$WABI – Bottom curving with divs.
TAEL / US Dollar (calculated by TradingView) BINANCE:WABIUSD
This chart isn’t well adapted to EWT . When I see charts like this I like to let it play out a lot longer before I put waves.
However its always reasonable to assume that the retrace might hit the .618 retrace and that’s where I drew my TP box, assuming the bottom is in.
There might be another retest of the descending trend line , but I am expecting a bounce in the near future.
