Waves Getting Ready for 70%+ bullish Wave Seems Like Getting Ready For Massive Bullish Impulse Formed & breaking Descending Channel in h8 tf Incase Of Successful Breakout Expecting 70 to 75% Bullish Wave
Wavescoin
Waves Breaking falling wedge Breaking falling wedge In daily Timeframe Incase Of successful Breakout expecting 120 to 140% bulish Move
If Case Of Confirmeed Breakout Safe Sl Should Below Black Line
BUY WAVES IS A MUST ... 3x easilytake a look on waves on the last quarter in 2017, unbelievable I know !
we are making the same ABCD pattern n mostly at the same period.
Waves already entered correction from $36 on 10th October till now about 47% down.
waves on RSI (1 day time frame ) is about to close 24.5, that is too low !
That level under 25 on RSI hasnt been reached since November 2019 at the bear market ! (on linear scale)
At a strong support key level n buyers will control soon.
Honestly, I think Waves will be the coin of December or January.
U should have some under 20$.
Personally, I bought with 25% of portfolio.
That what is called calculated risk!
✅ buy: 17 - 21 ✅
🎯TARGETS:
1- $28
2- $35
3- $42
4- $50
5- $56
6- $65
7- $77
8- $90
💵 Trade Size: 5-20% of Portfolio
🚫Invalidation(SL): daily close below $15
It Can Be Another Classic Breakout Of Waves CoinRetracement and EMAs:
After a huge rally the price action of waves coin has been retraced between 0.618 to 0.786 Fibonacci retracement level. This retracement can be easily seen in the monthly time frame. Now the price line is testing the exponential moving average 10 on the monthly time frame chart. This EMA 10 is very strong support for the priceline of the Waves coin because previously when the price action tested the EMA 10 then after that we had a very big bull run of the Waves coin.
Bullish BAT pattern:
Now this time on the daily time frame chart, the price line of WAVES has formed a bullish BAT.
As per the Fibonacci sequence of this move the targets can be as below:
Buy between: $12.77 to $12.14
Sell between: $14.29 to $16.56
The maximum extent of the buying zone $12.14 can be used as a stop loss. As per the above targets, this trade has a profit possibility of up to 36%, and the loss possibility is 5%.
Descending triangle:
On the same daily time frame chart, the price action of Waves coin has also formed a descending triangle as well. Now if Waves cryptocurrency will take a bullish divergence from the potential reversal zone of the bullish BAT pattern, then it can also break out resistance of the descending triangle. And in case of breakout the resistance the priceline can be reached immanently to $20.
WAVES formed bullish BAT for upto 36% moveHi dear friends, hope you are well and welcome to the new update on Waves coin
Previously we had a very nice trade of Waves:
Now this time on the daily time frame chart, the price line of WAVES has formed a bullish BAT.
WAVES - WOULD I ENTER? NO - CryptoManiac101WAVES / USD
Would I enter this trade? No for few reasons 1. being that there are much better crypto currencies that you could be investing in 2. risk is just not worth it
Will Waves rise over $2?
It is possible given prior extreme volatility we've observed, however it's risky for you to be looking for a fresh entry here.
Downward channel is very strong and unless we see convincing close over it, I do not see any reason to be 'all in'.
WAVESBTC formed a bullish BAT | Upto 12% expectedPriceline of WAVES/ Bictoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001023 to 0.0001005
Sell between: 0.0001065 to 0.0001129
Regards,
Atif Akbar (moon333)
