TAEL currency which called WABI declined more than 90% from the highest price at 10306 Satoshi;
There is a good opportunity to go along with currency when the 3 conditions are met:
- Reach the 100% extension before any bounce back.
- RSI creates an uptrend diversion.
- On the weekly timeframe, the currency still can reach oversold.
So what if Wabi against Bitcoin reaches 709 – 500 Satoshi:
We recommend to go long with targets, 1700, 2680 then 3900 Satoshi