Waves Trading planHello Traders,
Waves did a pullback to an importante supporte zone and apparently reverted its trend. It would be a good opportunity to buy with the target at the nexte resistance level.
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WAVESBTC
WAVES | BTC - Binance [ Still Time To Buy }Waves’ protocol is being under the decentralized observation of the Waves Association, which supports protocol development and research activities with grants, and promotes its use among developers of Web 3.0 solutions.
Recently Neutrino protocol was launched on Waves. It allows the creation of interest-bearing stable coins (assets with a fixed price) backed by digital assets. USDN, an asset pegged to USD, was launched shortly after on top of the Neutrino protocol. Neutrino turns underlying blockchain staking economics into a regular banking deposit. There’s a huge improvement though, since it provides users with full control of their assets, they are held in users’ wallets and daily interest is paid to them. USDN is pegged to USD, so users effectively get around 10–15% annual interest on their USD.
As a side note I’d like to bring your attention to the fact that it is not based on p2p borrowing, which empowers the Ethereum DeFi ecosystem. Rather than utilizing borrowing and lending pools, USDN taps into the blockchain mechanics that ensure network security, and turns it into a source of income for real world users.
Neutrino is growing. But I think that it is crucially important not to focus on developed countries, but instead reach out to a wider international audience. It is very reasonable to think that we’ll achieve mass adoption faster in countries without an established banking system. We can just skip banks there and move directly to crypto.
To speed up reaching this goal, core Waves developers will focus on the products which smooth the transition to the new technology for non technical people, and help the crypto community create tools that allow us to tackle problems we face in achieving mass adoption within a unified front.
The first of these products is the launch of international assets on Neutrino, assets tied to national currencies, assets tied to Gold, and we’ll enable almost instant swap between the assets. Thus we will effectively create the first decentralized Foreign Exchange!
Following the tradition we will call it DeFo. Currency exchange is a huge issue for many countries, for example Venezuela, Argentina, Lebanon to name a few, international remittance fees can reach double-digits quite often.
Therefore, by introducing national currencies and their exchange on Neutrino we solve two problems — we create an interest-bearing instrument tied to a local currency but yielding interest effectively tied to USD, allowing to hedge currency risks, and create a smooth exchange mechanism between different national currencies.
This product is not based on speculation, it is based on maximum outreach and a strong desire to solve real-world problems we are all facing. Eventually we aim to port it to other blockchains as well, for maximum penetration and adoption.
This now takes me to a new topic — our newly launched Gravity protocol and its role in the future of the Waves ecosystem (and crypto in general).
Gravity is a data protocol that has been created to connect arbitrary blockchains to the outside world and to each other. It is truly agnostic (independent of any particular blockchain), and does not have a native token. It works with the economies of the participating chains instead. Gravity hub nodes lock a certain amount of native tokens of participating chains and receive compensation for the data they provide with native tokens as well.
Gravity goes beyond simple oracles, its task is to create a one-stop-shop for all data you might eventually need on blockchains, be it exchange rates, logistics data, actually any data from the non-blockchain world, or data from other blockchains.
It will provide connectors to all viable chains, trustless when possible, and trustful when not. The problem of trust is solved through additional consensus protocol on which Gravity nodes run.
Gravity is the foundation, a glue that connects all the chains. There will be applications on top of it, layer 2 protocols. Probably the most important would be the Value hub. This is a token-transfer protocol, allowing us to transfer value between all possible networks. Effectively it should create one asset space for all chains, and in a way one economic space. Waves token holders should benefit the most, since we will be the early adopters; Waves token (and tokens on Waves) will live on all major blockchains!
Waves /BTC Broke Out-Going as anticipated 22% already generate BINANCE:WAVESBTC Currently testing EMA-300. A close above it can push it forward to histrionic key levels.
UCTS is showing us buy signals on daily and ltf and also weekly (confirms after this weekly close) .
Good possible entry is in pullbacks below weekly levels..
Previous Post
Waves/Btc LONG!At first, Waves in my opinion one of the best crpto projects out there, the fundamentals are TOP!
Maybe we will see a trend reversal in the future.
If Waves is able to break the Resistance at ~55ksat
then we will see Waves in the TOP 10 on coinmarketcap.
description is in the chart.
My Target is 54ksat.
wish y all the best.
Cup and handle on WavesHello Trader,
Waves is forming a cup and hadle pattern. It would be a goop opportunity for a swingtrade.
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Patience pays for Waves.Hello, traders.
It is essential to wait for a daily candle to close as it is now; this asset left many traps for buyers.
But for now, I would like to wait for this asset to break this resistance and do a pullback for a safer entry.
See our latest post for Waves;
Best Regards.
Sandro and Gustavo.
Last stop before parabolic move on Waves... buckle up!Like in the title I believe this is the last stop before strong bounce on Waves.
I predict we will see some more of consolidation (maybe a week or two) but after this ends Waves will strongly bounce like we all know it can and did in the past. Nothing changed here... I still believe golden cross on a daily will trigger the move beyond 25k area. After golden cross happens all bets are off and we won't see any cheap waves any time soon. It's hard to predict how strong it will be but I'm betting somewhere between 25k-40k satoshi.
That being said... if you're looking to open long positions it's safer to do it before the trigger than chase the rabbit after. Waves has a certain history and it can be lethally volatile. This is not an investment advice do your own research and always stay on a safe side protecting your money.
Waves Ready For Breakoutready to breakout once close above the white line than easy 10% in this trade
holding support so taking some risk and adding some waves here with small 5% stop loss because of bitcoin movement
Buy : 1220 - 1250
Stop : 1150
Target : 1366 , 1551 , 1741 , 1872
Waves wants to Break long consolidation.Trend Reversal in PlayBINANCE:WAVESBTC After a month long consolidation in the box we see waves going up .Consolidation below resistance is seen as bullish its Currently testing EMA200(red line) a close above it can push it higher.
Rsi is looking good. Macd also good.
Use red lines as resistances and take Profit areas.
Please set your stoploss as per your ability to afford risk and keep an eye over BTC this weekend.
The one mentioned in Chart is according to my preferences..
Waves in accumulation phaseHi all,
WAVES also looking good after breaking out of the downtrend today. The coin was previously caught in a correction mode but found stability near the horizontal support which triggered a reversal to the upside.
I'll be expecting a continuation of the uptrend and consolidation above Target 1 then another "wave" to Target 2.
Stay safe !
Regards,
#WAVES - Hurry Up to Buy It!This alt is exploding at the moment - just broke strong resistance. Buying it here near the support of 1285 sats. Marked targets on the chart.
Waves Breakout Setupprice break the trend line and now above but the real fomo will come when it will go above ichimoku cloud and 200 EMA
once price close above kumo cloud and 200 EMA this one i will buy for sure
here's the Daily Zoom
Waves Trading AnalisysHello Traders,
Waves seems that is accumuation above an importante supporte level and possibly is going to pump soon. We recommend to open postion if it beakout the resistance zone.
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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.
Waves Look Bullish, Do You Agree?Waves is gaining momentum after completing a retrace... Here we are looking at the pair against Bitcoin, WAVESBTC.
The black line on the chart stands for MA200, we can see the green candles moving above this level.
The bold magenta line stands for EMA50, and this now is now also below the current price... This means that WAVESBTC is now open to produce strong moves.
The next and main target is marked on the chart.
Above EMA50/MA200 we remain strongly bullish on this pair.
Conditions for change
If prices move below the levels mentioned above (MA200/EMA50), we still remain bullish but we put our "warning" hats on.
Namaste.
WAVES/BTC (Breakout soon?)WAVES/BTC
-forming a bullish ascending pattern
-trying to break the resistance area
-if the daily candle closes bullish green
-and the next candle is also green
-there is a high chance of confirmation breakout
-upside target is up to 1555-1743s
#WAVES new trade at the current level#WAVES
My entry is between 1140 - 1170 , and my Targets are the Fibonacci levels: 1270 - 1400 - 1640 - 1890
Putting my Stop Loss at 1099
WAVES/BTC 3D (Binance) Descending channels near break-outTA: Waves is about to break that small channel and the mid-line of the bigger one, that would propel it way higher.
FA: It's an open platform and decentralized environment for Web3 applications, allowing you to create and run DApps and decentralized software solutions.
This is also a staking coin with an APR of 6-8% and , you can stake them in Trust Wallet for example.
Current Price= 0.0001159
Buy Entry= 0.0001161 - 00.0001101
Take Profit= 0.0001447 | 0.0001690 | 0.0002224
Stop Loss= 0.0000775
Risk/Reward= 1:1 | 1:1.72 | 1:3.31
Expected Profit= 30.24% | 52.12% | 100.18%
Possible Loss= -30.24%
Fib. Retracement= 0.5 | 0.786 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1920h
WAVE/BTC Entry: 0.00011828 - 0.00012362
Current ask: 0.00012300
Target 1: 0.00012885 (4.76%)
Target 2: 0.00013532 (10.02%)
Target 3: 0.00014159 (15.11%)
Stop loss: 0.00011437 (7.02%)
Volume #WAVES: 2,684,615.00
Volume #BTC: 327.83
ESTATE (OVERSOLD)
Waves splashing profitsExpecting some volatility with tight BB. I am predicting the support will hold and we'll get a nice bump.