Long
WAVESUSDT - LONG SETUP
WAVES is now over sold and over extended to the downside, i do expect to see a pullback, on the 1hr timeframe what we can see is the market has broke above the 1hr downtrend but we are still below this area of horizontal resistance, however if we see a close above this zone then we will have new bullish 1hr price action and i will be looking to take a long on the retest of this zone.
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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.