Waves crashing on the shoreLooks like a bear flag! 25%+ quick short.
No trading advice here. At own risk!
WAVESBTC trade ideas
WAVES Breakout PlanHigh rish high reward setup in play for WAVES at the moment. Having recently had an 80% rally we can see that a correction is ongoing, i'm looking for entry zones where I would enter a long position, if I see a reversal sign in the zone. The stop line on the chart could be raised to the ascending 0.236 fibonacci line (in blue) if WAVES breaks above the resistance line at 0.00045 satoshis.
Not an expert, not financial advise, just recording my ideas for my own development.
Feedback and corroboration welcome.
Biffy
Looking forward to the breakoutWaves fell a staggering 94.9% in value from December 2017 to November 2018, breaching the $1 valuation en route to an eighteen-month low of $0.0918405 on Nov 25th.
Since then it’s been nothing but gains, and day-on-day growth carried the coin to 139% gains over nine days, taking the dollar valuation to $2.14. The growth also outpaced Bitcoin, and saw Waves priced at 0.00053627 BTC – a valuation not witnessed since early June.
Currently there is a little drop in price, however, the situation was similar the day before yesterday and we can expect a nice breakout soon when bulls are back in the game.
Trading volume for the coin hit levels not seen since September, rising from $7 million to $37 million leading into Tuesday afternoon, with most coming from the WAVES/BTC pair.
Watching this levels now!!!If broke the upper line of wedge we can start believe in waves again!
Yesterday Waves usd was in similar situation and we have a nice Breakout!
For buy positions we can follow correlation Waves BTC ,Waves USD, BTC USD
Buy at back-test on upper wedge line Waves USD.
No other resistance in the near horizon?WAVE/BTC pair nicely responding to fib and elliot wave theory.Using support resistance fib and elliot is safer to trade pump&dump oppurtunities as indicators are useless in a such strong trend.Always move your stop losses up as it progresses.Dont keep them too tight because its to volatile.Watch for the Volume.If it goes up then there is enough fuel to feed the trend.These pumps and dumps are a gample!Watch out
Waves (WAVESBTC) Does 58%+ In 11 Days (Room 4 More?)Waves has done great in the past few days, increasing over 50% in value. Is there room left for growth?
Today we are likely to go as high as EMA100 (blue) line max and retrace from there. Depending on how the retrace goes, there is still plenty of room left available for growth.
If you look at the weekly chart, this looks like just the beginning...
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Thanks a lot for reading.
Namaste.
Waves lowkey pumpingHey Guys, I just found Waves lowkey pumping 20% over the last days with very low volume. The 4 Hr RSI is overbought and i expect a retest around 2900 before we
reach our next targets.
Possible targets are:
3100, 3430, 3620 , 3830, 3900, 4160, 4300
Remember, this is my opinion! I am no financial adivsor!
Good luck family
WAVES super narrow channelWhen Bollinger bands sqeeze into Keltner channel it means that a huge move is coming. I'm not ready to give any predictions for direction in this bear market, but in this situation we can put a tight SL and secure the risks, while potential for good profits is still very good. We may see spike towards 2800 which is ~9-10% profit.
I have found the solution of the "waves" chart Just lay back and enjoy my elliott waves analysis!
looks like we have finished the 5th wave of the bearish (12345) impulse wave.
A trend reversal in the whole waves(coin)/BTC chart is highly possible in my opinion
A new bullish long term (12345) impulse uptrend waves could start in the next few weeks!
Look at the different colors , the arrows and the description in the chart and everything should be clear
best wishes!
