Bullish Pennant Chart Pattern 15MIt is structurally similar to the flag formation. The only difference between the two formations is their shape. The fluctuation of the rising trend in the form of a downtrend is expressed as a flat pennant formation, while the trend in the opposite direction is called an inverted pennant formation. After a rapid rise in an uptrend, a pause in price occurs. Along with this, upward and downward movements occur
WAVESUSDT trade ideas
WAVESUSDT| SETUPWAVESUSDT has been trading with in tringle. The has been converged.
Now we have two different trade scenarios
1) if price break above triangle, one can long with stop loss blow 3.60
2) if price break below one can take short position with stop loss 4.20
The break on downside will be all over for bulls and on higher side bulls will be in complete control.
Manage your trades accordingly.
🟢 WAVESUSDT - 1D (24.09.2022)🟢 WAVESUSDT
TF: 1D
Side: Long
Pattern: Falling Wedge
SL: $3.6610
TP 1: $4.3682
TP 2: $4.8057
TP 3: $5.1593
TP 4: $5.5129
Showing some strength here. Enter now or when it's within the red zone.
Lets look for WAVES Waves retraced and now rejected from it successfully so we can expect another leg down from here at 3.6
Waves offers a good buying opportunity here, but only if…Waves standing buying zone. Around 4.250 to 4.100 is a strong buying zone monthly ,weekly and daily time frame also form V shape Pattern on this chart.good to buy for 20 to 25% gain in next couple of days.
WAVESUSDT | DOUBLE BOTTOMWAVESUSDT is at horizontal support where bulls once again can show some momentum, while having a double bottom too. The falling trendline is a hurdle for bullish trend continuation. There is a bullish divergence on RSI too.
The break above falling trendline will give complete control to bulls. While break below double bottom will give strength to bears.
Trade your levels accordingly.
WAVES The price has formed a descending triangle. Breaking the lower border will be a signal of the continuation of the downtrend. Bullish scenario - growth to the upper border of the channel
Trading opportunity for long position WAVESUSDTBased on technical factors there is a Long position in :
📊 WAVESUSDT
🔵 Long Now 4.39
🧯 Stop loss 3.85
🏹 Target 1 5.00
🏹 Target 2 5.83
🏹 Target 3 6.85
💸Capital : 1%
We hope it is profitable for you ❤️
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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 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/USDTWAVES looks juicy here , triple bottom might be in play.
Bought here , targets on chart.
SL Daily close below : $4.10
NOT FINANCIAL ADVICE.
$WAVESUSDT UPDATE!!!1Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
WAVES LONG Possible Triple bottom forming on 1day chart,and a falling wedge and am double bullish on waves,manage your risk!
Stop-loss below 4.1
WAVES LONGPrice looks good here to buy and HODL @4.568,waves currently trading on a falling wedge
Any break down from that purple line which is 4.3 can take us down too 4.13 which is my last
strong support! Am bullish above 4.8.
WAVES/USDTWAWES/USDT
Like other currencies.
The number of times a support has been encountered is too many.
The weakness of the trend is observed.
I expect it to drop to $1.5.
#WAVESUSDT #WAVES #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
WAVES 4HRWe are currently right on old support that is now acting as resistance, it been broken through many times but never closed above. if we close above I expect a retest, establish as support and up to Fair Value Gap in a few days
fractal is godIn all corrections and declines, it gets compressed in the Fibo range of 50-60 and then moves upwards.
STOP LESS: 4:29
TP: 6:2
WAVESUSDT:BINANCEWillingness to sell is low. Transaction volume is low. But there is a suitable range. This coin makes a sudden move.
Wavesusdt Long📈Wavesusdt Long breakout
All conditions for long confirmed except one micro condition but from backtest this type of breakout has explosive movement so it is worthy of risk
Entry only when the pullback ends
Take profit is dynamic/trailing stop loss
P.S.THIS IS NOT A FINANCIAL ADVICE
