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ignoranD
Jan 5, 2020 3:26 PM

Will it Wave? 

Waves / BitcoinBinance

Description

Hello Traders!

WAVES after 16D of rally is looking for potential correction move if we look at Tenkan and Kijun lines... Rejection from level 0.0001456 was a first sign, weakening impulse signal at RSI was another. At the moment Kijun should be a solid line of defense/support for the price. If it will handle the down force, price can bounce from Kijun and start some consolidation/range market for now. If not we have to wait for Kumo bounce or breakout as confimation of downtrend movement.


Levels to look for:

* 0.0001123
** 0.0001065


Ichimoku signals:

BUY: None
SELL: Wait for confirmation from Kijun - if it will fail as support or for TK cross


***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP***

BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE

Roger out.
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