WAVES: Pump Over or Continued Bullish Momentum incomingWAVES over the past several days have been pumping, with yesterday's momentum seeing close to 60% netted before a reversal. Does this look like a dump is incoming or continued bullish momentum following a cooling off period?
What do the charts show us?
Bullish
On the daily higher time frame, it appears that over the next several days the 15,55&90 MA will be crossing-over this can lead to the $3.39 resistance being re-tested.
Accumulation has fallen, however this can be a cooling off period.
Waves has been rejected from dumping at the 0.618 line, this can be seen as to fill the gaps at $2.025 before a further pump just as what occurred on the 3rd of December.
MACD illustrates continued momentum, with bearish volume not being enough to see a down-trend incoming.
Twice the 0.618 fibonacci at $1.88 has been re-tested, with each time failing to see a dump.
RSI Stochastic on the lower time frames appear that $2.38 will be retested today at the least.
Bearish
A third re-test of the 0.618 fibonacci before a fall below $1.88 would see it go to fill the gaps to the 0.382 to be filled. This is been based on positive momentum and heavy buy-side volume to be unlikely.
Nouvive Says: WAVES looks likely to re-test the resistance and local high of $2.386, based on higher time frames positive momentum, it appears that there is a chance that it will break the 200MA and go to the previous high of $3.39 before falling from there. A break below $1.70 would indicate that the pump is over.
WAVESBTC
Strong fall for Waves in the Bitcoin pair until February 2019After all this high of the Waves in the pair Bitcoin
We will witness a very strong fall as it was with Nano
This fall will last until February 2019 leading to a value of 0.0003
Trying its hardest to hit max B wave with the wicks this time rsi diverging when we break below 60 rsi id watch out
WAVES WAVESBTC
Elliott Waves 12345, target min for 5th Wave - 5950 sat ~ 10-15% from now. Broke good resistance line and after test go up.
Catch any $WAVES?Looks like there's a few more $WAVES coming, could be tidal waves for all I know, but first is a likely retest of support.
WAVES is upOver the past 24 hours, there has been a notable 20% increase in USD value, as well as increase in BTC value. Both of trends are obviously bullish.
This gives Waves a significant edge over the competition at this time, although other markets may show similar momentum moving forward.
Although the current movement is bullish, it can take time for the price surpass $2.
WAVES Breakout PlanHigh rish high reward setup in play for WAVES at the moment. Having recently had an 80% rally we can see that a correction is ongoing, i'm looking for entry zones where I would enter a long position, if I see a reversal sign in the zone. The stop line on the chart could be raised to the ascending 0.236 fibonacci line (in blue) if WAVES breaks above the resistance line at 0.00045 satoshis.
Not an expert, not financial advise, just recording my ideas for my own development.
Feedback and corroboration welcome.
Biffy
Waves (WAVESBTC) Does 58%+ In 11 Days (Room 4 More?)Waves has done great in the past few days, increasing over 50% in value. Is there room left for growth?
Today we are likely to go as high as EMA100 (blue) line max and retrace from there. Depending on how the retrace goes, there is still plenty of room left available for growth.
If you look at the weekly chart, this looks like just the beginning...
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Thanks a lot for reading.
Namaste.
WAVES super narrow channelWhen Bollinger bands sqeeze into Keltner channel it means that a huge move is coming. I'm not ready to give any predictions for direction in this bear market, but in this situation we can put a tight SL and secure the risks, while potential for good profits is still very good. We may see spike towards 2800 which is ~9-10% profit.
I have found the solution of the "waves" chart Just lay back and enjoy my elliott waves analysis!
looks like we have finished the 5th wave of the bearish (12345) impulse wave.
A trend reversal in the whole waves(coin)/BTC chart is highly possible in my opinion
A new bullish long term (12345) impulse uptrend waves could start in the next few weeks!
Look at the different colors , the arrows and the description in the chart and everything should be clear
best wishes!
WAVESBTC a nice Double BottomAt the 2-hours timeframe chart we can see a partially formed Double bottom pattern. According to the Technical Analysis there should be a reverse soon in the short term. Stoch RSI is in the oversold zone, Momentum is Bullish while SMA and EMA are going to indicate "Buy state" soon. The possibility of the second bottom to be formed is high, thus the pattern will be finished.
Technical analysis is positive at the moment we can see a rise to the 0.000274 level soon where our free target is located. Up from this point the price can be pumped which will help it to penetrate Ichimoku clouds.
Nevertheless then we will see a volume contraction and subsequent corrective price movement.
$WAVES Has Bullish Divergence With RSI In Oversold TerritoryLooking very promising. The 12 hour chart shows bullish divergence with RSI in oversold territory, confirmed on multiple time frames. Price bounced off of the bottom of the descending wedge, and is finding support on a major daily level.
WAVES BTC H4 BINANCE UP TO 70% UPSIDE INCOMINGWAVES BTC H4 BINANCE UP TO 70% UPSIDE INCOMING. LOOK TO BUY DIPS SOON.
WAVESBTC ONE MORE LEG DOWN?Hello guys!
Looking at Waves it seem to be on a corrective structure ABC of Wave 4. Once this structure is finished Waves could go down @ around 0.00018101 area or even lower @ around 0.00014000 area between 60-100% lower than it is now.
After this completion We most probably see Waves making new all time highs.
I would update the charts as soon as the market makes a decision.
More deep analysis coming your way of all major and popular Cryptos!
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WAVESBTC [Daily] More weakness coming....For now looks like we have had two corerective waves up and more weakness is coming.
To invalidate bearish scenario close above 0,00045 is needed