All the details can be seen in the chart above.
- We can see a massive break of EMA50 since there is no nor long wick... A "passive break" of resistance usually means that the momentum will come later on.
- The is on the side. We have been seeing the for quite a while, since February it was below 0, now it is above which is .
- The is strong at 60 and moving above all resistance, can easily move higher.
Conditions for change
If WAVESBTC moves down and closes below EMA10 (0.0001089), then it has the potential to test the last low at 0.0000959. The next move depends on how this level is handled.
We are on Waves.
Thanks a lot for reading.