💎 WAVES has recently undergone significant market dynamics, breaking out of a descending channel and undergoing a retesting phase at the trendline. This suggests a readiness for continued upward movement towards the next target resistance at 2.65.
💎 Should WAVES successfully break out of the resistance area as well, it will probability pave the way for reaching...
#WAVES #Analysis
Description
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+ WAVES formed a nice saucer pattern on 1D chart and the price is heading towards the resistance
+ Breakout from the resistance will results in huge pump in the price and its a perfect opportunity for us to enter a LONG trade
+ I'm entering the trade after the breakout...
#WAVESUSDT 1D
In the daily time frame, the views are between the two ranges of supply and demand. For the bullish scenario, the resistance box must be broken up, in which case the resistances ahead are 2.93, 3.23, and 3.88.
A four years long rising trendline is working as support for WAVESUSDT.
This trendline was last challenged in early June 2023 and Waves moved to produce higher highs and higher lows —this is a major bullish signal.
Another very strong development is the weekly move above EMA50, which is happening now.
This is the first time in almost 5 years that WAVESUSDT moves...
I was thinking of the chart signals and pattern but thought it would be better to focus on the targets for this one, Waves.
WAVESUSDT has been trading near bottom prices since January 2023.
We had to minor bullish moves through the year but nothing big, things are about to change.
After 11 months of consolidation (the whole action from January through present...
#WAVES looks ready for a big move. Price broke the MA200 on 3-days chart. Now it is trying to break the symmetrical triangle to the upside.
Targets are:
$3.199
$3.813
$4.498
$5.080
** re-post from December **
On the above 4-day chart price action has corrected almost 100% since the sell signal in March (not shown). A number of reasons now exist to be bullish , including:
1) A strong buy signal (not shown) on both USD/ BTC pairs.
2) Price action is now testing a significant line of support and resistance . On both USD and BTC pairs...
Looks like BINANCE:WAVESUSDT is extremely close to a strong support level on a higher time frame, this is a good buy opportunity for traders and long-term investors.
However, if you are scared to open a long position now, you may wait for a breakout and use it as confirmation.
What do you think about this analysis?
If you like my analysis, follow me now for...
WAVES after the pullback can potentially continue the up trend.
🔵Entry Zone 2.359 - 2.420
🔴SL 2.264
🟢TP1 2.527
🟢TP2 2.868
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#WAVES/USDT Analysis
Description
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+ After gradual crash over the month, we are seeing a decent bounce back in the price
+ If this bounce back is really a next leg of the long trend then we are looking the price to reach next major resistance
+ If the bull trend we have multiple minor resistances and...
decent reaction from 200 ema
7 ema comign to cross it do as long as we stay above that we good to go up
HTF chart looks like its time for some relief along with dominance thesis of it doing a deviation and making a LH so got some here
expecting a scam pump to @2.890 at least
In line with my strategy, I initiate a short position ahead of the market. If the first position proves unsuccessful, I then open a second position at a specified level.
I've decided to include this coin in my portfolio as a technical rebound appears imminent for its price.
There's been aggressive accumulation of the coin within the current range, suggesting significant interest. While the source of this accumulation remains unclear, the involvement of a market manipulator seems apparent.
- Not financial advice, trade with...
Look carefully at the line where Waves gets a reaction. We will all watch together whether there will be a big leap from here or whether it will be a routine reaction. It waits patiently in my spot wallet
