WABI/BTC
Strategy: Cup & Handle forming on the weekly chart. Volatility reaching historical support which is in line with a C&H pattern and further indicates continuation. ADX showing a strong uptrend with squeezing DI's. Stop loss set to next line of support. This trade could take up to 1 month.
Buy Around - 4534 - 4821
T1 - 5787 (24%)
T2 - 6884 (47%)
T3 - 8236 (77%)
Stop-Loss - 4159 (10%)
Risk / Reward
T1 - 1 / 2.1
T2 - 1 / 4.2
T3 - 1 / 6.9
P/L Opportunity
Upside: 24 - 77%
Downside: 10%
Strategy: Cup & Handle forming on the weekly chart. Volatility reaching historical support which is in line with a C&H pattern and further indicates continuation. ADX showing a strong uptrend with squeezing DI's. Stop loss set to next line of support. This trade could take up to 1 month.
Buy Around - 4534 - 4821
T1 - 5787 (24%)
T2 - 6884 (47%)
T3 - 8236 (77%)
Stop-Loss - 4159 (10%)
Risk / Reward
T1 - 1 / 2.1
T2 - 1 / 4.2
T3 - 1 / 6.9
P/L Opportunity
Upside: 24 - 77%
Downside: 10%
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