WAVESBTC | LONG Setup - The trend is your friendIt's clear WAVESBTC is in a solid uptrend on the daily and weekly chart.
I'm going to wait for WAVESBTC to retest the support level on the weekly chart, and then take a long position.
The risk/reward ratio is very decent and it's well worth it. Trade with the trend.
WAVESBTC trade ideas
WAVESBTC Long Bullish descending triangle, earlier divergency which was confirmation of the falling trend change, High volume. T/P fib 0.382, entry as marked on the chart and s/l below the resistan
WAVESBTC LONG Falling wedgefalling wedge pattern, levels of t/p expected with t/p 2 being the Fib 0.382
WAVESBTC LongThis analysis is based on cup and handle pattern along with fib. levels for possible t/p 2, earlier divergence suggests change of trend
WAVESBTC | LONG SetupVarious altcoins are showing an upwards trend against BTC.
I took a position in WAVES / BTC this morning, as both the 1D and 4H chart show significant upside potential.
Waves "V-Shaped" BottomWAVESBTC is now gaining bullish momentum after printing a "v-shaped" bottom pattern.
We have a very strong bullish candle today with the RSI and MACD starting to trend upwards.
We are likely to see higher prices for this pair.
Namaste.
WAVES Looking Ready For a ReversalLooking at the bottom support line, we see that WAVES might be setting up for a good buy opportunity. Any thoughts?
WAVESBTC not healthyVery close to predicted target from previous idea, but got there unexpectedly too fast. Also has build up of very heavy bullish divergence on the HTF, yet price keeps falling.
PA is similar to April 2019. If fractal plays out, expect very heavy volatility when volume picks up.
WAVESBTCWAVESBTC
Purchase in the area 0.0002274 - 0.0002111
1 - 0.0002612
2 - 0.0002925
3 - 0.0003250
Stop, fixing below 0.0001985
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Waiting for your comment, what do you think about this?
WAVES possible entryPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
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Waves is another one of those top 100 coins with a valuable project that has taken a big hit from the recent BTC price action. It is bound to find support and start moving up.
- Bull flag
- Bullish divergence
- Close to support zone
Target + Stop Loss on the chart
Wavesbtc downturnWaves has been rejected from top of the channel and now dropped out of a rising wedge. Alts in general are dropping since btc.d is going up.
WAVESBTC Potential is there part 2One of the few BTC pair charts that looks bullish. Potential for a parabola is there. Only thing, is the low volume and possible daily bearish divergence forming. It has been 7 days of green candles.
WAVES/BTC Macro and Micro TrendsThe chart indicates a drastic shift from negative energy to positive as we see a sizeable move upwards, right as WAVES intersects the support/resistance lines of the majority of its macro and micro trends. We see that most of the resistance levels have now become support as WAVES climbs towards breaking back into is highest value macro trading channel (top 2 yellow trend lines). Red trend lines indicate the macro downtrend that was broken through. Orange line is the current middle of the most recent channel/pattern. Purple line indicates strongest bottom support and a break below that would ignite a massive downtrend, in my opinion. Green lines indicate the current macro channel, i feel like WAVES will swing pretty wildly within these two lines as it makes its way back up to the top channel.
We also can notice a pattern beginning to emerge of 2 short bursts of rapid gains, followed by a correction, then a larger and longer one than the 2 previous. I expect sometime by the end of the year to see a fairly massive jump, near the 200% range is a couple weeks timeframe. If you place a Fib Retracement starting at the purple trend line to the top yellow line, you will notice how well the support/resistance levels match up to pretty much every single trend.
Prime conditions for some drastic upward moves, as I see it.
$WAVES, Making a new 2020 ATH today. ~100% in 30 days.. $WAVES
Making a new 2020 ATH today. ~100% in 30 days.. 🚀🤯
#WAVES
WAVES/BTC Gaint C&H pattern !WAVES / BTC
Recently for me
This coin is one of the top impressive coins in crypto market
The buyers show alot of strength and after every drop it recovered fast
And we can see now gaint potential C&H pattern
If this pattern successed we can see waves soon in 0.0006900 - 0.0007300 area
For this pattern to be successed most important thing it should hold above 0.0004000 (Neckline)
Do you agree ?
This is not financial advice
Please have a plan before trading and use stoploss
Good luck and happy trading 🌹
