Waves is setting up for a big move. Price is currently in equilibrium, making lower high's and higher low's.
Volume is dropping, wait for a break and volume spike !
An update to previous idea. Looks like this will play out. Please like the idea and follow me if you find value in my analysis.
Target 1 mapped in previous idea.
Will post FULL TRADE Setup for Target 2, one Target 1 is confirmed.
-Shobhit
Clean ABC zigzag with perfect hit on the medium line of the channel on the USD pair and bottom line of the channel on the BTC pair.
Then clean break of the channel with strength --> To the moon
Wonderful Volume back back breakout of WAVESUSD pair on Wabar Explosion Indicator.
ENTRY : Retest of Channel
TARGET : $1.75$ (highly probably)
$1.97 (catching the wick)
STOP LOSS : Tight stop loss to previous swing high $1.20
Enjoy. Please support the idea if you find value. :) thanks.
first this is advice for: WAVES, XLM and UVU.
WAVES: cant keep the higher price in past and most possible for it is to stand on sideways levels as in my chart box shown,
XLM: shows positive reatcion after drop till #13 position in ranking and get back his valueable place
UVU: got big plans for next few weeks and want sell >10m coins for his investors. Read...
Technical analysis:
. Waves/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.7760 to 0.5160). if so, traders can set orders based on Price Action and...
as fellow traders, we all know, when there is a surge in prices, or it prints high or low prices. we must wait for the market to subside
Why? Doesn't that mean there are good prospects if there is a price surge upwards, does it mean that everyone knows when it's time for the wave to show its charm?
the answer is, you could be right, you could be wrong. if you...
WAVES / USD
Would I enter this trade? No for few reasons 1. being that there are much better crypto currencies that you could be investing in 2. risk is just not worth it
Will Waves rise over $2?
It is possible given prior extreme volatility we've observed, however it's risky for you to be looking for a fresh entry here.
Downward channel is very strong and...
We're seeing that China's speculation on crypto projects has provided significant buy pressure on select alts (EOS, TRX, NEO, ONT, NULS, for instance). WAVES is on the top 15 of the CCID's Global Public Blockchain Technology Assessment Index (XIII) as of July 2019.
A conservative entry would be upon a break of $1. If we do not go up here, I plan to accumulate...
