WAVEUSDT, What's the next wave?GOOD DAY, friends!
This is ESS team.
Let's check the WAVEUSDT chart in hopes of a new wave approaching. : )
After a sustained decline that started in 22y, the WAVEUSDT was making a low and then, is drawing ascending channels.
The channel we drew was based on the 5days uptrend line, and interestingly, We can see that the 5D uptrend line and the channel lines are fit together.
This is the basis for making this channel more reliable.
The condition of the WAVEUSDT's new upward wave is,
after breaking through the top of the channel and confirm a retest.
and The downward wave condition is after breaking down the bottom of the channel and confirm a retest.
If the above two conditions are confirmed respectively, It will show a big trend.
What kind of new wave will the WAVEUSDT create?!
