Short
WAVES/ BTC
Updated
1D TF-
Have a look at the chart In December where we had a Golden cross between the 7EMA and 100MA WAVES shot up 302% in 17days!
We are now at the other side of the trend. Waves has completed a Death cross between of the same EMAs. (Opposite of the Golden Cross)
Declining volume, BTC unstable, I'm bearish on WAVES.
First target- Blue Box, if this level doesn't hold, we will go all the way down to 4800 sats.
I am not a financial adviser, this chart is only for educational purposes.
Have a look at the chart In December where we had a Golden cross between the 7EMA and 100MA WAVES shot up 302% in 17days!
We are now at the other side of the trend. Waves has completed a Death cross between of the same EMAs. (Opposite of the Golden Cross)
Declining volume, BTC unstable, I'm bearish on WAVES.
First target- Blue Box, if this level doesn't hold, we will go all the way down to 4800 sats.
I am not a financial adviser, this chart is only for educational purposes.
Note
** I also forget to mention the descending triangle WAVES was stuck in, it is currently breaking down**
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