This was after they announced their partnership with Deloitte to regulate ICOs. Regulation will become the key towards successful projects. So this is fundamentally a great and unique feat. I believe there is much more fundamental news to come this month.
Technically WAVES broke out of its long term . The crossed the trendline as well. The has also crossed and is green at this point. We are close to being overbought, so price might move a bit sideways along the trendline coming days before we see a continuation of the upwards move. The has increased tremendously last few weeks, so any good news might ignite a nice spike upwards.
First two targets are on the chart.
Looking for a first target in the blue box, after which it might retest the trendline again in a sharp correction before fully going up. Still lots of news coming for waves.