as you see in chart, price is ready to go up again and a hidden divergence in MACD could be good signal for us to know that the ascending trend is not over yet!
stop loss: under channel line
first target: the red area in chart or the upper line of the channel
Entry Price: 3.4884
Take profit: 3.1580
Possible gain: 9%
What do you think about this strategy, share your comments below;
Make sure to subscribe!
If you enjoyed this Idea hit the Like button and support us!
In previous analysis i described how price hit with an ATH
And I drew three phases called Action Reaction and Resolution
price now in resolution phase and being sent to the new ATH
Crossover strategy,intersection moving averages MA50 (Red line)> EMA20 (Green...
WAVES coin broke the downtrend line. The coin is in a downtrend in the past couple of weeks and has good accumulation of around $2-$2.25 price. The coin shows a clear breakout of the triangle.
WAVES is a good buy around $2.9-$3 price. This coin has great fundamentals. Waves 2.0 mainnet will be launched in early 2021. Buy and Hold this coin for good returns.
If there is a daily close above the orange level, we will head towards the targets shown by the green levels
The stop loss after activating the trade will be the daily close below the red level.
Do not enter with more than 5% of your wallet
Buying around 2.75 - 2.48
1 - 3.00
2 - 3.28
3 - 3.67
Breakdown of 2.37, the price may fall below
✅ f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
Waves has broken the downtrend in the beginning of October. Since then the 4h chart has been drawn higher highs and higher lows. Upward movement may continue after a slight pull back.
There is an swing trade opportunity which may give up to %20 in short term.
as you see
A cup pattern is made
The next Target can be there ( shown on the chart )
You can place your Buy order as soon as the edge of the cup is crossed and tested again
If you liked this analysis, let me know by dropping that like button!
If you have any questions, ask me here !
Until next time!
OtanaTA ( Hamid Mojarad )