Is WAVES about to explode?

Explode it did. Now broken out of descending triangle on the 1-day chart. Let's see if volume continues into the 3-day chart. Looks likely, Upwards and onwards.

Volume now showing on 3-day chart. Major trend lines indicate targets.

Kaboom! 100% gain in 6 days ;)

As you can see from last uptrend the surge spent some moments before continuing to the first trend line.

Drops to this strong support before moving upwards and onwards..

Blue circles indicate where we are in the scheme of things. If history means anything, I'm holding until March at least.

Beautiful watching history repeating itself. Was half expecting some bounce back from the next support level but it never happened. Onwards and upwards it seems, for now.

Kaboom - almost at first major support & resistance

About to test a strong support area on the 3-day chart. Can count 6 tests of support & resistance over the last 12 months at this level, it is unlikely it fails to hold on this occasion.

Next stage up about to begin, waiting on two things.
1) Confirmation of support on the 20 week moving average
2) Volume

The 3-day Stochastic is now showing a crossover to the upside with an evident golden cross. A good moment to take a position.

Price / volume bullish divergence forming. Still could go a lot lower. Until the BTCUSD party is over alts/BTC pairs will continue to get hammered.