BINANCE:WAVESUSDT.P   Waves / TetherUS PERPETUAL CONTRACT
#WAVES/USDT
$WAVES is inside a triangle that is below a long-term triangle.

🐻 if price follow the previous triangle it will breaks down the lower line to touch the descending trend lines around $3.5 and $3.2, and break down from $3 will drop price toward last long-term support around $2.

🐮 holding the lower line of 4h triangle will increase price to break out from long-term descending resistance to reach resistance zone around $4.2 and will increase more toward upper trend lines.


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.