Long

price in WAVEUSDT is reached to the lower line of channel

Updated
as you see in chart, price is ready to go up again and a hidden divergence in MACD could be good signal for us to know that the ascending trend is not over yet!

stop loss: under channel line
first target: the red area in chart or the upper line of the channel
Trade active
just notice that if you are a conservative trader wait for MACD to move up and become positive then after the first positive line in MACD you can open your position safely.
Trade closed: stop reached
unfortunately our stop loss is activated.
as you know due to the the sharp increase in bitcoin price, altcoins are not in a good position for trade and we should accept this risk.
Trend AnalysisWave Analysis

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