WAVES/BTC (Strong Bounce @ 50D MA?)BINANCE: WAVESBTC
-Waves bounce strong from 50D MA and upward trendline
-It is now testing two trendline resistances
-The downward and horizontal resistance lines
-If Waves can above the downward trendline
-But unable to break the horizontal resistance
-I expect it to consolidate inside the small triangle
-Still too early to provide an entry and exit point
-I'll wait for better price action or pattern
-Before sharing my potential trading plan
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WAVESBTC trade ideas
WAVES/BTC: Consolidation Before a Bullish BreakoutIf you like this analysis, please make sure to like the post!
I would also appreciate it if you could leave a comment below with some original insight.
In this analysis, I'll be analyzing Waves' technicals in order to assess its bullish probabilities.
Analysis
- To begin with, Waves is currently consolidating within a descending channel
- While creating lower highs and lower lows, this is a potential bull flag setup
- After reaching support, it has formed a bullish ascending triangle
- Within this triangle, we can see that it formed a textbook Elliott Triple Wave Combo Wave (ABCDE)
- From this bullish setup, it broke out and closed above the 0.236 Fibonacci retracement resistance
- We are yet to test the resistance at the 0.382 Fibonacci level, and could expect a rally to continue up to the 0.618 resistance
- A break above the descending channel trend line would confirm a further rally to retest local tops
Conclusion
Taking into consideration that Waves 2.0 Testnet will be released around September 30, and the current bullish setup, we could expect a huge upside for this altcoin.
Don't predict the market. Take it by levels, and play by probabilities.
- Michael Wang-
WAVES - BUY LONG AS HEDGINGJust buy now. Nice pin bar is forming. Sitting on the support located in the triangle formation.
Good as hedge in the blood times.
Tradeplan Waves/BtcTradeplan BITTREX:WAVESBTC
buy in: 0.00028485 - 0.00030013
goal 1: 0.00031106 - 9%
goal 2: 0.00032827 - 15%
goal 3: 0.00034621 - 22%
goal 4: 0.00037171 - 30%
buy-out: 0.00026193
indicators:
RSI: above 50
Alligator: Mouth open
Bollinger Bands: place to grow out
When the alligator close his mouth and rsi is below 50, it can be a trend reverse..
NEW TRADE (BULLISH) $WAVES $WAVES #WAVESBTC #BINANCE
NEW TRADE (BULLISH)
BUY 2835 - 2902
TARGETS
1- 2933
2- 2957
3- 3014
4- 3053
5- 3090
SL 2835
Let's Go
WAVESBTC - Long - Potential 40.82%WAVESBTC - Long - Potential 40.82%
Entry - 2855
TP1- 3194
TP2 - 3425
TP3 - 4024
SL- 2466
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
Waves Clean Chart.Waves turned a big resistance to a dependable support around 2800 sats. With lots of news coming and Coinbase speculation, waves can absorb attention again and show some nice moves like it had in 2018. This week is to save 2800s ats as a support area so after that 5000 sats and next interesting area 7000 sats are in play.
WAVESBTC - Long - Potential 44.1%WAVESBTC - Long - Potential 44.1%
Entry - 2827
TP1- 3194
TP2 - 3425
TP3- 4024
SL- 2466
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
WHAT'S WAVESBTC UP TO? — 100DAYS OF TA, DAY 68Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 68 of the 100 Days of TA is here! Today's spotlight is on WAVES (WAVESBTC). I talked about WAVES next direction and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
WAVES/BTC (Deep Pullback or Minor Consolidation?)WAVES/BTC
-From the Low at 1300 sat, the price increased by over 200% profit
-Today, it is pulling back to Fib key levels
-If you are looking for good bounce trade setups
-The 0.618-0.786 Fib levels are perfect for ladder entries
-The chances of a strong bounce are high and the risk is low
-If WAVES has more room to go up or uptrend continuation
-It must go back above the 3400 sat range or higher
-That will give an indication that the Bulls still have stamina left
-You will either play the breakout continuation or bounce at key levels
WAVESBTC ABOVE 0.0003070 IS VERY BULLISHWAVESBTC ABOVE 0.0003070 IS VERY BULLISH IMO
ALL THE INDICATORS ARE SHOWING UP, THE 4HR MACD HAS NOT BEEN THIS LOW IN OVER A YEAR
JUST MY PERSONAL OPINION