Since BTC dominance is at about 42%, below 45% is considered alt season.
After 50.4k for BTC Waves will see its price action going up around 50% faster than BTC according to the chart. Up to the $40 mark (32% raise from $30.30 today's price).
This will also put BTC is around 57k.
The good news is Twitter accepting now BTC.
Let's see,
Happy trading
WAVESBTC is testing the weekly resistance after a breakout from the triangle. The price is testing the the 0.618 Fibonacci level. IF the price is going to have a breakout from the weekly resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴...
Hi followers,
BINANCE:WAVESBTC formed very nice flag continuation pattern, which developed after an impulsive move up,
The expectations are for another impulsive move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a...
From our last analysis on WAVES, we're 150% up on the longs we took using x10 leverage.
Now price has broken above a key level inside this ascending channel, so we need to watch carefully for a bounce above the level.
If the area holds, then expect the highs of the ascending channel to be met.
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.
I'm a true WAVES bull. I think the stock has performed incredibly well this year and it has held up relatively strongly during the correction. What we see here is a proper cup and handle setup, with line b' as the target price. We did have a breakout in April, but we are now forming a new congestion zone just below resistance at line c'. Every time weakness...
WAVESBTC is testing the 0.786 and the support of the triangle below the weekly resistance. IF the price will have a breakout and retest the weekly resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
Price action backed by good fundamentals and recent developments; ie,waves DEX and USDN as native stable coin in waves blockchain getting more popular in DeFi pools. also not to ignore total value in DeFi assets locked in Waves almost $2bln which is impressive.
Technically though we could see a small drop as shown on the chart in order to end the wave 2 of 3rd/C...
