Hi, I try to post often so if you could follow and like it would mean a lot to me.
WAVES had a great run but I think that for now a short might be the best position to take. The coin has a bearish divergence in the 4H chart and in the 1D chart. In the 1D chart the RSI of the coin shows that the market is overvalued so that's another bearish factor. Volume is also seeing strong rejections that indicates a selling pressure coming in. WAVES also had 3 invalidations at 35$ price.
I stream weekly on TradingView, and my next stream is on friday at 3 pm UK time. I will be answering all your questions and talking about the market (like I did on my last streams). Be there!
WAVES had a great run but I think that for now a short might be the best position to take. The coin has a bearish divergence in the 4H chart and in the 1D chart. In the 1D chart the RSI of the coin shows that the market is overvalued so that's another bearish factor. Volume is also seeing strong rejections that indicates a selling pressure coming in. WAVES also had 3 invalidations at 35$ price.
I stream weekly on TradingView, and my next stream is on friday at 3 pm UK time. I will be answering all your questions and talking about the market (like I did on my last streams). Be there!