Waves / Bitcoin
Long

Waves Breakout Following Big Dump and Recovery

Waves has slowly been pushing out of its falling wedge pattern. On the short time frames a clear breakout today from the bullish flag pattern. Notably, this morning, Waves dumped all the way to .00048 before recovering fully and quickly - eliminating weak hands. Almost 1 year since Waves ATH BTC ratio was achieved with many months of falling wedges and consolidation. We could expect to see some very large bullish movement in the coming weeks.

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