WAVES are still in consolidation channel after +360% price boost experienced in November-December. Right below current price is a solid support zone between ~7050 and 7250. While there are no guarantees price will bounce, if it does, we may expect 10-20% profit + potential parallel channel breakout, that will lead to new higher highs in 2019.
Today I saw a bad signal for investors WAVE coin. Wave growth was very fast and unreasonable. This growth is similar to the company's marketing. Be careful with this cryptocurrency now!
This is not a trading signal. It's my opinion.
EL INDICE HABRIA TERMINADO EL MOVIMIENTO CONTRATENDENCIAL EN EL DIA DE AYER, ALIMENTADO POR EL INICIO DE LA SECUENCIA TRAUMATICA DESCENDENTE DEL MERCADO BURSATIL EMERGENTE, EL CUAL HABRIA COMENZADO ONDA C MAYOR EN BUSQUEDA DE UN DERRUMBE QUE ALIENTE A UNA CRISIS FINANCIERA EMERGENTE EN EL SEGUNDO SEMESTRE DEL AÑO.
SIN LA FUERZA DE LOS GRANDES EXPONENTES, Y...
. WAVES/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. There is a possibility of temporary retracement to suggested support zone (0.000700 to 0.000610). if so, traders can set orders based on Price Action...