WAVESBTC trade ideas
Waves ~ ** SEE if breaksHi Folks,
** see if we break Demand Zone and then if we do not retrace back we will go lower
I am thinking we might be in the Bear market for a short time before we reach for Bull Market for the rest of the year.
We are reaching on major coin double / some triple Bottoms.
Vostok won't push prices too high... Wait for itWait for Bullish divergence on 2D or 1D chart timeframe, and buy for short-term. thanks
WAVESBTCWAVESBTC
Entonnoir : W/D/H4 (swing)
Réclamé par un lecteur.
Le weekly est sur un biais baisser. Le daily est en compression (jaune). Rien de bullish là-dedans donc.
Par contre, le prix se trouve sur une grosse zone de S/R weekly qui pourrait faire office de zone de rebond pour ensuite donner lieu à une réintégration de la compression weekly (blanc).
Si ce scénario se produit (flèche verte en pointillés), je prendrais probablement position à l'achat une fois la zone de S/R des ~6850 passée.
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Funnel : W/D/H4 (swing)
Requested by a reader.
The weekly is on a bearish bias. The daily is compressing (yellow). Nothing bullish in there.
However, the price being on a weekly zone of S/R, we could have a nice throwback followed by a reintegration of the weekly compression (white).
If this scenario (green dashed arrow) happens, I might go long once we broke the zone of S/R at ~6850.
Almost reaching new entry point!Correction going a little deeper but still not reaching a backtest level so if we want to be edge players need to waiting just a little more!
WAVES/BTC SHORTThe 2 months long bearish triangle is coming to an end, so the price must take the decision of where to go. Personally I think the most likely way is to the downside, because WAVES went in a bubble and very likely it did not find the bottom yet.
The next levels of price to watch for a likely bounce are 60k, 50k and 40k satoshis. Those levels have been important in the past for the price and they also coincide with Fibonacci levels.
After a breakout of the bearish triangle, it is important to look at the 60k level for buying opportunities, because it is very likely that the price will eventually re-test the bottom of the triangle at 69k. After that, a continuation of the drop is probable.
When will the breakout happen? Probably within this week.
Stay tuned for more updates.
Waves High Volume Bounce (60%+ Possible)Waves had a massive run by the end of 2018, but started the year in full negative and retraced for a long 113 days.
Right now I am seeing some massive bullish action.
WAVESBTC is printing its highest volume bar since January, and it will likely close highest since last years bull run.
The bounce is happening after breaking below MA200, very strong support.
The RSI hit deep oversold and is now trending up.
I also find it interesting that Waves decided to move today that Bitcoin is moving down...
There is good potential for a strong bounce here. Remember to use a stop loss if you decide to trade this chart.
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Thanks a lot for reading.
Feel free to hit like to show your support.
(Direction and targets on the chart).
Namaste.
Waves: price action signalOn the daily chart of WAVESBTC, the instrument is currently in the corrective wave C of ABC zigzag, which could be over as a Price Action reversal pattern has been formed - "Outside Day". Breakout of the high level of the signal bar could be an optimal price to open long with using trading levels that are marked on the chart.
$WAVES Bouncing from the ~5k sats support...
UCTS Buy Signal on the 6h
RSI Coming out from oversold lvls
MACD about to cross
volume rising.
Found resistance around EMA200, As mid target we can expect a retest of ~7200 range (While BTC Allows it....)
#WAVES
Hello this is my long term analysis on wavesIf waves dose not bounce from 5100-5500 zone then the following scenario is most probably in play.
Waves - Incoming price discovery?We have a really bullish inverse head and shoulders being formed . Price just found support in 61.8% fib level from last uptrend move and right now I am looking for a strong uptrend on WAVES in the next days/weeks. A good R:R setup can be easily defined looking at the weekly chart.
WAVES/BTC at a Support, more below. Waves a buy now? soon?WAVES has been making waves allright, waves downward.
Some of those waves are nearing completion or exhausting.
Fib Confluence zones show the Support and Restance zones.
5334-5536 band showing energy but double tap is a worry.
4490-4659 band ought to be very strong support if reached.
4118-4167 band is Bulls' Last Stand, below which is Doom.
Also see some of my recent ALT coin trade calls below.
ADA breakout
XLM breakout
TRX Support
XRP bounce
DASH top
Waves heading towards supportTook a couple of percent gain on the Golem call. That rocks....
Waves looking good on the hourly and 4 hourly, not so crash hot on the daily.
