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Wavesusdt

Waves Rides Wave to ATH But Hits Month Long Trend-Waves has risen nearly 220% in the last 10 days -Price has been rejected off month long trend -Major support is at $30.70 Waves has had an amazing year rising nearly 5000% in 12 months. The altcoin market has been exploding recently with no end in sight. Although, this may be cooling off as WAVES hit a near 45 day top trend line. The price of waves has formed a broadening wedge the last month and a half and the price has been respecting both trends very well. Recently, Waves hit an ATH of $42. The area of rejection was met with the top trend of the broadening wedge. For waves to have a shot at its ATH again, it must break and hold important resistance zone of $36.32. After rising a great deal the last few weeks, it is evident Waves needs a cool off period. The price has been holding above its minor support area of $30.70 for almost a week. This area is also met with the 10MA which has held the price of waves for nearly 2 weeks. If price breaks below these marks, expect retracement to $23.70. While looking at the RSI, it is easy to conclude that it needs some correction. The strength recently exited overbought levels and looks to extend to low 60 values. The Stochastic RSI also has been coming down as it was in overbought territory for nearly a week. A price correction on Waves seems very due. WAVES intraday levels Spot rate: $31.45 

Trend: Bullish

 Volatility: High 

Support: $30.70
 Resistance: $36.32
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by CoinGape
Waves 1D Where to buy and what goals should be expectedFor more than a year, the price of WavesUsdt has been growing steadily. The minimum on the strait in March 2020 was $0.26. For a long time, the price of WavesUsd consolidated in the zone of $0.5-1, and therefore, depending on where it was bought, the coin could bring investors from x40 to x150. And yesterday, the Waves price break the channel up, accelerating its growth. Most likely, the boldness to accelerate the rise in the price of WavesUsdt was given by the fall in the dominance of BTC, since we did not find any screaming news that could push the price of Waves so much. Write in the comments what you think about Waves and what are the prospects for the project. Now we would like to see a price correction at one of two scenarios: 1) Weak correction to the level of $29 , with a short consolidation above it and further rapid growth to the level of $70 2) A deeper correction, to the area of ​​$16-18 , which is at the same time: the middle of the channel, in which the price grew throughout the last year, and the high of the end of 2017, which did not allow to conquer itself for more than 3 years. There, consolidation may drag on, but the target from above will also increase to $88 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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by P_S_trade
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