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evasivesteering
Jan 25, 2023 9:28 PM

WAVES can make 50% from here Long

BINANCE:WAVESUSDT2D
Waves / TetherUSBinance

Description

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WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon.

It's likely that a H&S pattern is going to be formed.

With this scenario, I think that WAVEs would make 50% profit from here.

The referenced TP is the MA 200D level and the SL should be below EMA 50D.

Comment

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WAVES has increased 15% since entry although BTC is going sideway.

Prices are at the neckline of an inverted H&S...

Comment

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WAVES is leading the market. The breakout of the neckline is nice

Comment

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A H&S pattern was formed . The neckline had been broken and successfully retested.
WAVES is going up toward the target

Comment

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WAVES strongly bounces today. Let's see if target would be reached soon

Comment

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WAVES is moving again. May be the last move to target?
Support and ResistanceHead and Shoulderswaves
Comments
meveme
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Not enough volume
evasivesteering
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@meveme, yes, i can see. I'm quite concerned about longs on these days, especially when BTC has LH-LL structure (2H TF). Certainly, except some strong coins like MASK...
meveme
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@evasivesteering, on 1H is looking good. Grinding on EMA12 and holding as a resistance. My opinion can’t break that one therefor one way and it is up.
meveme
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@evasivesteering, holding as support. Sorry
meveme
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Waiting patiently
InkyGrip
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Nice work my friend! WAVESUSDT is ready go more up
evasivesteering
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@plancton0618 Yeah. Thank you!
ProjectSyndicate
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perfect perfect. great target
evasivesteering
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@ProjectSyndicate, Thanks. Let's see how it manages to get there
Space-Water
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Easy trade, good TA, thanks
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