Have a look at the chart In December where we had a Golden cross between the 7EMA and 100MA WAVES shot up 302% in 17days!
We are now at the other side of the trend. Waves has completed a Death cross between of the same EMAs. (Opposite of the Golden Cross)
Declining volume, BTC unstable, I'm bearish on WAVES.
First target- Blue Box, if this level...
It has have been accumulating in this tight range since late November. PA has held nicely above the 55EMA & 100MA the last few days. It has broken down-trending channel for few days now, expecting some bullish price action. Obviously BTC has to play nice. Idea is for a swing trade.