WAVES on its way to $50??Update on WAVES:
1) I mentioned previously that we could see a breakout above the red box. I have now tuned the box green because it has flipped from support to resistance. Keep in mind we still saw quite a bit of resistance in this region but it was enough for the bulls to break through it. Since this gave us a decent amount of resistance I expect it to provide decent amount of support in a potential move back down.
2) I mentioned that we could see a breakout and re test of the now green box before seeing more upside potential. I was originally skeptical of this because of how quickly we have rallied, and I still am.
3) The Ichimoku on the 4 hourly has started to gain quite a bit of bullish strength with this consolidation we have had. This is a great sign for further upwards movement.
4) We have a cup and handle formation on the 4 hourly, also a good sign as it seems we have broken out of the pattern recently.
5) If we manage to break the previous high set in October, WAVES could easily push $50.
6) I still expect a re-test of this green box before further moves to the upside. This is something I will keep my eye on.
7) We are currently testing previous highs set in October. A re test of the green box and a bullish consolidation (like we have seen with the 4 hour cup and handle) around the high set in October could send us to new all time highs. Again this is risky IMO as we have rallied so much in such a short amount of time.
8) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
WAVESUSDT trade ideas
braking ascending triangle
stop-loss if it comes back to the triangle and breaking it to the downside and if its price continues upwards set stop to the entry price and always remember to pay yourselves and take profits.
have a good day everyone and good luck!
ill be glad for corrections and tips!
WAVESUSDT Top of range hit againWe just hit top of the range, put limit order at current high or just go market order in like I did. Stop loss a decent amount above current top. Let's do 2 good trades in a row on Waves.
wavesUSDT if it gets there , it is a good place to enter .
WAVES But the only reason for the growth of this currency without a temporary drop in price is only the presence of very large money in this currency, which is not clear to what extent it will accompany this currency.
not a financial advice, i'm not an expert here, just chilling and throwing money to the bin lol.
WAVESUSDT Top of range hitWe just hit top of the range, put limit order at previous swoop of range top. Stop loss a decent amount above current top.
WavesusdtIt is a cup pattern but 31.5 is a resistance. If the 31 to 31.5 break the next target is 35$ and 37$.
Waves Short (Entering a trading range)Based on price action and seeing three pushes which created a wedge and seeing the leg1, we could predict to see the leg2 and most probably longer than leg1 specially with the big shadows in the previous candles showing the losing momentum as well as seeing short scalpers entering. + (getting lower highs in RSI)
Not Financial Advise
WAVES USDT Review>>>>>>>>>>>>Hello Everyone
by review on the WAVES chart and
The third pump of the process isnot still over
And I think with the correction to the 0.618 Fibonacci zone and the 55 and 100 day MA
From this area, it is still possible to return the price and continue the route to the specified target
PLZ RDOR
With hopping success>>>>>>>>>>>>>>>>>>
Wait! for Short!Compare this chart with btc chart (1h: 24jan22 - 02MA22).
This pattern has a good percentage of occurrence.
🌊WAVES- pump might not be over, but correction needs to happenOn a bigger scale the price can definitely go for one more leg up, but I think before it happens it needs to correct further down. This gives us a potential short opportunity.
Trade idea setup: (visible on chart)
Take profit: between 23.00 - 22.60
!!-- always DYOR and remember about risk management 👌
WAVESWAVES / USDT
Long Idea 10x -20x
(4hr)
Waves forming a symmetrical triangle on 4hr chart.
Put a stop loss
WAVES, possibly peaking.The following is machine translation:
After a sharp rise, it was blocked at the 30 level.
began to gradually weaken.
If it falls below 24, it will be bearish, and the bottom support is near 17.
Focus on shorting below 24 and take profit near the support level.
waves short 1hwaves is in this range. It is expected to climb to the range of 24.700 after touching the range of 28 and to continue the fall if the range of 24.680 to 22 is lost.
Waves Bad For BuyWaves Technical analysis basically on elliott wave Principles and Priceaction Strategy
Wave can be 7$ its not good to buy
Bad time for buy
Wait and watch
WAVESUSDT - Flag/Pennant Pattern!!WAVESUSDT (4h Chart) Technical analysis
WAVESUSDT (4h Chart) Currently trading at $26.55
Buy level: Above $27 ( Buy After Breakout)
Stop loss: Below $24
Target 1: $30
Target 2: $35
Target 3: $42
Target 4: $50
Max Leverage 3x
Always keep Stop loss
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Buyers insist on not falling But ..Given the Neutral range OF btc, this crypto is also in a state of disarray, and given that it is close to support, the possibility of support failure and a noticeable drop is possible to some extent.
WAVESUSDTif 1h candle close above 26.65 and above triangle , it will go up to 28.765
if 1h candle close below triangle , it will go down to 23.765
'Buy the breakout' idea here. Indicators support continued uptrend once breakout of resistance and pattern is achieved. TP target from the measured move at the start of the pattern.
WAVES, what is next?Here is what I see with waves:
1) We've been in descending channel for quite some time now, recently retesting the lower boundary and now the upper.
2) The red box I drew out a few days ago, and we see that waves is experiencing enough resistance to stop it dead in its tracks for almost a week now. This red box represents a key a zone of resistance (from previous price action) as well as the area between the golden pocket and the .236 level.
3) We have rallied 300% very quickly here in the past few weeks on waves. I believe it is time for a cooldown.
4) Scenario 2 is much more likely to play out that scenario 1 in my opinion, but scenario 1 is still on the table.
5) Scenario two will likely bring us back to the green zone of support below us, before moving back upwards. If we fail the green box, waves could potentially reset its entire price action for the past month or so by making its way to the lowest green box.
6) The RSI has been hanging out in the overbought territory for too long on the daily. We need a pullback if we want to sustain further upward price action IMO.
Overall I am short term bearish. Depending on how BTC reacts within the next few months could be a determining factor on waves in the medium/long term.
Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
It's time to rest and reduce! Enough ascent.During this time, a good return has been made for those who had this crypto. It seems that the historical resistance will be a strong barrier and the price must be corrected.
