WAVES's bullish reversal confirmed - Strong Buy Signal!WAVES: a very strong entry point to buy long and stay long!
Short selling has been abusive since April 4, 2022, as the shorting Bears have a bearish bias mindset on the whole Crypto Market's future!
Shorting volume has fallen down and further shorting or selling are considered weak action plays.
CMF (follow the money) is coming back strong and accumulation will follow as the price increases.
Waves has gained visibility yesterday on the Crypto Market's radar screens.
Today will be an excellent day to buy in before the price action shoot to the roof!
Bulls keep calm and accumulate on BTC and quality Altcoins (like WAVES) during the start of the 3rd big bullish wave reversal that is now being confirmed by multiple TA indicators!
WAVESUSD trade ideas
Wavesusd positive outlookWe falled so much.
To fibbo level.
If we talk about pozitive outlook for wavwa, we will see price of 40usd (best scenario).
Good luck everyone!!!
It is not an advice, it is just my opinion,
What ETHUSD's Monthly MACD Will Look LikeThis is the MACD pattern that we are looking for
this relates closely to my previous post regarding waves and eth, however that was a weekly chart
This MACD structure is extremely bullish
Waves due for a reversal soon $20 possiblewaves.tech
Launched in 2016, Waves is a global open-source platform for decentralized applications. Based on proof-of-stake consensus, Waves aspires to make the most of blockchain, with minimal carbon footprint.
Waves technology stack can benefit in any use cases that demand security and decentralization — open finance, personal identification, gaming, sensitive data and many others.
How high will waves go? Chart suggests $56.Waves having a crazy bullish pump in which it has reached a new all time high, and based on the chart pattern it broke up from of a falling channel, it should keep going until it reaches its target at $56. I’m guessing a correction from there but it could easily continue higher after cooling off. We can also see a bit of a double bottom inside the channel however the double bottom pattern has the same breakout target as the channel. *not financial advice*
WAVESUSD This time is different...Waves (WAVESUSD) has posted an incredible rally ever since the February Low and made yesterday a new All Time High. Needless to say that the $43.00 target we suggested in our most recent idea, was hit:
What we should focus on now is the 1D Golden Cross (when the 1D MA50 crosses above the 1D MA200), which was formed yesterday. This pattern is technically bullish, however the last two formations (January 06 2019 and February 09 2020) marked strong corrections instead of bullish trends. We can argue though that Feb-March 2020 was a 'Black Swan' event, the COVID pandemic crash, which is an irregularity happening outside the technical borders.
During these Golden Cross formations though, the 1W MA50 (red dotted line) was above the price action and in fact rejected the peaks, while in contrast now is below acting as a Support. This is a strong indication that Waves is in a different phase now, being in a new Bull Cycle.
If true, that should draw comparisons with the previous Bull Cycle:
As you see in the wider chart above, the targets of that Bull Rally were first the 1.5 Fibonacci extension and then the 1.786 Fibonacci extension. If history gets repeated in a proportional way, then currently the 1.5 and 2.0 Fib targets are around $80.00 and $126.50 respectively.
Do you think those could be rather conservative estimates for WAVESUSD this time?
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WAVES MoonshotUnderstanding the WAVES moonshot
Possible points that could be comparable in red
I am more inclined to think the early 2017 and early 2022 points are correlated due to date, but there is the other option of the earlier formation, again in red
The top point will be different based on this previous statement
Price is up heaps gratz to all the hodlers!
$WAVES Short Term Short ScenarioAs Both RSI divergence and OBV oscilator are showing down trend, in short term It might be that bulls have been exhausted but still try to go higher. So In this case, range between $37-$38 could be a good spot to open short.
This is not a financial advise. So do your own due dilligence before you make your decision.
Waves to $30 - bullish divergenceSo many opportunities at the moment. Will make this one quick…
Why Bullish?
1) The ‘good buy’ on the above 2-day chart remains valid with price action currently testing past resistance as support.
2) Price action prints on the 2-day / 200-day EMA (red line) (actually 400 days), I use them on the 2-day during times of heightened volatility.
3) Bullish engulfing candle - look left !!
4) RSI resistance breakout.
Latterly on the 2-day BTC pair (below - green boxes):
1) A ‘great buy’ is printed. I don’t often time bottoms, but when I do ;) Look left.
2) 6! Six oscillators are printing regular bullish divergence.
Is it possible for price action to fall further? For sure, retail can’t sell fast enough at the moment.
Is it probable? 30% to be technical.
Good luck!
WW
the repetition of the past cyclecrab harmonic pattern:
X=$246
A=$0.079
AB=0.38 XA
BC=0.88 AB
1.13 BC=$2.6
1.41 BC=$5.72
1.6 BC=$10.23
0.61 XA=$11.38
2 BC=$29.8
0.78 XA=$44
2.24 BC=$58
0.88 XA=$98.3
2.6 BC=$167
1.13 XA=$700
1.27 XA=$2191
3.6 BC=$2747
1.41 XA=$6649
4.23 BC=$15463
1.6 XA=$35243
WAVES USD gearing up for Golden Cross MA 50, 100, 200On 3/8/22, Golden Cross at MA 7, 25, 99 saw 27% increase at close. Expecting same this week or next. Not only for Russians, WAVES benefits Ukrainians, too, as predicted by peace-loving founder, a Ukrainian.
Regardless, price for bullish break 25.9788529 (0.236).
Not trading advice.
WAVES SHORTLiquidation of 100k at $25.9. Not gonna happen . No chance . Best trader on the planet. (I’m doing the opposite)
Waves (WAVES) - March 8Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(WAVESUSD 1W Chart)
(Full: )
WAVES is currently one of those coins that do not follow the current BTC flow.
These coins are likely to rise at the end of a bull market, so be careful with your investment approach.
Above the 7.6414734-9.4895768 section: Expected to create a new wave.
However, there is a possibility to confirm support in the 13.8451779-16.3326602 section, so careful trading is required.
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(WAVESBTC 1W chart)
Above 0.0004 885 point: Expected to create a new wave.
However, it is expected that the upward trend will accelerate only when the volume profile section formed in the section 0.0004 201 - 0.0006 932 is deviated.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Short wavesShorting waves on a infra day trade. 3.5% stop. Pretty easy / simple set up with low risk
WAVESUSD invalidation to $43.00 if this level breaks.WAVES followed exactly our medium-term plan on the 1W time-frame as it followed the November - December 2018 fractal to our 1W MA50 target and the 0.5 Fibonacci retracement level, as we suggested on the following chart on February 01:
Right now, the long-term cyclical pattern as implied by the sine-waves is intact and in full motion. Watch closely though, as invalidation may not be far away. A 1W candle close above the 0.618 Fibonacci retracement ($22.40 roughly) would invalidate further correction as the 0.618 Fib was never crossed in December 2018. If it does, be prepared to buy the break-out towards initially $43.00.
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HUGE WAVES COMING FOR THE BLUE EXCHANGEBeen a minute since we last published an idea.
Today we consider the pair WAVES/USD
From the chart above we can see that waves is in a corrective phase (wave 2 to be precise) and it appears to be either a flat correction or an irregular correction.
Two areas to watch out for are the two green zones highlighted for a reversal.
Price targets from either of those zones will be the 1.236 fib resistance as a takeprofit zone, and the 1.618 fib resistance as the main target.
Pls share your thoughts and ideas in the comments section
Also leave a like if you agree.
It can go down to $4.6 ~ $4.It can go down to $4.6 ~ $4.
Be careful. and wait.
The bottom is $4.6 ~ $4.
WAVESUSD on oversold 1W RSI. Buy signal to the 1W MA50 and $18.5Waves has found support last week on the 1W MA200 (orange trend-line) and this is best illustrated on the 1W time-frame. This helps us get a much better understanding of its long-term Cycles using the Sine Waves tool.
As shown, WAVESUSD has so far had two Cycles that both started with an Accumulation Phase and got completed with a Parabolic Rally to a new All Time High (ATH). The first Cycle entered a Bear Market on an aggressive correction sequence. That sequence broke below the 1D MA50 (blue trend-line) and when the 1W RSI nearly hit the 30.000 oversold level, the price rapidly rebounded back to the 1W MA50.
Currently Waves is at a similar spot with the 1W RSI almost at 30.000, the lowest it has been since early December 2019! It appears it is halfway through its Correction Phase, so technically as long as the 1D MA200 holds, we should be expecting a strong rebound to the 1W MA50. That makes a good medium-term buy opportunity for +100% profit as the price is currently around 9.00 with the 1W MA50 sitting at 18.50.
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