Now that the stop-loss has been activated for thousands and thousands of traders, Waves can start to grow.
Yesterday we had the highest buy volume since June 2022, this as WAVESUSDT breaks above EMA100.
This pair is still trading below MA200 but the picture is already clear. With the strongest RSI in many years, Waves is just ready to grow for months.
A major downtrend line has been broken as well. The whole drop in December and early January is just the stop-loss/liquidity hunt event.
This always happens before a major bullish wave.
It can be also called a shakeout or any name you like... But when you see a strong crash followed by an even stronger recovery, that's the signal that the downtrend is over and its time for growth.
105% is the easy target. 300% is the main target on the next bullish jump.
It can grow many times more in the long-term These targets above we should expect to see within months. (Sometimes less, sometimes more).
How u doing
If u remember me :)
Still following u
Got in this trade a bit too much too late
Got stuck in it
I got in way over 2.80
How does it look like !?
Pls