WAVESUSDT WILL GO UNDER CORRECTION TO FIBONACCI LEVEL 0.5
Hey Guys this is 4th Public Publish and first analysis on Waves usdt.
Reasons To Short...
1. A clear RSI Divergence on 1 Day chart.
2. BTC is also go under correction.
3. Failed Breakout of Rectangle Pattern on 1 Hour chart. Now it's break the support level. That's our entry point.
Let's talk about stoploss, entry and target.
Wait for rectangle breakout at 1 hr time frame...and short during retest around. 31.60-33.1.
Remember huge volume breakout is necessary...
STOP LOSS: 37.11
TP 1 28.1
TP 2 25.2
TP 3 22.3 (If it's rebound upto 23.1, before hitting the third target, close the rade. Don't fall in greed.
Enjoy.....If you make profit from this analysis comments, how much you make, and your trading experience n all.
Reasons To Short...
1. A clear RSI Divergence on 1 Day chart.
2. BTC is also go under correction.
3. Failed Breakout of Rectangle Pattern on 1 Hour chart. Now it's break the support level. That's our entry point.
Let's talk about stoploss, entry and target.
Wait for rectangle breakout at 1 hr time frame...and short during retest around. 31.60-33.1.
Remember huge volume breakout is necessary...
STOP LOSS: 37.11
TP 1 28.1
TP 2 25.2
TP 3 22.3 (If it's rebound upto 23.1, before hitting the third target, close the rade. Don't fall in greed.
Enjoy.....If you make profit from this analysis comments, how much you make, and your trading experience n all.
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.