Waves a staged an impressive double-digit upside rally as the new trading week gets underway, leaving the cryptocurrency on course to post its largest daily advance since early July this year. The recent rally has also helped the WAVES / USD pair to break through a series of key short-term moving averages.
After moving to a new all-time trading high in late 2018,...
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.
Waves / USD Short-term price analysis
Waves has a bearish short-term trading outlook, with the cryptocurrency now trading at its lowest level since December 2018.
The four-hour time frame shows that a bearish head and shoulders pattern has been triggered, with the downside breakout yet to reach its over overall target.
Technical indicators across the four-hour...
Wawes is one of the few coins with strong fundamental data. We already saw the rally in November-December 2018, when Bitcoin and other coins did not show strong growth. Now, even with a small season of altcoins, we can see the indicated prices.
Waves / USD Short-term price analysis
Waves has a bearish short-term trading outlook, with the cryptocurrency trapped around its current 2019 trading low.
The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated, with sellers holding price close to the downside breakout point.
Technical indicators across the...
Waves is gradually getting power...
Although the uptrend is getting started, it's more suitable for investors..not traders..next wave will take more time to turn into a pump since the RSI in weekly chart (although not really clear due to lack of history) should rise from an oversold state..the real buy zone, for a faster pace, starts when RSI crosses up 50...
BTW,...
Looking at usd pair show that we might be at the bottom of the btc pair also. We got some sort of event playing out every 200ish day. And we are almost there. Note in the yellow circles and the new support line we do start curving up on the log scale. The arrow shows 1, 2, 3 break and close over EMA10.
If weekly candle closes under support line it will...
*****I'll update a thread in comments if bitcoin creates further pullback**** but here's my targets breaking out this range. Add another 100% for T2. Safest way to play this is a limit buy order above break out and put stop under white box (confirmation play) or place stop under first red box.
Previous resistance on the 20 week / 150 day moving average has now become support after the first life cross on this 3-day chart. A strong signal in its own right and now Stochastic RSI is seen sharply moving to upside with higher lows produced on the RSI .
Hi, today we are going to talk about WAVES!
In this chart, we observe an excellent opportunity of buying in the long term (Time Frame: D1). Details are highlighted above.
Thanks for reading, and have good trades.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
