Technical analysis by sholi_software about Symbol WBT: Buy recommendation (12/5/2023)

sholi_software

Don't show it to anyone, so that there is someone to sell it to at a high price!Decided to compare asset charts to both BTC and USD pairs.It’s interesting that even the charts with BTC pair are very similar: in terms of timing, visually, etc.LEO — token from bitfinex that makes a buyout of tokens and burns themWBT — a token from whitebit, makes a buyout of tokens and burns themLEO — does not have a futures pair, only spotWBT — has no futures pair, only spotLEO — BUY signal on Real Charts from the SemanticRSI indicator after the first correction. After that, there was constant slow growth (I think due to the constant redemption of tokens). Then strong growth in the active market +850%WBT — the same signalLEO — launch in 2019 at the bottom of the marketWBT — launch in 2022 at the bottom of the marketInteresting: perhaps strategic m-making is like in football, there are certain strategies of the game that are chosen according to the technical and fundamental characteristics of the team Details: assets don’t have much liquidity. You may say "this is a problem!". However... study the trading volume of LEO. You will see that during the period of slow growth, the volume was ~$15 million/day, and then it grew as actively as possible throughout the year with a volume 10-15 times less.PS: +850% growth for WBT is a price of $50+ 😳