WAVESUSD
WAVESUSDT - Weekly analysis WAVESUSDT retraced as expected from my previous analysis.
Price retested the flip horizontal support + 0.618 fibonacci retracement.
Price brokeout above the pullback descending trendline resistance.
We could see an uptrend continuation.
Targets 🎯 - previous swing high ( ATH ), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the previous swing low ( flip horizontal support ).
WAVES/USDT - Potential 31% dealHello, Traders!
After the trend movement and correction, WAVES makes an exit from the reaccumulation phase.
Entry into the trade can be considered in the range: $6.14-$6.34
Stop Loss, in this case, is tight: under $5.76
Target levels will be:
$6.66
$7.30
$8.18
Which makes an excellent ratio of risk to profit exceeding 3!
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but only trade I would be following myself
wavesShare your opinion in the comments and support the idea with likes.
Thank you for your support!
To Crypto Russia with LoveWAVES is a project we have been keeping an eye on for about a year now and we missed the November and December 2020 rally. Luckily we have seen a decent retracement
in the price of the crypto. Wave's price is 29% off it's recent high of $9.33 set on 07 December last. Time to get involved and invest some our Ethereum profit.
We have rising 100 & 200 day moving averages on a 1 year chart and the price has found support at the 100 day simple moving average (SMA). We see this as a nice probe entry into Waves and would keep that trade open as long as $4.93 (low of 04 January candle) is not breached. We may add a second tranche around $7 once resistance around that area is cleared.
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. They are even making the coding aspect accessible to the average Joe.
WAVES Head and ShouldersPrice broke under HnS neckline, below channel midline, RSI below 50, and moving toward key level of $5.3. Although currently there are bullish divergences these can be erased if price continues down.
WAVESUSDT (Reversing from the Support Zone)#WAVESUSDT Technical Analysis Update
Reversing from the support
WAVES/USDT currently trading at $6.65
LONG ENTRY level: $6.55 to$ 6.65
STOP LOSS: below $6.44
Resistance level 1( Target 1): $7.05
Resistance level 2 ( Target 2): $7.60
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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💡 Waves : LONG TradeThis coin is already trending from many days , now waves has bounced back from demand zone of daily zone.
also there is fundamental news coming from waves developer team.
i m expecting this will rise further upside and hit our targets easily.
$WAVES, May chill for a bit after a losing 7.5$$WAVES
May chill for a bit after a losing 7.5$ (LL) & printed a UCTS Sell signal on the daily chart (usually strong)
#WAVES
Update on Waves. Bounced off the 1D 50 MA as supportUpdate on Waves. Bounced off the 1D 50 MA as support
Waves breached support currently sitting on 4H, 200 day MAWaves looking like a correction is inevitable breaching support and currently sitting on 4H, 200 day MA
Waves still holding on to the 8 dollar rangeWaves still holding on to the 8 dollar range despite the bearish divergence
WAVESUSDT ( Waiting for the Breakout)#WAVESUSDT Technical Analysis Update
Wait for the Resistance Breakout or Suppor Breakout.
WAVES/USDT currently trading at $8.45
There is a two possibility in WAVESUSDT, you should wait for the support or resistance Breakout.
once I see the Breakout I will update Stop loss
Max Leverage: 4X
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Waves holding 8 to 9 dollar range despite BTC pumpingWaves holding 8 to 9 dollar range despite BTC pumping and showing weakness in the RSI. Currently sitting on MA support while BTC attempts to break 20k
WAVESUSDT - Potential correction 🔽WAVESUSDT is printing a rising wedge pattern on the daily timeframe.
RSI is printing a bearish divergence signal.
Sell entry ⬇️ - breakdown below the rising wedge support
Target 🎯 - Support levels
Setup invalidation ❌ - breakout above the rising wedge resistance
Waves try to break ascending traingle patternWAVES / USDT
Price is forming ascending traingle pattern (bullish) And Try to breakout
I already send previous ideas about waves
And My members already bought waves around 8.15$
If this pattern successed we can see waves trading around 10$ or more 🔥
If you missed it you can buy after retest with small stoploss
Good luck
Interesting Opportunity: Waves could starting a strong bullishIn this analysis that one of my followers wanting to make this analysis. Ok, Waves was into this bullish chartist called cup and handle. Now, the forecast it's leading toward the $62 USD. Also, I can to proyect that Waves could become one of the crypto more appreciate.
So, I didn't know this proyect, but the proyection for medium to long term it's so intersting my friend and follower. So, I reccomend to entry around at $5 dollar to hold this crypto if you want toward the $62 dollar or include the price far but faw away.
Also, it's curious this analysis that you requested to know the proyection for you!!!
I don't know this proyect, but I can to study it and if I see that it's so interesting, I will going to invest too in this proyect.