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WAVESETH - A Healthy 20%+ ForecastWaves might be looking pretty close to an area of resistance here, but you got to bear in mind that's a gain of over 20% before we get there! After bouncing off support @ 106 at the bottom edge of the descending channel we've returned with enough strength to push through the top edge of the channel! Can we push a bit further to the next layer of resistance? That'd give us huge gains of well over 20%! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
WLong
by theCrypster
2
Waves the clam before the Storm As such, the falling wedge can be explained as the “calm before the storm”. The consolidation phase is used by the buyers to regroup and attract new buying interest, which will be used to defeat the bears and push the price action further higher. Hence, a falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
WLong
by vel007u
1
#WAVES/USDT 4Hr UPDATE !!Hello, welcome to this WAVES/USDT 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : Look bullish flag pattern in the 4Hour timeframe. In Case of uper trand line break and retest and the , Expect a +90-100% olmost Bullish Waves. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you
WLong
by CryptoSanders9563
Power of the 50MA - WAVESUSDWAVESUSD can be seen to have formed two triangle formations, one distinct falling wedge , and ascending broadening. Depending on the way you look at it. In the first ( falling wedge ) it can be seen that there is a common theme of a H&S pattern, but also, the 50MA acting as a resistance, causing further price breakdown In the second (ascending broadening) the common theme is present, yet the 50MA is acting as a support. This leads me to believe that price will be supported by this MA level, regardless of the H&S pattern. Price will increase, possibly breaking the channel.
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by Bixley