- market structure on daily is uptrend
- price condition based on pairing daily MA and Weekly MA is strong uptrend
- the nearest support is at 29.56
- the nearest resistance is at 34.71
- buy on golden area fibo
- TP 1 is at level 1 fibo
- TP 2 is at level 1.5 fibo
A good opportunity yo buy WAVE and the possible increase of this currency in the next few days.
it is recommended not to enter into a deal before breaking the red line.
price is likely to react to PRZ the potential profit it between 7% and 20%.
It is without question that this is an ascending channel.
We have seen price move along this channel for quite some time.
Price has successfully traded to the bottom of the ascending channel.
Would we go back to the top? The current candlesticks are indicating bullish sentiments and could set off for the highs soon.
Waves Trend is Bullish and it is moving inside a Channel. It is very close to break the trend and will form big bullish candles. Catch the bullish move before this breakout.
Take your profit at the top of the trending channel.
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Entry Price: 3.4884
Take profit: 3.1580
Possible gain: 9%
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As you can see on the chart, both EngineeringRobo and I are both bearish about WAVE at the moment.
If you're holding WAVE, you should be selling right away with the descending triangle shape emerging in the chart.
If you're looking to buy, you can buy at the support level (1.033) or wait for EngineeringRobo buy signals.
What ever level you choose to buy or...