[LONG WAVESUSDT] Trade for rebounceWAVESUSDT have breakout the resistance line as i draw and the resistance line is supposed to become a support line. Coincidentally, that area is also the 0.618 retracement target from $8 to $62.
Although waves coin is accused for "the biggest Ponzi in crypto" for some fundamental reasons, I still believe that there might be some opportunities for us to trade for some sorts of bounce. Because from the technical view, this coin might be oversold and the bear need to close their short position to take profit.
I am not saying it is 100% to bounce. Instead, there are indeed some opportunities and it requires us to find some reversal signals based on your strategies and trading style. Enjoy this idea!
WAVESUSDT trade ideas
Waves ready for pullbackHello everyone
We are near to 0.5 Fib area and the weekly TF will be closed tomorrow so I don't think it will be closed without any wicks. Plus the volume is decreasing and there is divergence in 4h TF. Price is 62% down without taking any breath. I think price will jump soon (maybe on 0.5 fib) and the targets are 29.41 (0.618 Fib) and 41.54 (0.786 Fib)
Duckie, Duckie, Here here, Ride the Wave, 9.5 and finally zero..Duckie Duckie
Ride the Wave
Along the Weekly Bear Divergence
And with the Wiseman overseeing
Swim to 9.5 and perhaps finally to zero...
Godspeed.
WAVESUSDT 4hwavesusdt , after liquidying many short postions , it was decreased 57% from its ATH
its good for short position after breaking its support at 24.866.
what happend for waves !?We could Analysis and check chart in different methods, various time frames, But the key of this trade was a long parralel channel that aftar breaking down it effected as a strong resist or a big pullback. Alas! what a short trade we could take!
waves can be very close to correctionthis chart reminds me of btc in november 2k21, after a second (small) ath (more like a double top inflated) it lost 50% of price
not financial advice, this is just a an idea, always dyor
WAVES usdt making bullish sharkwe can expect it till 50$ but because of fundamental waves can go down more if you can hold it you can buy in parts .
WAVESUSDT forming head an shoulder and wait for retest resistatWAVESUSDT forming head an shoulder and wait for retest resistat then sell with confrimation candle
WAVESUSDT - SETUPWAVESUSDT price parabolic move towards both side produced so much noise in the market. Now desperately want a clear move majority towards upside, But what the sentiments says? Yes there is a significant dropped and price reached at a very critical level of confluences a major support zone and 0.618% of fib level. A day closing above this level will definitely produced a hope, Let's wait for Price action!
WAVES looking for supportLooking at the Fibonacci retracement levels from the January low before the March rally, WAVES appears to be riding its wave 2 correction to the downside looking for and finding temporary support at key fib levels...
WAVES/USDT -------> overview of what happenedaccording pic we had 3 group of buyer and seller.
first group were exchanges( you read thief =why? because its one of their way on little market cap currency) they bought almost all of currency on 7-8 $ .
second group were professional trader , they saw what happened and they see the trend were change.
third group were novice trader that were ....
waves had unhealthy movement that exchange made it for 2resons
1- when they buy all of currency on 8 $ , if they sold 1/5 on 40 $ they can take main their money.
2- who take profit with liquidation ? just exchanges and 2 times waves was 3th rank of liquidation!!
i will add too :
when you want to take position ask for yourself 1- how much is the worth of this currency? 2-where we stay? 3-whats market cap and volume of currency?
** the only weapon for traders is MONEY MANAGEMENT **
be profitable.
waveusdtMarket reform has begun.
The currency has fallen well, but it's just a lag
In total, there are two paths for further growth, one zigzag and one irregular flat.
Growth ratio will also be different in both patterns
WAVE FUD?I decide to post a new chart because of the fud around WAVE.
I saw the first informations about WAVES here:
www.cryptobanter.com
You have to read that!
Some points:
WAVES has no traction.
The price was initially pumped on a Russian ETH narrative.
The team took advantage of the pump to issue USDN and borrow USDC against it.
The team has been recklessly pumping WAVES on borrowed money.
New Article:
www.cryptobanter.com
If you search for #waves you will find more to think about!
If they don`t get the fud done, I see easiest short ever! But would not get in a short because it could also come a pump.. who knows!
DOYR!!!!!!
SHORT WAVEHey Guys, I think this one pumped to hard because of some news they had. It see a lot more downside.
WAVE IS COMING DOWN TO $30looking at the way WAVE has rallied down after the bull run, I still believe that the fall is not over.
expect WAVE at $30 (FIB61.8) zone.
trade with care
Wave Wave, what big correction u have? C u at 2...Wave Wave, what big correction wave u have?
R u obeying Wave Theory?
Or u following FIBONACCI?
Or are you not of nature?
C u at 2 in May/Jun after 50+ days?
NAF DYOR
WAVES Opportunity If one condition is metWaves reached the top of the channel and might retest the broken trend within green area and go up to the targets shown in the picture or the top of the channel. The price will go to the targets only if price never closes below the green area or trend line .
NOT A FINANCIAL ADVICE.
WAVES pretty confusing chart huh?Waves has broke down after making 3 peaks and now testing the support as resistance.
But this falling wedge with a perfect bounce on fib level 0.5 making it sound like one more bullish wave is coming which will put waves @ 85.
