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...
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...
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...
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...
Waves is showing signs of possible price stabilization, as the cryptocurrency attempts to break its multi-month losing streak. The WAVES / USD pair is currently trading close to five percent higher on a monthly basis, as bulls attempt a potential breakout above its 50-period moving average on the four-hour time frame.
Calling a potential medium-term bottom in the...
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,...
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