Now the bears are almost chased away from the altcoin market it is time to have a look where the tide has turned.
WABI is the first one that caught my eye.
Why?
Because simultaneously:
1. The MACD on the 4h chart showed a beautiful golden cross (see indication)
2. The CCI rose above the +100
3. The price bounced off the strong support to break a falling wedge
I have put out the Fibonacci retracements for you to see my targets:
1. 0,00022525 BTC
2. 0,00026007 BTC
3. 0,00028821 BTC
3. 0,00031636 BTC
4. 0,00035642 BTC
5. 0,00040746 BTC
I have my stop loss at 0,00016897.
Happy trading!
WABI is the first one that caught my eye.
Why?
Because simultaneously:
1. The MACD on the 4h chart showed a beautiful golden cross (see indication)
2. The CCI rose above the +100
3. The price bounced off the strong support to break a falling wedge
I have put out the Fibonacci retracements for you to see my targets:
1. 0,00022525 BTC
2. 0,00026007 BTC
3. 0,00028821 BTC
3. 0,00031636 BTC
4. 0,00035642 BTC
5. 0,00040746 BTC
I have my stop loss at 0,00016897.
Happy trading!