WAVESUSDT is testing the 1.518 Fibonacci level
Updated
The price created a double bottom on the daily support on 8.26$ and got a lot of liquidity
Mow the price is testing the 1.618 Fibonacci level, so we could see a retracement until the previous ATH as new support
How to approach?
We are waiting for the retracement until the previous ATH as new support, and We analyze again for a new long position if the price is going to satisfy our rules
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Mow the price is testing the 1.618 Fibonacci level, so we could see a retracement until the previous ATH as new support
How to approach?
We are waiting for the retracement until the previous ATH as new support, and We analyze again for a new long position if the price is going to satisfy our rules
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Note
The price starts with the retracement. The valid support is 42$ so farNote
the price lost the support and it's melting32% so far
Note
The price needs to hold the 4h support or We could see a retest of the monthly support on 21$Note
38% so far.The Next valid support is 21$.
Note
We made more than 43% since my call. If the price is going to lose the 28$ support and the market is going to satisfy our rules, we could see a bearish impulse until the 21$
Note
53% so farTrade closed: target reached
76% 
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