Considering that most pairs have shown signs of life from ATL they have initiated a stage 2 long term. Most sellers are exhausted by now but bitcoin's current price will further correct ALTS another 5 to possible 10 %
Draw your support levels and enter when everybody is selling. For the sake of management , start with small position and add back with proper alerts...
On the chart you can see cyclic analysis of this coin. Current time calculation between 19-25.1.2020 should give the power into this chart and start new bullrun cycle.
You can follow this set-up:
1. market entry at current price
2. set limit order into the zone between 1013 and 1025 sats.
3. set stoploss for both positions at 980 sats.
4. set take profits into...
Waves (WAVESBTC) finds support just below the .618 Fib. retracement level for the last bullish wave... This can signal that the retrace that started on the 1-Jan. is over.
As prices for Waves bounced and started to move up, prices went above EMA10/50 and are now challenging EMA100.
We can see increasing volume/a volume breakout, a very strong RSI and a bullish...
WAVES has retraced back into a known buy in entry zone located at 1000 sats. One small green hammer wick hit almost 920 sats (under buy in) but was quickly eaten up by buyers. This is bullish. Not only that, Stoch has been sitting in oversold for days now as the accumulation at this level occurs. I expect WAVES to be at a great buy in zone. 50 is looking to...
This is an easy trade.
Take a look at the WavesUSD chart too. It wants to pop up 20% like this here.
Undervalued, ready to pop, I take it. No financial advice, just my trade.
When btc is stable around 8800, it will pop in usd and when btc drops, waves will hold usd and get btc value. When btc rises, it will hold btc and get usd value in my opinion.
WAVES reached my target zone in the 1600 sats area and has now fallen back to the 200 Day MA. The dynamic support area is the 200MA, this must hold to continue its uptrend stronger.
If WAVES can keep things up moving, I expect a bounce to 1330 region. Bearish side, if the price closes below 200MA, I can see downward action to 1100 levels or lower.
WAVES after 16D of rally is looking for potential correction move if we look at Tenkan and Kijun lines... Rejection from level 0.0001456 was a first sign, weakening impulse signal at RSI was another. At the moment Kijun should be a solid line of defense/support for the price. If it will handle the down force, price can bounce from Kijun and start...
While WAVES stay within uptrend, bullish volume is getting weaker. Therefore we may expect pullback to test 1400 and 1390 support. Both can push price higher and continue uptrend. Falling lower to 1290 support will break the trend and cause consolidation to start within 123-135 channel.
P.S. If I'm wrong and bulls will find power to make another impulse move, it...
Waves (WAVESBTC) continues to show strength and looks like it is about to make a huge jump.
We are already active with Waves and collecting profits, but as usual, this is only the beginning.
The chart above is pretty clear and easy to read... It says, "WAVESBTC is strongly bullish and wants to continue growing".
Here is the previous chart, we are at 75%+ of...