WAVES ROCKET!?Guys I've been watching WAVES/USD for awhile now and it looks like we may be getting a break out here. Sorry if It's a bit clustered but the red box is a resistance area of value and the green and purple play a the support area of value. We continue to see higher lows as we come up to test this resistance at the red zone we also broke our last level of structure just slightly. The trend is up I think next time we come to test the top of this red box we will break through and sit on our next level of structure which is the yellow dotted line and hopefully continue up from there.
I meant to post this yesterday but here's where my brain is at on WAVES/USD
(NOT FINANCIAL ADVICE!)
WAVESPERP trade ideas
WAVES - Catch the Wave - LONGLong. Important Resistance has got to crumble here. Two possible paths. $18 is inevitable. Target given.
like the way it looks 12 hour diamond and got the anchor and trigger waves love to have a white diamond to boot
WAVES possible playout !WAVES / USDT
In Macro view we just retested previous strong resistance Which act as support now
The trend still up and very bullish as long as we hold above 8.5$ by weekly candles
Good luck 🤞
WAVES WAVES looks so good right now. About t break out of a wedge and head back up to highs imo. good entry here I would like to take
Long TradeI work out a Bipoon signal to buy WAVES. I go on highs, it's scary, but what to do? We need to work out the signal. I put a short stop under the loi. And take a take on the local uptrend. Signal ratio almost 3: 1
Heikin-Ashi system, how to get out and take profitIn this idea you are shown when the uptrend is showing signs of weakness and when it’s a good time to take your profits before the trend change. It can also be a good place to short a market.
Indicator 1= stochastic is overbought and ready to head down
Indicator 2= Price has hit upper band of donchian channel
Indicator 3= CMF heading back towards 0 line
Indicator 4= red doji is also a very strong indicator along with the green doji before it
Long TradeI work out a Bipoon signal to buy WAVES. A buy signal came. But scary at current prices. Placed a pullback order closer to the lower border of the uptrend.
$WAVES to 15$Here I show an idea I've got. I think WAVES is primed for a rally to bring a x2 return.
All glory to the upside
All wicks to the downside
WAVES - GRAB THE SURFBOARD!WAVES is a project we have been keeping an eye on for about a year and we missed the November and December 2020 rally. Luckily we saw a decent retracement
in the price. Wave's price retraced 29% off it's high of $9.33 set on 07 December last before we went long WAVES/USD on 05 January and are +66% on the trade. It is time for us to catch a second wave with the $8.90 resistance eclipsed.
We have rising moving averages on a 1 year chart and the price has found support consistently at the 120 exponential moving average ( EMA ) throughout 2020. Waves reached $16 back in December 2017 so the price is still some way off the all time high.
Since its inception in 2016 by Ukranian theoretical physicist, Sasha Ivanov, Waves has been focused on the mass adoption of blockchain technologies. The team's main focal point is to improve user experience and build relationships with legacy institutions in both the public and private sector. The team originally aimed to simplify the process of asset tokenization and both crypto and fiat transfers. The Waves Blockchain Platform has since evolved to support smart contracts and dApp development.
Waves was designed to address the confusing cryptocurrency user experience and bring blockchain technologies to legacy institutions. It aims to achieve this by implementing interphases which are familiar to the average person.
Consensus on the Waves blockchain is achieved through a novel mechanism called Leased Proof of Stake (LPoS). Although there is hefty competition in this space already, most notably Ethereum , EOS , Lisk, and NEO, Waves stands out in its understanding of what it takes to achieve mass adoption of cryptocurrency and other blockchain technologies.
Waves looking ready for lift offWaves forming a bull flag on the daily.
A daily close above the flag will bring us massive gains.
Bitcoin seems to be holding up, any sudden moves I expect alts to crash.
Caution and patience required
WavesUSD final leg to ATHThis is a very simplistic analysis of a cup and wave indicating a potential of returning to ATH in the $20's. Nothing more than a technical view or complicated on the daily chart.
Any other thougths?
Best wishes and happy trading.
WAVES/USDTAccording to me; WAVES close to break triangle above.
It will complete cup formation when reach $13 and that will be new support for new ATH.
There are hidden bullish divergence between price and RSI.
As an OBV total volume increasing and money flow WAVES with this conditions it looks reach Fib 1.618 $13.
Fib 0.618 very good enter point.
Buy: $5
Sell: $13
WAVESUSD - 40 days of consolidation. Time for another breakout?* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: WAVES_01_16012021
STATUS:: Contemplating about the entry point
TYPE:: Long
PATTERN:: N/A (Still expecting a descending triangle on a lower timeframes or any other consolidation pattern on 1H timeframe)
SIGNAL:: 4H MFI
FILTER:: 1H OBV Delta, 4H OBV Delta have to turn green. Price is already above 168EMA on 1H chart
VOLUME:: $3000
ENTRY:: 6.94XX - 7.4XXX
TP1:: 10.17 - 11.54 (30-60%)
TP2:: 12-15 (50-100%)
SL:: 6.8335 / 1.68%
R/R:: 28
RISK:: $50
REWARD:: $1000-$2000
PROS::
1. We got a breakout on 4H MFI which is very bullish and can lead to a big move up
2. 40 days consolidation from the previous high might be enough to go higher
CONS::
1. It will be nice to see a confirmation of our counter-trend line before we enter the deal
2. 1H and 4H OBV Delta are still red. We need to see them green if we expect the price to go higher
OVERALL::
* We still don't have a clear entry point!
* WAVESUSD already gave us few buy signals, but it is still going sideways. So we are still waiting for a PREMIUM buy signal confrimed by a price action
* We don't know yet if the counter-trand line is really showing where the resistance is, so it's better to wait for a price reaction on that level around 6.8XX and 7.4XX
* We MUST be ready to go long on WAVESUSD the move up might occur anytime soon, but let's clarify where the REAL resistance is to buy a breakout
* I will provide my entry point in this publication, so make sure you subcribed on this idea
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And remember - this market doesn't respect doubters!
Thank you!