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Wavesplatform

WAVES Makes Waves. Crypto's "Decoupling" ContinuesAfter Friday's "decoupling" event, the markets have mostly stayed flat (it feels like there's a lot of confusion and uncertainty in the market as a whole right now) with a few exceptions - WAVES seems to be the big winner today, followed by AXS (Axie Infinity) and ADA (Cardano). XTZ (Tezos) had a very good week this week but at least for today, it seems to be in the red. With altcoins normally moving in parallel to each other, these trends are interesting to look at because it seems like after Friday each coin seems to have suddenly gained independence as we start to see less and less parallel motion over time. Time will tell if this "decoupling" trend continues - but so far, it seems to be the case. By the way, if you invested in LUNA right at its rock-bottom a few days ago you would have made a 5.9 MILLION % return today. High risk, high reward. 😂 I don't recommend putting your life savings into bets like these but there is something to the idea of supporting a project during its struggles since that's often how investors make their biggest returns.
WLong
by RyanTanaka
3
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
WAVES needs to crawl first before it can flyAs presented we are now in a phase of correction and I believe WAVES may dip sub 20000 satoshi again (0.236 fib or 19500-17500 satoshi area) before it consolidates there and push higher again. I believe this is purely technical move as all alts are correcting the same and looking for lower support zones What to expect short term? target for correction - 19500-17500 satoshi area bottom (btc) reached by 1st half of October What to expect medium term? new highs (btc) by 2nd half of November target for new move up - 85000-120000 satoshi by the end of 2020 What to expect long term? Provided that crypto sentiment does not change at least 2 more moves up: firstly new ATH (btc+usd) around mid 2021 secondly new ATH (usd) before the years end. Not an advise, do you own research.
WShort
by humoongus
Last stop before parabolic move on Waves... buckle up!Like in the title I believe this is the last stop before strong bounce on Waves. I predict we will see some more of consolidation (maybe a week or two) but after this ends Waves will strongly bounce like we all know it can and did in the past. Nothing changed here... I still believe golden cross on a daily will trigger the move beyond 25k area. After golden cross happens all bets are off and we won't see any cheap waves any time soon. It's hard to predict how strong it will be but I'm betting somewhere between 25k-40k satoshi. That being said... if you're looking to open long positions it's safer to do it before the trigger than chase the rabbit after. Waves has a certain history and it can be lethally volatile. This is not an investment advice do your own research and always stay on a safe side protecting your money.
WLong
by humoongus
WAVES undervaluation period may be finally endingHello to everyone! I guess the chart is self-explanatory but let's do this by the book. I'm expecting strong price rebound for WAVES in coming months. Usually charters focus more on the price than on time in their predictions but here I'll try to do both. In 3 months or so the price of this asset may be way higher. By August 1st price should be above 45k sat and this will be only the first stage of a bull run followed by a second one by years end (above 100k sat). That being said new ATH in terms of BTC won't happen this year - more likely in 2021 (if ever since it depends on BTC and general sentiment towards crypto in general) and it won't be so easy to achieve. Buckle up!
WLong
by humoongus
WAVES Double Bottom WAVES was farmed double bottom at 778 sats. Uptrend closed above EMA 21,50,100 periods. Potential retest EMA 200 at 921 sats and 0.382 fibs level 947 sats. Was hold above green support line. Volume: of buyers increased, confirm bullish price action. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. Pattern: Double bottom at 778 sats. S/R: Support at 850 sats, Major Support at 778 sat, Resistance at 950, Psychology Resistance 1000 sats, 0.618 sats Resistance at 1051. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
WLong
by blockchaintrends
1