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.
WAVESUSD
💡Don't miss the great buy opportunity in WAVESUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.810).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. WAVESUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65
Take Profits:
TP1= @ 5.265
TP2= @ 5.527
TP3= @ 5.994
TP4= @ 6.419
TP5= @ 7.196
SL= Break below S2
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💡Don't miss the great buy opportunity in WAVESUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.810).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. WAVESUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63
Take Profits:
TP1= @ 5.265
TP2= @ 5.527
TP3= @ 5.994
TP4= @ 6.419
TP5= @ 7.196
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#WAVES / $WAVESThis is my technical analystic for BUYING some Waves.
We are in good BUY Zone and price bounced
Waiting for Big Targets here if BTC will be good with us ;)
DYOR
WAVES nearest targets according to the forecast!#WAVES
▪️The price is clamped into a triangle, I am set for a strong takeaway, there are several targets that I have highlighted on the chart!
Subscribe to tradingview!. stay tuned for ideas! Links below👇
#WAVES $WAVES This is MY technical analysis on WAVES 4H
This is MY technical analysis on WAVES 4H
This is MY technical analysis on WAVES 4H
WAVESUSD ❕ broke up the resistance levelAfter breaking through resistance, WAVES was above liquidity.
The asset only needs to consolidate above the mirror support level.
WAVESUSD ❕ uptrend channelWAVES is above liquidity.
Trading volumes continue to grow.
Price successfully tested 100MA as support (1H TF)
I expect that the asset may continue to rise before reaching the lower boundary of the channel, after it fixes above the resistance level.
WAVESUSD ❕ the price under the point of controlWAVES is under the control point, but still in the liquidity zone.
Volatility has declined.
Price is testing 100MA as resistance (4H TF)
Price is testing 200MA as resistance (1H TF)
Price and RSI have formed a bearish divergence (1H TF)
I expect the continuation of the correction after fixing under the indicated zone.
WAVES/USDT - Potential Short SetupHello Traders!
The downward price formation of WAVES continues its development within the framework of the falling phase.
Currently, the price is near the support level of $4.35. Taking into account the local dynamics of Bitcoin, it is possible to assume the exit of the price to the resistance level of $8.20 with the purpose of liquidity collection.
Based on the analysis of senior timeframes, it can be assumed that the decline phase is not over yet. The culmination of the downside pricing will be the price exit into the range of $2.00 - $3.10 after the breakdown of the support level of $4.35.
It is possible to look for medium-term purchases near the support level of $2.00 in the price range of $2.00 - $3.10.
The targets will be price levels of $5.85 and $8.20
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Waves 3D Manipulative coin to be traded with carefullyLet's consider the global chart of the WAVESUSDT trading pair on a 3-day time frame.
We can see that a harmonious growth trend was forming on the chart from mid-2020 to the end of 2021.
Further, the entire crypto market began a logical correction after a stable 1.5-2 year growth trend.
And then the interesting began.
If you remember, from the end of February to March 2021 the crypto market gradually began to recover and grow, after a painful fall in January.
But the WAVESUSD price is almost the only one, it did not grow smoothly, but very sharply and aggressively, in the "pump-style".
See for yourself, +700% in a month.
Then many news sites and "experts" associated the rapid growth with launching a fund to support projects on the WAVES blockchain, and with signing powerful collaborations, etc.
In a word, they created an ideal marketing and news background so that naive small money would buy Waves, because tomorrow it will be more expensive.
And when the mission was accomplished: WAVESUSDT price was updated ATH, all possible stops of short-sellers were disrupted and large trading volumes were created in which an abnormal number of coins could be sold imperceptibly to the masses - Waves price began to fall.
At first, it looked like a banal growth correction, but no level stopped the fall.
Further, on Twitter, someone from Acc with a large audience accused the management of Waves of manipulation of information and pump price (and looking at the graph, everything looks like that). WAVESUSDT price poured down even more and faster.
The overall result of the decline is -93.5% from the high... and the stop of the decline is around the level of $4.40.
If we were asked now: are you ready to buy Waves in one of your trading strategies, in one of your trading portfolios, the answer would be unequivocal - no.
Increasingly weaker bounces from the $4.40 level do not inspire faith in the strength of buyers at the moment.
Only after the WAVESUSDT price is firmly fixed above $5.80 would we consider the possibility of buying and medium-term speculation.
Because as of today, there remains the danger of fixing the WAVES price below $4.40 and, accordingly, the activation of the red scenario with the final goal of $2.15-2.30
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
WAVES/USD Elliott Wave countA perfect example of a leading diagonal.
This type of pattern is formed in the current conditions of the market when the buyers still do not have a great confidence, thus forming wave 1 of a higher degree in the Elliott Wave structure.
I will present the Fibonacci relations from such a pattern:
Wave 2 corrects in the area 0.768 of the Fibonacci retracement of wave 1;
Wave 3 rises to the area of the Fibonacci projection 0.768 of waves 1 and 2;
Wave 4 corrects in the area 0.768 of the Fibonacci retracement of wave 3;
Wave 5 could rise in the area of the Fibonacci projection 0.768 of waves 3 and 4; (Sometimes wave 5 can be truncated and shorter than the area where wave 3 ended).
So you can trade a long position up to the Fibonacci projection area of 0.768 of waves 3 and 4. After that you can also play short on the correction of wave 2 of higher degree. Success!
Like and subscribe if you like my analysis!
Also I will kepp do updates on the waves/usd because I like to trade it!
WAVESUSD ❕ third similar growthWaves is in a similar moment to the two situations shown on the chart.
Trading volumes are going up.
Price has broken up 100MA on the 1H Timeframe.
WAVES is in the overbought zone RSI at 30m Timeframe.
The BB indicator is overbought on the 1H Timeframe.
I expect that from the current level the price may test the support level, but after that it will continue to rise. It is important to watch the price reaction to the downtrend line.
WAVESUSDT 2HIt is in a bearish position and is expected to come down and touch the downtrend and support, and if the RSI breaks the uptrend, it can be expected to move towards the orange trend line and Fibonacci targets.
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
📊 WAVES and the 35% pump. Still pushing up!Hello, dear TradingView members.
This idea is a WAVES analysis.
WAVES has broken the descending channel with an excellent 35% pump and ended the downtrend for now.
The upper band of the descending channel can later be used as support and confirmation.
There are two potential bull targets on the chart in case of the market pumps even more. And also, there are three support levels on the chart, which are static and powerful to hold the price up.
Scenario one:
The price will increase and get more buy volumes to reach the potential target levels.
Scenario two:
The price will be rejected by the resistance level or one potential target number one and land on the support level shown in the chart.
RSI is showing overbought signals, so be careful with your long positions.
The Speedometer indicator shows Neutral volumes on the market for SNX on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.