continue its downtrend. It actually looks very much like that we are going to "repeat history" and see it testing the 61.8% fibs line. From there on, we will have to see what happens and if we can actually completely reverse the trend, or if this was just a simple retracement. In addition, looking at the Fibonacci Retracement that could be used as well and overlapping this one with the previous one, we see very clearly that its 78.6% line is exactly the same as the just mentioned 61.8% line. This indicates a strong pull of the chart towards this line. Taking a look at the 4h chart, brings me to the final decision and statement what is most likely to happen. In my opinion, we will see just one small pullback within the next few days, so we can go shortly under the middle of BB on 4h and on the daily reject at the middle of BB and just get a little more momentum and volume to actually break this strong resistance. After breaking resistance,we might get fast to the overlapping fibs lines at 7500 sats. From there on, I am sure that we will see a bigger pullback to the regions of 6000 sats again and then start the next big push towards the "big scale" 61.8% fibs line at 9400 sats. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Fell free to request TA for ANY coin you are interested in!!! Cheers, Tomas
WLong
by KongTrading