WAVES TRADE SETUP. 30% RALLY EXPECTED.Welcome folks to my trade setup on WAVES/USDT.
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WAVES has been doing absolutely great and if you see the current chart then it already broke out, retested, and now getting ready to bounce back. I am expecting a 30% rally here.
Entry will be between %26.2 to $27.5
Stop loss: $23.12
Targets:
$28.6
$30.4
$32.1
$34.3
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
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WAVESUSDTPERP
🌊WAVES- pump might not be over, but correction needs to happenOn a bigger scale the price can definitely go for one more leg up, but I think before it happens it needs to correct further down. This gives us a potential short opportunity.
Trade idea setup: (visible on chart)
Take profit: between 23.00 - 22.60
!!-- always DYOR and remember about risk management 👌
WAVESUSDT - Flag/Pennant Pattern!!WAVESUSDT (4h Chart) Technical analysis
WAVESUSDT (4h Chart) Currently trading at $26.55
Buy level: Above $27 ( Buy After Breakout)
Stop loss: Below $24
Target 1: $30
Target 2: $35
Target 3: $42
Target 4: $50
Max Leverage 3x
Always keep Stop loss
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WAVES/USDT: NOT GIVING UP.Welcome folks to my new update on WAVES/USDT.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
On 22 Feb 2022, when WAVES started its rally, ever since then it never stopped. It gradually pumped making healthy support and resistance. If we talking about the gain percentage then WAVES is already 230% up which is massive.
Now, in the current scenario, WAVES broke out of the upper trendline which rarely happens in a rising wedge pattern. Here's my analysis of this current scenario.
Scenario 1: WAVES may possibly retest up to the upper trendline and then bounce back towards the higher resistance level which is at $34.83.
Scenario 2: WAVES could drop back in between the upper and lower trendline and then bounce back.
So, this could be a win-win situation for us if we can make a perfect entry.
$25.7 could be a good entry if WAVES retests and bounce back.
Or
$21.5 could be another entry if it drops below the upper trendline.
That's my strategy for WAVES. What's yours?
Let me know in the comments.
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Waves/usdt - ShortWAVES/USDT - SHORT
Hello everyone here is a update for waves/usdt chart. Looks fine to earn good money.
Waves/usdt - ShortWAVES/USDT - SHORT
Hello everyone, there is a bearish divergence in this chart.
The first target is 24.5$ the second target is 21.5$
Waves Coin Analysis 14/03/2021Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts.
Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
The platform has undergone various changes and added new spin-off features to build on its original design.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.
As one of the first offerings in its field, Waves set out to improve on the early blockchain platforms and products.
From the outset, it aimed to appeal to prospective business clients looking to use blockchain to improve processes or create new services.
Waves supported smart contract and DApp development, ensuring that speeds and ease-of-use surpassed competition at the time.
Since then, other products have appeared, including Gravity, a cross-chain and oracle network, and decentralized finance (DeFi) focused platform Neutrino. Waves DEX is a decentralized cryptocurrency exchange.
In 2020, Waves announced that its platform would be interoperable with the Ethereum network by releasing the WAVES token as an ERC-20 standard asset.
Technical Analysis:
the price started to Show reactions on the PitchFan earlier so we draw it again and we have specified 3 Targets based on Fibonacci Projection where we get out 3Targets Confirmation as soon as the price triggers our 2 Target followed by some price Correction or retracement.
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.
WAVES AnalysisThe USD pair shows two different possible outcomes
A break of the large trend line due to a double top (Bear)
Or a bullflag that pushes price higher
To discern the difference we look at the BTC chart and see that it is in favor of the bulls, hence we can draw the conclusion that the bullflag must be dominant, and the USD chart is in the bulls favor.
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
🌊WAVES- 2Y channel, great opportunity-- Macro perspective (2-year long channel) --
The price has been moving in an ascending channel for 2 years, which under conditions of high volatility in crypto market is quite impressive. Although last two months weren't so great for WAVES as buyers failed to push the price above major resistance multiple times (creating double top), the price is now back at its baseline .
This area is heavily supported by:
- many local levels
- macro level (24.04)
- both 200MA/EMA
- 0.786/0.5 FIB confluence
- bottom trendline of the 2-year long channel(huge support)
This discount and very favorable entry conditions could potentially attract a lot of new buyers who could push the price above major resistance this time (31.88-34.76) There's always a bearish scenario, and in this case it would be breaking below both moving averages and seeing rejection at any attempt of getting back to the channel.
Entry: buy in the baseline area (current price down to 200MA) -- or -- buy once local dynamic resistance is broken and 27.16 claimed on a local pullback -- or -- buy once the price breaks above major resistance and pulls back
* or scale your way up increasing your position size in all of the mentioned areas.
Targets:
TP1: 27.16
TP2: 31.77
TP3: 34.76
TP4: 33.88
TP5: 41.80
TP6: OPEN++
-------------------------------
About WAVES:
Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts.
Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
The platform has undergone various changes and added new spin-off features to build on its original design.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.
Source: coinmarketcap
WAVEUSDTPERP 4h Trade IdeaHi, everyone.
In this trade idea I will be shorting the resistance area as there is a great supply zone.
I mix supply, and demand, support, and resistance concepts.
I am looking to scalp or get a 1:1 risk reward ratio.
The total crypto market overall is also having a hard time going to the upside as $BTC is near the resistance.
Are you riding the WAVES?!Recently, the price was attempting to break out of the channel to the upside (extremally bullish) forming an ascending triangle, however it was rejected 3x times and fell down to the bottom trendline of the channel.
If you're not already in and want to join the party, this might be an opportunity.
Entry: Current price (29.2) - 28.1
TP1: 31.64
TP2: 33.47
TP3: 37.01
TP4: 40.90
TP5: OPEN++
Remember about risk management, especially that BTC has been quite volatile lately.
WAVESUSDT - Symmetrical triangle PatternWAVESUSDT(1h chart) Technical analysis
WAVES/USDT(1h chart) Currently trading at $32.26
Buy level : Above $32.81 (Buy after Breakout)
Stop loss: Below $30.14
TP1: $34.10
TP2: $3.40
TP3: $37
TP4: $38.80
Max Leverage 3x
Always keep Stop loss
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WAVESUSDT Resistance Breakout!WAVESUSDT (DAY CHART) Technical Analysis Update
Resistance Breakout
WAVES/USDT currently trading at $28.00
Buy-level: Above 28.00
Stop loss: Below $26.25
Target 1: $30.00
Target 2: $32.00
Target 3: $35.00
target 4: $40.00
Target 5: $2.50
Max Leverage: 2X or buy it on spot
ALWAYS KEEP STOP LOSS...
When to buy waves ?due to the bearish market's movement, BTC has taught 200 EMA for the second time in 26 hours, the way that the current market's trend continue, the manipulation would drag waves down to the orange $23.33, a close below that, would lead to $20.93 area.
WAVES about to go LONG!WAVES just broke out of downtrend cycle, and closed a daily candle above last supply zone. On 4H, successfully done a retest.
Entry : 19
Targets: 24 , 30 , 33
Stop Loss : Daily Close below 15.7. Which will invalidate this setup.
Keep and Eye on BTC as well too.
Waves 1D Where to buy and what goals should be expectedFor more than a year, the price of WavesUsdt has been growing steadily.
The minimum on the strait in March 2020 was $0.26. For a long time, the price of WavesUsd consolidated in the zone of $0.5-1, and therefore, depending on where it was bought, the coin could bring investors from x40 to x150.
And yesterday, the Waves price break the channel up, accelerating its growth.
Most likely, the boldness to accelerate the rise in the price of WavesUsdt was given by the fall in the dominance of BTC, since we did not find any screaming news that could push the price of Waves so much.
Write in the comments what you think about Waves and what are the prospects for the project.
Now we would like to see a price correction at one of two scenarios:
1) Weak correction to the level of $29 , with a short consolidation above it and further rapid growth to the level of $70
2) A deeper correction, to the area of $16-18 , which is at the same time: the middle of the channel, in which the price grew throughout the last year, and the high of the end of 2017, which did not allow to conquer itself for more than 3 years. There, consolidation may drag on, but the target from above will also increase to $88
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WAVES/USDT LOOKIN WAVEY 🌊Hey hey my friends and good morning 🤠
We are looking to buy some $WAVES here on this successful support retest here! 🙈
Higher time frame, is retesting support while in a symmetrical triangle which is also a bullish continuation pattern in this case
Patience is key, always play the game and let the trade come to you! ⏳
See you soon!