MyCryptoParadise_Nathan

WAVES/USDT Break Alert, Ready for the next upward Movement ???

BINANCE:WAVESUSDT   Waves / TetherUS
๐Ÿ’Ž WAVES has undeniably piqued our interest. Currently, WAVES is navigating a pivotal resistance zone, defined by the falling wedge pattern and an adjacent local resistance. For a bullish trajectory, WAVES needs to surpass this resistance and re-establish the previous support zone.

๐Ÿ’Ž A prudent approach would be to await a confirmed breakout with a candle close above the resistance. If this unfolds, WAVES could embark on an upward journey, targeting the supply level at $1.55. Breaching this supply is essential for WAVES to approach the major resistance zone.

๐Ÿ’Ž On the flip side, if WAVES struggles to overcome the pattern and the local resistance, it might retreat to the demand zone to gather momentum. However, this could be a fragile stance for WAVES, as there's a risk of breaching the demand zone, potentially propelling it further down towards a critical support level.
Trade closed: target reached:
Just like clockwork, #WAVES is tracing our forecast, hitting that sweet 44.68% growth mark.


Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREE๐Ÿ‘‰ t.me/+IaNzEzXsdiBlNDg0

๐ŸŽ–๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐Ÿ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.