Waves | Will The Same Pattern Repeat?
Recently WAVESBTC has been looking bullish and a new pattern just emerged.
Looking at February 2020, we can see a convergence of EMAs followed by a bullish jump.
Now, we are seeing a similar pattern take form.
We have WAVESBTC breaking above EMA10,50,100 and also MA200.
We have bullish indicators as well as a bullish cross of EMA10 and MA200.
With an ascending channel and also higher lows, the probabilities are high for Waves to continue to grow.
The bulls have the upper hand here.
We only switch to bearish if prices drop and close below 0.0001000.
Namaste.
Looking at February 2020, we can see a convergence of EMAs followed by a bullish jump.
Now, we are seeing a similar pattern take form.
We have WAVESBTC breaking above EMA10,50,100 and also MA200.
We have bullish indicators as well as a bullish cross of EMA10 and MA200.
With an ascending channel and also higher lows, the probabilities are high for Waves to continue to grow.
The bulls have the upper hand here.
We only switch to bearish if prices drop and close below 0.0001000.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.