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WAVESUSD

WAVES Hello, Traders! Monfex is at your service and today we overview WAVES/BTC . WAVES one of the losers these days, but we remember that marketmakers stand by this coin and at this chart we see the descending channel and the price is going to the bottom line. Also we see it's a bullish divergence by RSI and we can suppose that near the previous low will be rebound to the resistance zone. Supposed Trade Signal by WAVES/BTC Buy near 0.0000890 Take profit ~ 0.0001034 Stop loss at 0.0000825 Market Cap $70 561 361 USD Volume (24h) $14 900 668 USD Circulating Supply 100 143 784 WAVES Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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by Monfex_UK
WAVESUSDT formed bullish Cypher | 15% profit possibilityPriceline of Waves / Tether US cryptocurrency is formed bullish Cypher pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 0.8596 to 0.8258 Sell between: 0.8861 to 0.9498 Regards, Atif Akbar (moon333)
WLong
by moon333
May look baffling !The coin "Waves" is in a super big downtrend since January. Some crucial supports tried to stop candles during this 9 month downtrend and I highlighted those. It may seem a long way to reach those supports because firstly price is now far away from them (for example 3k area) and second they NOW has become resistance and a killer bullish power is needed to break them. Right now "Waves" team and CEO are announcing complicated news to try to sound noisy.For example Feature 14 ,Coinbase Custody and Binance.us are among news. I do not see any reversal chart patterns for now, but a strong bottom has formed and candles reached the heavy support and resistance inside the Kumo cloud. Kijunsen (red line) is now a reliable resistance and is pushing candles up once they hit it. If you want to buy Waves here I recommend you wait until 1151 area to be broken up. For more risk-averse people waiting for candles to be above Kumo cloud is more reasonable action.
WLong
by Hamidkev3
WAVES/ BTC 1D TF- Have a look at the chart In December where we had a Golden cross between the 7EMA and 100MA WAVES shot up 302% in 17days! We are now at the other side of the trend. Waves has completed a Death cross between of the same EMAs. (Opposite of the Golden Cross) Declining volume, BTC unstable, I'm bearish on WAVES. First target- Blue Box, if this level doesn't hold, we will go all the way down to 4800 sats. I am not a financial adviser, this chart is only for educational purposes.
WShort
by UnknownUnicorn3932910
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