Waves: Another highI use Elliot wave in combination with Fibonacci to create my charts. The 3rd wave is extended, I would expect a marginal new high in wave 5
WAVESUSD trade ideas
WAVES/USDDoes this set up look familiar? Check out $BAND/USD's daily chart. I think buying WAVES here is a good idea. Target 4.84
Waves/USD LongTechnical:
-Price shows compression.
-Bull wedge
-ABCDE pattern.
Fundamentals:
What is wave doing :
Waves Platform’s mission lies in creating an ecosystem that aims to accelerate the shift from centralized to decentralized systems and an emphasis on the individual’s control of their own funds and assets, personal data, and privacy.
Waves Platform describes itself as an open network for Web 3.0 applications and custom decentralized solutions, with a range of purpose-designed tools for making the process of developing and running dApps easy and accessible.
Launched in 2016, Waves has since released several blockchain-based solutions.
Waves’ technology is designed to address the needs of developers and companies that want to leverage the properties of blockchain systems – including their security, auditability, verifiability and the trustless execution of transactions and business logic.
We set :
invalidation point at :
3.11099310 waves/usd
Actual price near :
3.72 ~ waves/usd
Target Expected at :
4.82705325 waves/usd
Aprox return expected(%) :
28%
$WAVES WILL BE A POTENTIAL MOON BAG OF MINE FOR 2020-2021I'll be posting TA's with mainly different $ALTS on this account from now now.
Trying to make this an ALT coin STRICTLY account.
The more my followers grow the more content I'll be posting.
$WAVES breaking a 2 year resistance in coming days.
Updates on this post daily.
THE WAVES ARE JUST BEGINNING TO PUMP - 10X The weekly charts tell us much. This chart is no exception. You can see WAVES is just beginning its journey. I have placed the key resistance areas. Once we WAVES break through the next resistance, there is a ton of headroom to fly. Volume is steadily growing. Given the progress that the team has made and new deals being penned every other week, it is clear from the chart that they have momentum.
Don't be surprised if we breach $5 very soon (my first real target) and after that I can foresee a BAND or LINK like parabolic run. And...if there is an imminent listing, I can only imagine the tsunami of price action. A 10X is not out of the question with this one. And is it clearly not a scammy UNISWAP dodgeball. WAVES has been in existence for many years. The team is experienced. They are doing real deals. There is much to learn about their progress. Keep your eyes on the WAVES!
This is extremely early days. Bull run is not here (yes, really). Catching WAVES early is important. Ask any crypto surfer!
Not financial advice. DYOR. I am only here to add my unique opinion to the rising tide! Enjoy the WAVES
Love and light.
Crypto Nut
WAVES/USD Hits Vital Make Or Break Level
Wave's massive breakout from July hits a barrier slightly at $3.65, leaving $4.0 untested.
WAVES/USD relies on the support at $3.0 to avert possible declines and stage a reversal towards $4.0.
Waves an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions has been attracting a lot of attention lately mainly due to the ballistic price action seen over the past few days. The network’s native token broke out extensively from July consolidation range between the support at $1.0 and the resistance limit at $4.0.
The most significant gains came into the picture following a break past the moving averages resistances including the 50 SMA and the 100 SMA. Meanwhile, trading above $2.0 encouraged more buyers to join the market. This led to increased trading volume and coupled with a good technical picture, sent WAVES/USD into the skies.
Waves is currently the 46th largest digital asset in the market by market capitalization. It has a market cap of $318 million at the moment. In the last 24 hours, WAVES has attracted a $3189 million trading volume; a massive improvement for assets that averages a volume of below $50,000. The market capitalization has almost doubled in less than seven days, reflecting the uptake on the token on multiple exchange platforms.
From a technical perspective, Waves is staring into a possible breakdown especially if the support at $3.0 is shattered. The incredible price action from the beginning of the week was ballistic but hit a monthly high of $3.65. A minor reversal has been underway with the buyers holding tight to the support at $3.0.
However, technical signals from indicators like the RSI and the MACD highlight a building bearish momentum. If a bounce occurs at $3.0, WAVES could get the boost it needs for action above the next hurdle at $3.50 and kickstart the rally to the crucial level at $4.0.
Waves intraday levels
Spot rate: $3.0
Relative change: 0.24
Percentage change: 45% (gains in the last 24 hours).
Trend: Bearish bias
Volume: Low
Possible performance WAVES/USDVarious support and resistance were drawn.
Fibonacci was also taken into account in the analysis.
According to the RSI, between 08/12/2020 - 08/15/2020 it shows that there will be larger movements.
I'm Bullish on WavesRight now, Waves had a really steep bull run and I'm still quite bullish on Waves. I think for the price it is and the technologies they are offering, this is one of the altcoins that can burst quite soon. Also, I think some of the patterns do show what can happen if it does have continued support. Look at the ATR for example. That being said, I may or may not have a conflict of interest. Everything I say is on an opinion based basis. Please proceed at your own risk and do your own due diligence. This isn't meant to be taken as actionable financial advice.
