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DanielTradings

Waves moves on waves

Short
Waves / TetherUS PERPETUAL CONTRACT (BINANCE:WAVESUSDT.P)  
DanielTradings Updated   
BINANCE:WAVESUSDT.P   Waves / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Technical Indicators
3
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trendanalysis chartpattern indicator
Divergence occurs when an indicator and the price of an asset are heading in opposite directions. Here I showed the opposite directions of RSI and price in the timeframe of 12h. RSI divergence shows us that the current trend is losing momentum and the conditions are setting up for a trend reversal. DYOR before any action!
Good luck
Comment:
The WAVES token is issued by the protocol with ties in Russia. This kind of pumping and price increase due to the buying by a country under sanction will manipulate the market which eventually leads to the regulatory issues
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