blockchaintrends

WAVES Double Bottom

Long
BINANCE:WAVESBTC   Waves / Bitcoin
WAVES was farmed double bottom at 778 sats. Uptrend closed above EMA 21,50,100 periods. Potential retest EMA 200 at 921 sats and 0.382 fibs level 947 sats.
Was hold above green support line.
Volume: of buyers increased, confirm bullish price action.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
Pattern: Double bottom at 778 sats.
S/R: Support at 850 sats, Major Support at 778 sat, Resistance at 950, Psychology Resistance 1000 sats, 0.618 sats Resistance at 1051.

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