WavesWaves, clearly, is moving in an ascending channel; On it way making harmonic patterns. Now, price is at the bottom of the channel trying to build support zone. If the price can make another higher high and higher low, then it can be said that support zone is built at the bottom and reversal has happened. Let's see what happens.
WAVESUSD trade ideas
Alikze »» WAVES | Ready to retest the necklineIn the daily time, the long-term survey indicated that it is in wave 3 or C. that wave C had the ability to return to 100% of its previous wave, after which it entered the corrective phase.
💎But at the moment, due to the fact that it has faced demand in the green box in the 8H time, it will have the ability to retest up to the neck line area and supply.
💎 In the future, if it can break the supply area, the process will be reversed, and I will update it if the behavior and structure change.
💎 Alternative scenario: If the green box is broken, the correction can continue up to the $1.95 range.
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WAVES to the moon !It is well known that crypto is on a 4 year cycle - rinse and repeat
Many of the alt coins trended down in the last two cycles.
By that I mean that the peak of the last cycle was lower than the peal of the cycle before that.
That means they are trending down overall on those time scales.
WAVES is a coin that stood out by going strongly above the high of the prior cycle
It has now had a huge pullback so it is at a bargain price - and I expect it will rinse and repeat to move up strongly.
I dont know when it will move up, Im just pointing out that it printed a strong pattern for growth over a long time frame.
I charted this in a virtual / calculated currency (USD) instead of USDT so you can see the history when it was trading at Binance against BTC before it started trading in a WAVES / USDT pair
Load up your bags because the bull run is here - Game on
WAVE LONG SETUPLook for full entry after further move down.
Using Fib retracements, daily close above MA yesterday was 1/3, today's retrace = 2/3 additional move down will complete the full entry for long, if we don't see the move down, it is what it is.
We did not close on the 4H below the MA. Stop lost at close below MA, additional 1/3 position loaded.
how are people missing thisBottom of the channel, oversold as ever. A recent breakout occurred, only stopped bc market downturn. Bollinger bands say something needs to happen. Back @ strong support. Prices may never be this low again. Could go to $100 this cycle. Wouldn't surprise me.
WAVES - EXAMPLE OF BUY AT THE RIGHT TIMEWAVES - EXAMPLE OF BUY AT THE RIGHT TIME
It's important to buy cryptocurrencies at the right time after looking at their potential. If we miss the right moment, we could miss out on a lot of profit. So, just buy when it's the right time.
WAVES is super bullishWAVES really has good waves!
On the chart, we have a large-scale diametric, which seems to have just finished wave D.
WAVES looks set to enter its large diametric E wave.
By maintaining the green range, it can move towards the targets.
Closing a weekly candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Alikze »» WAVES | Short-term rising wave 3 scenarioIn time D1 and W1, it is moving in a long-term ascending channel. After exiting the density and an upward correction, the zigzag is currently moving towards the targets specified in the chart in the microwaves of the 3rd ascending wave. In the weekly time, the first supply range must be broken to continue the path to open the path for the next targets. Therefore, the most important resistance in front of it will be the first supply range.
⚠️The failure of the first supply area will be corrected.3
🔰 At the beginning of micro wave 3 or C rising is located. Therefore, there is a possibility of rapid movement.
🔰 If this wave is extended, there will be the ability to break and break the first supply area to the second area.
🔰 The bottom of the current wave can be considered as invalidity of the analysis.
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Waves is the sleeping monsterwaves has a super oversold chart which is finally bottomed. Good news is that its haven't even started its run. Usually PSX:WAVES wakes up later than others. On the monthly chart we can see now a huge ADAM & EVE pattern. Also the FA is very strong. The new LAYER 2, called UNITS, on the top of waves just coming.
Hesitant Altcoins, Such As WAVES, May Soon Rocket To Meet BTCBitcoin's recent success isn't thoroughly shared throughout the altcoin market, which is, in fact, very much correlated with Bitcoin in the long term. I doubt the stall can remain for much longer and forsee bright futures for altcoins if Bitcoin's rise continues.
WAVES Price Brings A DIP TO BUY!WAVES price exhibits a bullish pattern in the daily chart, maintaining a support trendline.
The price is retesting the 38.20% Fibonacci level at $2.36, hinting at a possible reversal.
A potential bullish rebound from the support trendline could push WAVES towards the $3 mark.
The ongoing uptrend has firmly held above the $2 level, despite recent pullbacks.
Market conditions signal a cautionary note due to a slowdown in altcoins, raising the possibility of a breakdown.
Recent 1.88% overnight increase in WAVES price is backed by a rise in trading volume.
The current price of WAVES stands at $2.439, forming a Doji candle indicating market indecision.
Trend momentum remains strong, bolstering chances of a reversal.
Daily RSI suggests a recovery trend is in progress, albeit pausing near the midpoint.
The 50D EMA provides dynamic support, aligning with the 38.20% Fibonacci level, enhancing reversal prospects.
A successful reversal could see WAVES price challenging the $3 high and possibly reaching $5.
A fall below $2.40 could trigger a test of lower support levels at $2.26 or $2.
WAVESUSD - W IdeaAn idea suggesting a bullish run for Waves, that we have hit a bottom and price is return upwards within this sloped channel plotted.
The W pattern may be relevant.
Bullish on this Weekly timeframe
WAVES is at the bottomBy checking the structure, it seems that WAVES currency is at the bottom.
We have a large diametric that looks like we are now in wave E of it. Expect this E wave to end after a few weeks.
Wave E targets are very high.
Also, from a price action perspective, we have had a monthly bullish CH and a pullback to orderblock.
Please note that this is a long-term analysis and the time frame is large
Waves now or never, Idea for a long positionWaves had a terrible fall after making a ATH around 60$. The chart looks ugly, however, on the long term structure channels of support levels emerge. Taking positions for the reversal at this point.
Happy trading,
J.
WAVES lookin to make some wavessssssssWaves is presenting a really nice R/R right now. Looks pretty coiled up and ready to make some waves (pun intended) over the next few weeks.
Setting a pretty tight SL @ 1.80
As always- not financial advise ;p
✴️ Waves Hits Bottom | New ATH 5,000% Potential ($109 Target)We have a very interesting chart for Waves, very strong signals and huge potential for the long-term.
Join me! Like/boost and let's dive in.
WAVESUSD
1) We have a double bottom. June 2023 vs December 2022.
2) Matched with a long-term higher low. December 2019 the bottom low.
3) The same double bottom dynamic happened 2019/2020 before a major bull-market.
We are looking at a potential bottom, if not, think long-term.
✔️ The next target can hit as high as $109 or 5,100% potential from the current price.
✔️ Short-term, medium-term it is easy to see 200% to 400%.
Remember to do your own research.
This is not financial advice.
Namaste.
✴️ Waves Bullish Chart Fully ExplainedThis is a beautiful looking chart and really strong favoring the bulls... I would like to go through it with you step by step.
Waves came out of this Falling Wedge pattern last month and it looks nice. The falling wedge always matches a broken downtrend once the bullish breakout takes place.
There was a low 10-March.
The bullish breakout in June pushed prices above this level and also above EMA50.
On the breakout retrace and retest, which is normal, prices bounced before hitting this 10-March support and EMA50, sending out a very strong bullish signal.
Today we see the resumption of the initial bullish move in the form of a strong big candle with bullish indicator.
All these signals together are pointing up.
The fact that the market has been growing, recovering, building up functions as additional support.
I am bullish here on WAVESUSDT and WAVESBTC, these pairs are moving together now, so we can see them both moving up.
Namaste.
WAVESUSD: First time above the 1W MA50 in more than 1 year.WAVESUSD crossed above the 1W MA50 for the first time since April 18th 2022. With the 1W time frame turning neutral (RSI = 48.860, MACD = -0.216, ADX = 28.633) this should be treated as a first indication of a long term trend change but will get validated only if the 1W candle is closed above the MA50.
We will go long on that signal and will target the R2 on the long term (TP = 6.55000).
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📉🌊 Potential Falling Wedge Pattern Formation on $WAVES ChartBINANCE:WAVESUSDT $FallingWedge $PatternFormation $TradingView
Greetings, fellow traders! 👋 I'd like to share an intriguing chart pattern I've identified on the BINANCE:WAVESUSDT chart. It appears that a potential falling wedge pattern is forming, suggesting a possible bullish reversal in the near future. Let's delve into the details!
1️⃣ Falling Wedge Formation: The BINANCE:WAVESUSDT chart displays a sequence of lower highs and lower lows, converging within two trend lines. This pattern closely resembles a falling wedge, characterized by a contracting range. Falling wedges often signify a bullish reversal.
2️⃣ Volume Analysis: Volume analysis is crucial for pattern confirmation. Ideally, we would expect to see diminishing volume as the wedge develops, followed by a surge in volume upon breakout. This could indicate increased buying interest that may potentially propel the price higher.
3️⃣ Resistance and Support Levels: It is essential to monitor the upper resistance trend line and lower support trend line. A breakout above the resistance line, accompanied by notable volume, might suggest a bullish breakout. Conversely, a breakdown below the support line could invalidate the pattern.
4️⃣ Price Target and Stop Loss: Should the falling wedge pattern confirm, a common technique to estimate the potential target is to measure the widest part of the wedge and project it from the breakout point. Regarding stop loss placement, it is often advisable to position it below the support line to mitigate potential losses.
Nevertheless, it is important to remember that technical patterns should be used in conjunction with other forms of analysis, such as fundamental research and market sentiment, to make well-informed trading decisions.
To summarize, the BINANCE:WAVESUSDT chart is currently exhibiting a potential falling wedge pattern, indicating a possible bullish reversal on the horizon. Nonetheless, confirmation through a breakout above the upper resistance trend line and a surge in volume is essential. Traders are advised to exercise caution and implement appropriate risk management strategies.
What are your thoughts on this pattern? Share your insights below! Remember to conduct your own analysis and consult with financial professionals before making any investment decisions.
#WAVES #FallingWedge #PatternFormation #BullishReversal #TradingAnalysis #TechnicalAnalysis #Cryptocurrency #TradingView
Buying and Adding to WAVES crypto x2 or x3 potential Very bullish price action in Waves with a nice big 3 candle bullish divergence formation on the weekly charts as shown
WAVESUSD Channel IdeaAn idea considering a channel upwards on waves and subsequent price reversal at bottom of channel
Inverted H&S in circles
