currently wabi is testing the last white trendline which was a resistance for a long time now. its tested and confirmed as a support .
you can buy from suppport rejection trendlines and sell around the next resistance trendlines - which are not alot .
- green trendline support
red trendline resistance
yellow and white trendlines are take profits .
-------
i expect macd to go down in volume with alongside the MA;S
while the cipher would go up with the VWAP and creating a bullish divergence .
i also expect a breakout around sept-aug .
in a event of a fakeout to the downside buy orders are -
buy order - 0.142800
buy order 0.1086600
------
if current trendlines hold buy orders are
buy order 0.1876700
buy order 0.282500
and if case u missed it buy order 0.4500
---------
take profits are :|
1st tp-1.57900 20% (you could use them to reinvest in event of a support test )
2nd tp-4.0720 50%
3rd tp- 166 and above 100%
you can buy from suppport rejection trendlines and sell around the next resistance trendlines - which are not alot .
- green trendline support
red trendline resistance
yellow and white trendlines are take profits .
-------
i expect macd to go down in volume with alongside the MA;S
while the cipher would go up with the VWAP and creating a bullish divergence .
i also expect a breakout around sept-aug .
in a event of a fakeout to the downside buy orders are -
buy order - 0.142800
buy order 0.1086600
------
if current trendlines hold buy orders are
buy order 0.1876700
buy order 0.282500
and if case u missed it buy order 0.4500
---------
take profits are :|
1st tp-1.57900 20% (you could use them to reinvest in event of a support test )
2nd tp-4.0720 50%
3rd tp- 166 and above 100%