Wave Count Of WavesHello friends. Here we can see that the Waves Ponzi token is forming an ending diagonal. We are planning to short waves at $12.30 with a good size because after reaching this target the price is expected to go to zero.
The reason why the price needs to pop up here is for the big whales to get more shorts. They are very bearish on this platform, so they steal the shorts from people who used too much leverage and get liquidated as the prices move up.
Thanks for playing.