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WAVESUSD

WAVES ROCKET!?Guys I've been watching WAVES/USD for awhile now and it looks like we may be getting a break out here. Sorry if It's a bit clustered but the red box is a resistance area of value and the green and purple play a the support area of value. We continue to see higher lows as we come up to test this resistance at the red zone we also broke our last level of structure just slightly. The trend is up I think next time we come to test the top of this red box we will break through and sit on our next level of structure which is the yellow dotted line and hopefully continue up from there. I meant to post this yesterday but here's where my brain is at on WAVES/USD (NOT FINANCIAL ADVICE!)
WLong
by BDACrytis
Waves Analysis (WAVESUSD)Waves broke out from a key level, touched the first fibonacci line and rebounded. It then found support at the previous key level. This looks like a really nice set up for Waves. Having broke out and found support at this mirror level. I will be opening a trade with a tight stop loss aiming for a rise up to $15 dollars If you like this analysis please like, follow and if your feeling really generous donate me a coffee on Ko-Fi ->https://ko-fi.com/jamesharding Are you opening a trade on Waves? I'd love to hear about it in the comments (Do your own research as well, this is not financial advice)
WLong
by JamesVitaly
WAVES - GRAB THE SURFBOARD!WAVES is a project we have been keeping an eye on for about a year and we missed the November and December 2020 rally. Luckily we saw a decent retracement in the price. Wave's price retraced 29% off it's high of $9.33 set on 07 December last before we went long WAVES/USD on 05 January and are +66% on the trade. It is time for us to catch a second wave with the $8.90 resistance eclipsed. We have rising moving averages on a 1 year chart and the price has found support consistently at the 120 exponential moving average ( EMA ) throughout 2020. Waves reached $16 back in December 2017 so the price is still some way off the all time high. Since its inception in 2016 by Ukranian theoretical physicist, Sasha Ivanov, Waves has been focused on the mass adoption of blockchain technologies. The team's main focal point is to improve user experience and build relationships with legacy institutions in both the public and private sector. The team originally aimed to simplify the process of asset tokenization and both crypto and fiat transfers. The Waves Blockchain Platform has since evolved to support smart contracts and dApp development. Waves was designed to address the confusing cryptocurrency user experience and bring blockchain technologies to legacy institutions. It aims to achieve this by implementing interphases which are familiar to the average person. Consensus on the Waves blockchain is achieved through a novel mechanism called Leased Proof of Stake (LPoS). Although there is hefty competition in this space already, most notably Ethereum , EOS , Lisk, and NEO, Waves stands out in its understanding of what it takes to achieve mass adoption of cryptocurrency and other blockchain technologies.
WLong
by rzinho
$WAVES way to $10 and beyond WAVES/USDT 4H WAVES has been showing tremendous strength lately on lower timeframes. It has been moving with a consistent higher low and especially holding the major key-area of support, which is vital for the continuation of WAVES. Currently, it is approaching a key-area of resistance, which can be seen as a range high. The MKAST Algorithm provides support with a bullish condition, such as the MKAST Index, which is continuously making higher lows and giving WAVES the strength that it needs to break the key-area of resistance. WAVES/USDT 1D WAVES' strength on the lower timeframes can also be seen on the higher timeframes, which are just showing bullishness all over the place. The current HTF structure for WAVES looks like an ascending triangle and is leading up to a possible breakout. The higher lows and holding the mentioned key-area of support are seen here just as well, and this goes into a combination of the MKATS Algorithm, which is showing a bullish condition. The MKAST LenLen Ribbon provides moving support for the price, which could any time decouple from the ribbon and start a strong move to the upside. The MKAST Index shows 8/15 points, which is considerably low for the structure WAVES is in and leaves much room for growth, especially for the breakout, which seems imminent. All in all, there is excellent potential for WAVES if it breaks out and turns the mentioned key-area of resistance into support. Even a price discovery is not out of the books, should this break out anytime soon.
WLong
by KongTrading
3
WAVESUSDT (WAVES) - UPTREND CONTINUATION ANALYSIS 🔎 - WAVESUSDT is on verge of its fifth impulsive Elliott wave - Price retested the 0.618 fibonacci retracement and flip horizontal support. - Price action is printing a pennant chart pattern. - This is a trend continuation pattern. - There's breakout potential. BUY ENTRY ⬆️ - Breakout above the pennant pattern's inclined resistance. TARGETS 🎯 - Horizontal resistance levels (R1, R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the pennant pattern's inclined support.
WLong
by Chibuike_Odoh