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Dagmar_Nieft
Jun 1, 2022 10:13 AM

Waves has waved a "Dead Cat Bounce" 

Waves / TetherUSBinance

Description

Happy Wednesday, Dear Swing Traders!
A very interesting price move we are currently experiencing on Waves. In fact, out of TOP 100 this coin has obviously managed to come to the stage of "DCB" (dead cat bounce) as the 1st one! The absolutely critical for DCB are: a small time-frame (one hour here) and a long weakness formation (the rising wedge here). As you can see with the current target highs @12 we are then likely to see the price @3, 2 and even 1 dollar. Enjoy watching DCB which you can bump into on quite a rare basis.

Yours,
ICBF Swinger Dagmar
Comments
bayanagarisaieswar
It will rise above 10$ to night yes r no
Dagmar_Nieft
@bayanagarisaieswar, As I said, Max might be 12 or 12.50...the wedge shows the target. However, the wedge is the wedge & the "sweet zone" of it is also in place.
LRintrade
@Dagmar_Nieft still change to growth again to 12$? TXH
Dagmar_Nieft
@TEAKA777, No change. Where did you take any change? The target on the wedge shown is appr. 12 dollars. That's it.
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