AlanSantana

✳️ Waves Classic Signals (700%+ Growth Potential)

Long
AlanSantana Updated   
KUCOIN:WAVESBTC   Waves / Bitcoin
We are going with the most classic signals for this one, WAVESBTC.

➖ MA200 is our long-term indicator for gauging the potential of a pair. Above this moving average major explosive growth can happen. WAVESBTC is set to move above this level (black line on the chart).

➖ Double bottom. June and October 2023. At the same time the entire period from June until now can count as sideways/consolidation/accumulation.

➖ Bullish RSI. While WAVESBTC is trading at bottom prices the RSI is already bullish. A very strong bullish signal.

➖ Volume. These are the most basic yet powerful signals. Trading volume is leaning in favor of the bulls. What I mean is that we have higher volume on the green days vs the red days, overall.

👉 Here I am mapping a 700% growth potential but there can be more, long-term.

Don't take this "there can be more" lightly, Cryptocurrency tends to amaze.

Namaste.
Comment:
MA200 is the black line on the chart; WAVESBTC is currently moving and growing above this level, which means that long-term growth potential is active.

I added two more targets for short- and mid-term; 190% and 330%.
Much more is possible long-term, this is only the beginning.

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