Wavesusdt
WavesWaves is very close to its original trendline,
Making this a simple trade.
The opportunity here could be to buy as close as possible to the trend line.
A break of this trend would mean a stop-loss.
The chance of bouncing back up on the trend seems larger.
A lot depends on bitcoin, as bitcoin is now also very close to the bottom of the pennant.
If bitcoin would break the pennant to the downside, a continuation of the downtrend can be expected.
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 2X IN 2 MONTHWAVES will introduce an Smart Contracts in 1Q 2018!
In our opinion it will be a strong reason to go an new fibonacci level (green line)!
WAVESUSD next moveWaves will drop to 7.25, bounce back up to 10.40, bounce once more up, break the resistance and off to the new FIB levels at 16 USD and 21 USD.
