Last stop before parabolic move on Waves... buckle up!
Updated
Like in the title I believe this is the last stop before strong bounce on Waves.
I predict we will see some more of consolidation (maybe a week or two) but after this ends Waves will strongly bounce like we all know it can and did in the past. Nothing changed here... I still believe golden cross on a daily will trigger the move beyond 25k area. After golden cross happens all bets are off and we won't see any cheap waves any time soon. It's hard to predict how strong it will be but I'm betting somewhere between 25k-40k satoshi.
That being said... if you're looking to open long positions it's safer to do it before the trigger than chase the rabbit after. Waves has a certain history and it can be lethally volatile. This is not an investment advice do your own research and always stay on a safe side protecting your money.
I predict we will see some more of consolidation (maybe a week or two) but after this ends Waves will strongly bounce like we all know it can and did in the past. Nothing changed here... I still believe golden cross on a daily will trigger the move beyond 25k area. After golden cross happens all bets are off and we won't see any cheap waves any time soon. It's hard to predict how strong it will be but I'm betting somewhere between 25k-40k satoshi.
That being said... if you're looking to open long positions it's safer to do it before the trigger than chase the rabbit after. Waves has a certain history and it can be lethally volatile. This is not an investment advice do your own research and always stay on a safe side protecting your money.
Note
As we can see Waves is kicking hard so we've already broken out of the accumulation, volatility is increasing while the volume is still quite low. Watch this one closely in coming weeks it may surprise everybody. There is a ton of good news to support the breakout too. Previous local high is about to be broken it will most likely open up a clear path to 25k-45k area or maybe even higherNote
Waves has broken up from BTC consolidation structure proving that recent momentum is no joke. It follows my curve pretty closely. We have still some room for gains before it tackles first resistance at 24k - 25k satoshi. it may consolidate some more there over 20k to finally break the resistance point and fly.Position still in play. Don't be hasty!
no advice - just observation
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