WAVESBTC
WAVESBTCOur analyzes are based on the Elliotts theory to determine the main trend, the targets of waves based on Fibonacci, Resistance - Support Zone. Also, we use indicators like EWO, MACD, MA50, Ichimoku, BB to confirm the end and start of a trend.
4H: WAVES is starting wave 3.
TRADE INSTRUCTIONS
Buy in: 0.0005796 - 0.0005918
Targets:
(1) 0.0007220
(2) 0.0007662
(3) 0.0008151
(4) 0.0008941
(5) 0.0010220
Stop loss: (Stop loss will be updated in detail when happening)
At present, we recommend that you sell in short-term to turn around the capital to another altcoin to maximize profits.
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WAVES"We are coming and we are coming in WAVES"
All jokes aside, this chart speaks for itself. We just broke out but still managed to buy really close to this ancient trendline (bottom green dashed line).
But perhaps you want to wait for a slight correction (lets say to 70000 satoshi) and then enter this beauty.
Target anywhere between 164494 / 194494 (retrace of about 50% from its all time high)
WAVES Going on a Little Run. Alarms Triggered!!WAVESBTC Has broken long-term resistance with a sharp spike in volume on the breakout. It's also breaking a key Fib Retracement Level which all signifies to a nice bull-rally coming on.
WAVES CUP HANDLE + DOUBLE BOTTOM FORMATION First rectangle double bottom formation target
Second rectangle cup handle formation target
Waves about to breakout - WAVES:BTC Analysis.Hello everyone and welcome to this analysis on BINANCE:WAVESBTC .
On this analysis I will use the EMA crossing strategy on the hour chart. Usually I am using it in wider timeframes too avoid fakeouts.
Reminder on EMA crossing strategy:
-RSI under 70
-EMA 26 crosses EMA 52
-Low volume on MACD (optional)
-4 hours chart (for 4%-10% gains)
-1 hour chart (for 3%-6% gains)
As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 has crossed the EMA 52 few hours ago, but has not yet started the breakout that we are here to catch. I have drawn what represents a bullish rectangle (in blue) in which the price has been trading and is expected to make its run up. In order to assess if the price will make a move upward or downward, the EMA crossing strategy helps us make a decision. The fact that the EMA crossover happened few hours ago is not a problem considering the fact that if the breakout did not occur already then the price is likely to have a short pullback before exploding.
To support the potential breakout, MACD is showing a bullish crossover as well.
Conservative Approach:
Enter just above upper edge of rectangle. (Around 6366 Satoshis)
Stop loss under upper edge of rectangle. (Around 6208 Satoshis)
Take profit at just under 7000 Satoshis. (+5%)
Aggressive Approach:
Enter at market.
Stop loss just under EMA 52. (Around 6000 satoshis)
Take profit around 6600. (+6,5%)
N.B: This strategy safely works for short term price movements. For example, my take profits are usually between 4 and 8%. Additionally, I use 2% of my portfolio per trade with a risk/reward ratio of 2.
**This is my set up and I am sharing that with you for educational purpose. This isn't, in any case, financial advice.**
#WAVES #cryptocurrency #WAVESBTC ready for the swing moveafter wiping out traders that set stops. Stops are very useful in principle if you're unable to watch the market constantly, but you open yourself up to the risk of something like this (in the blue box). One might argue it's a large position exiting and stops contribute to a short-term capitulation, when it closes unchanged it's apparent the swing setup is still intact. In this case, if you had a wide stop you were stopped out at a relatively big loss even though the trade is still in play. To avoid moves like this, consider the overall market feel and take some solace if it's showing strength - even if a trend is breaking down you will likely get an exit that is closer to your ideal stop loss.
Great risk/reward still on the table with 1:2 minimum and likely 1:4.
Waves broke out downtrend + volume picking upWaves has been bleeding ever since january. The downtrend has been broken and a new uptrend has formed. This combined with the volume that has been picking up and FA (smart contracts in testnet this month) is a clear buy signal for me.
WAVESBTC ready to start a new uptrendWAVESBTC has broken out of a long-term downtrend line that was in force from the start of this year. There was a bearish crossover on January 21 and since then price has remained below the moving averages.
Price broke out of the downtrend line on April 15. Thereafter, the pullback on April 21 and 22 took support at the trendline and at the moving averages. The bullish crossover of the moving averages also completed on April 21.
All these point to a change in trend. The new trend can reach 0.0008 and 0.0009 levels. Therefore, traders can take a long position at the current levels of 0.00060645 and keep a stop loss of 0.0005.
Profit rate of about 60%Good entry point
Buy now starts at 0.00617000 BTC
Areas of sale
Starting from 0.00650000 BTC
to 0.00100000 BTC
WAVES DAILY CHART - CUP + HANDLEDo you see what I see? Looks like a cub and handle from a coin that's on "the list" for 2018. Quote promising.
Current price: .0005909
Target 1 .0006625
Target 2 .0008192
Target 3 .0010726
WAVES --> still a great entry long term --> impulse waves! WAVES, another favourite of me.
Has somewhat the same pattern as Stratis and I do think that this one will go hand in hand with Stratis this year.
Still, $5 is a fair cheap buy if you want to invest in this one for the coming years.
Spike in December, which was all the way depending on Bitcoin, instead of Waves. Check the Waves/BTC chart for that.
What do we see on the daily?
- RSI falling wedge, massive downtrend, Finding support on the support box where it was before the spike up in December.
- Bullish divergences on the histo, CCI, RSI, Stoch RSI and MACD --> all on the daily!
- Price falling wedge and already breakout.
- Volume increasing --> great sign.
Expectations for the coming weeks:
Currently in the first wave, which should be finishing at the heavy resistance around $6.50. Then a small pullback towards $5.50 or lower (depending on fibonacci levels. After that breakout + impulse waves on WAVES/BTC chart.
Expecting a huge summer!
WAVES Bearish patterns is awaiting Possible Patterns:
_Anti Cypher ( 127% of X-A ) Peek at 5.65 USD
_Deep Crab ( 161.8% of X-A ) Peek at 6.30 USD
While those tiny blue lines acting as their resistance, due to the ichimoku's cloud, found in different time-frame, and they were above the Anti Cypher. Thats why i came up with these 2 patterns.
_Target 4.035 USD for the Short-Term.
Noted: If it stay above The Anti Cypher Pattern, then that thick blue line could take into our consideration among 6.93 USD.
Thanks for reading my chart, and whats your thought ?? I would like to hear a different perception from you guys ^^!
WAVES/BTC 1D chart becomming bullishWAVES/BTC 1D chart is about to break out. 50MA broken, MA's to cross bullish soon.
On the WAVES/USD 1D chart 50MA is also broken, MA's also about to cross bullish soon.
Also smart contracts comming up soon.
Volume becomming bigger!
WAVES/BTC, lets trade! Markets 24/4 openFellas,
thats my idea. I'm trying out to see if I can predict any direction. My goal is everytime to set two secanarions. Orange is the good one and the bad one is the red one.
As always, this is an open market where no one is your friend.
Position placed, two rebuy zones, a sell target. Found this little one with the Madhatter Screnner settings (check on Youtube and Crptojunkies).
There are severals support and resistance lines. To see where, I've made those little yellow circles.
Using RSI, STOCHRSI, BB, Volume, MACD as indicators to get any entry point.
Good luck trading,
bitcoin-089
WAVES trend reversalWAVES is currently in an ascending broadening channel upwards, but I think it is in a a process of a failure and will break trend.
As you can see, the pattern has touched the bottom channel 3 times and is now losing steam to break out higher. It has broken out of the flatbase pattern and met its target, but it's showing a bit weaker signals in the MACD which leads me to believe it will break out of the channel downwards.
On the 4hr chart, a top tweezer candle is also forming, this usually signifies a change in trends, and with the MACD at its peak, downwards movement is highly likely.
WAVES/BTC - 4/17/2018Good Morning, Traders!
WAVES has just recently broke the descending triangle it was in since the start of the year. This descending triangle was met with the 2/1 Gann fan line that was recently crossed and a strong support level of 47806. Because of this break, it is predicted to continue going bullish.
Looking at the EMAs, it can be seen that the EMA 20 has just recently started to some back up slowly toward the EMA 200. If it reaches beyond the EMA 200 it can be seen as a great buy signal.
The RSI indicator reached a new high for this year at 63.6 just yesterday showing that traders were close to putting the coin into an overbought stage but it seems to have corrected itself today.
Important Resistance Levels: 67610, 76770
Important Support levels: 47806
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
