Long

WAVES/BTC 12H (Binance) Falling wedge fakeout and back, uptrend?

By TradingOn
Updated
WAVES is getting ready for uptrend, don't miss that opportunity to enter with BTC for mid term.
Plus, it's a Russian technology and Ruble (RUB) trading pairs have been added in Binance, could be the cause of the recent pump in lower timeframe!

Entry= 0.0000740 - 0.0000760
Take Profit= 0.0000799 - 0.0000849 - 0.0000899
Stop Loss= 0.0000699 or less
Risk/Reward Ratio= 1:1 - 1:2 - 1:3

I will publish a weekly analysis later for long term where a huge falling wedge is forming with USDT...
Trade active
Lowest entry hit then bounce to red resistance, that's +4.5% already!
You can take some small profit here but I'd recommend to keep holding until targets.
Comment
Another fakeout and back, downside this time, trade is still valid!
Trade closed: target reached
All targets hit with a max of +25% profit, enjoy!
Comment
If you kept holding, price is now 0.0001037 BTC and that's +38% from entry ;)
binanceFundamental AnalysisrubleSupply and DemandSupport and ResistancewavesWAVESBTC
TradingOn

Disclaimer