Waves due for another spring in priceKryptomilionar's analysis of waves () got be looking at the waves charts a bit further. I know this might not be the traditional way to draw fib channels, but it does highlight some interesting price action. Waves likes to burst upwards between the channels. The last burst was weaker than the others, but still made the jump. If waves has some steam left in it, another increase in price may accompany the next channel hop. Waves might not be a bad place to rest some money for the next couple of days.
WAVESUSD trade ideas
WAVESWAVES/USD Moving in triangle. This my view for long term. Its not trading idea. RSI in overbought zone
WAVESAs soon as Money Flow index moves above 50 line and MACD stays above 0 line, we should see a run up. Sell around the $6.25 level, leave some profits for the long run.
Long Waves
BTC is currently 3 tx/s.
Eth 6 tx/s.
waves ng = 100 tx/sec.
waves ng = 100 tx/sec.
Waves also has dex coming!!
Waves crossroadsWaves has tested resistance a couple of times at the $5.20 level and needs to decide if it will break out above this level and follow a new uptrend support or fall back to lower support at $3.25. Typically wedge patterns often resolve at about the 2/3rd mark which is about where the chart sits right now.
Waves 3x until 2018Immidiate events
1. Carrying out ICO
2. Decentralized exchange
3. Heavy advertising in mass media.