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WAVES / Bitcoin

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WAVESBTC trade ideas

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 ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
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by PolarHusk
18
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-
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by Michael_Wang_Official
2
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!
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by Pearlumie
1
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
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by PolarHusk
2