Welcome folks to my trade setup on WAVES/USDT.
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Here is what I see with waves:
1) We've been in descending channel for quite some time now, recently retesting the lower boundary and now the upper.
2) The red box I drew out a few days ago, and we see that waves is experiencing enough resistance to stop it dead in its tracks for almost a week now. This red box represents a key a zone of resistance (from...
Priceline of Waves / US Dollar has formed a bullish Crab pattern and entered in potential reversal zone.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.6396 to 0.5740
Sell between: 0.6905 to 0.8128
Regards,
Atif Akbar (moon333)
WAVES / USD TA
We are currently in neutral zone. If we will be able to breakout of it we would be looking at over 20% in profit short term. If we see downward pressure we will most likely be moving towards double bottom at $1
This should not be over 5% of your portfolio.
