This gem may go for another run ?

in #bitcoin7 years ago

After long time i am thinking to start again and active on steem.

Hope you guys are doing fantastic.

Today i am going to share a crypto which i have been following form over a month. I always prefer a crypto which can be used in real life and Wabi is just a coin like that. They have strong foundation and fundamental as well.

We saw that wabi has been growing too fast and after touching its all time high wabi is now correcting its price and for me wabi's correction may be finished and its going for another run.

Screen Shot 2018-01-17 at 2.07.10 AM.jpg

according this chart you can see that wabi is clearly in a downtrend and i am anticipating for a reversal her. if it cross upper line then wabi may touch ATH or it could make a new ATH, but for that market stability is important. FUD is going on and panic sellers are always there to dump their bags. You can see that MACD is about to cross(bullish). if anything worse happened if it breaks lower line then wabi could touch next support line which is 15800 satoshi for me. Still i believe that might break and already they release some news today about using of their product. On the other hand their circulating supply and market cap is low which is not justified for this gem. So i believe its a good investment for longterm.

N.B : I am not shilling it. Do your own research as you know crypto trading is a volatile you could lose your investment. Do your research then invest your precious money. Any criticise is accepted. Everyday i am learning and i wanna learn from you guys also. So my door is open for any comment.

if you like my post then upvote it.

WABI whitepaper : http://resources.wacoin.io/WaBI_Whitepaper_ENG.pdf

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