Waves
Believe it or not, Bear Market is almost finishedhello traders
Bitcoin is outside its price range and approached a strong retracement area that is difficult to pass (MONTHLY IMBALANCE _ RESISTANCE BECOMES SUPPORT _ NOT FRESH DEMAND)
At least for the next period, Bitcoin will return to its price range, and there are other TARGETS that it can reach
US 100 Analysis Price action
support and resistance
market structure
impulse wave
correction
break out
BTC and complete the declineWolfe waves and the transverse demand zone:
Shapes drawn on the chart:
The orange region: Strongest Quantumes Area at the present time, which is current transverse area limits
The red zone and the green zone: weak trading areas that are not accompanied by quantities
The blue circle: the confluence of the fourth wave with the current strongest demand point and touching the sub-uptrend (the leg of the ascending triangle)
The blue line is the price breakout point at the 2020 high towards the 2021 high (69K), and the same time is the strongest demand area in this current drop from the Bitcoin high.
Intermittent red trend: the target of the triangle is based on the waves of Wolfe
The fifth wave is expected to be short as it faces the point 20361 which is considered a strong resistance as the price is likely to retest it after breaking it, as well as the middle point of the side of the fourth wave considering the unified (angle of the five waves of this triangle 47°), then after that it is expected that the price will fall to The target of the triangle according to the Wolfe waves (dashed red line), which also coincides with the previous idea attached, where it targets the first retracement area shown there.
If this path is achieved, it will be updated with a new idea
WAVESUSDT 1DWAVES the formation of the LTB (downtrend line) is religiously respecting the cloudiness of the cloud. one of the factors that can lead the asset to meet the MM200 , forming an upward pattern. Another reason for the LTB crash is the fact that WAVES from the top to date has already corrected 94.24%, when it reached $63,880.00.
Supports 1H: 3,056 / 2,835
Resistances: 1H: 3,419 / 3,909
Fundamentally: Waves was initially designed to facilitate the transfer of fiat and cryptocurrency and to optimize asset tokenization. Users can deposit various cryptocurrencies and fiat currencies using the Waves Platform through external “gateway” service providers. Elevating itself as a pioneering project running on the Peer-to-Peer network, Waves has immense benefits to offer, viz. shared relay and parachain security, including impeccable governance. Enhanced infrastructure allows for abundant staking and operability functionality.
These assets can be sent over the Waves platform as tokens and then withdrawn back to their original fiat or cryptographic form via a gateway. All of this can be accessed by downloading the Waves extension in your browser.
WAVES is the native token of the WAVES blockchain, its features:
• governance over the network,
• staking
• bonding.
AVAX wave 5 impulse on the MTF wave stochastic indicatoranother example of how to interpret the waves with the help of the MTF wave indicator. you can see wave 5 starts with MTF being oversold. you mainly need to look at the green curve which then forms a wave up, then diverges at the top with a tap up from gray and blue time frame stochastics, followed by more green stoch wave decline as well as a clear entry for short through that last fakeup . for those who dont know, the fakeup is when gray stoch bounces up alone with a clear gap between it and the blue stoch.
Waves Cup And Handle Moon Soonhey guys as you can see in the chart #Waves if forming cup and handle pattern
You can Buy Now
4.2$ is my target
Remember always DYOR !!
Good Luck to all of us
WAVES SPOT SWING TRADEI will be loading a good amount of WAVES on this green box.
I can see waves hitting 200%+ in the coming weeks to retest the trendline if btc remains above 20k.
NFA