Short
WAVESUSDT
Hi guys
In the medium term, our view is for an upward trend. Especially if we look at the weekly time frame, we are on the verge of a medium-term bullish trend.
But on lower time frames, it seems that the possibility of forming a downward trend similar to the scenario is very high. Support areas in downtrends are completely consumed.
As long as the price area of $2.95 is maintained, the bearish scenario with the specified price targets is likely.
The price target of $2.77 is attractive to buy the spot.
What do you think
In the medium term, our view is for an upward trend. Especially if we look at the weekly time frame, we are on the verge of a medium-term bullish trend.
But on lower time frames, it seems that the possibility of forming a downward trend similar to the scenario is very high. Support areas in downtrends are completely consumed.
As long as the price area of $2.95 is maintained, the bearish scenario with the specified price targets is likely.
The price target of $2.77 is attractive to buy the spot.
What do you think
Trade closed: stop reached
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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.
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.