*****I'll update a thread in comments if bitcoin creates further pullback**** but here's my targets breaking out this range. Add another 100% for T2. Safest way to play this is a limit buy order above break out and put stop under white box (confirmation play) or place stop under first red box.
Previous resistance on the 20 week / 150 day moving average has now become support after the first life cross on this 3-day chart. A strong signal in its own right and now Stochastic RSI is seen sharply moving to upside with higher lows produced on the RSI .
Hi, today we are going to talk about WAVES!
In this chart, we observe an excellent opportunity of buying in the long term (Time Frame: D1). Details are highlighted above.
Thanks for reading, and have good trades.
Waves has one of the most potential bullish charts in the crypto sphere. Sharing my two cents on WAVES/USD. If this zone holds, there where be lots of greens for waves. Or else, bears will again take over waves and take it DOWN.
#waves $waves/usd #waves - daily
Range 5.15 - 2.41
support test at 2.41
possible bull flag pattern
btc macro trend uncertain
VOL ATR - LONG
long term long
next resistance up ~ 5.15
support at 1.43 and .92
If my ideas are helping, please consider using my Binance referral link to trade $WAVES
thank you, and trade responsibly - this is my idea...
WAVES WAVES/USD Daily - Long term LONG
Increasing volume from December lows helped this price break 2 supports before finally bouncing off resistance at ~ $5
Curently Testing bottom of range 2.38
Will be watching for move up trend line as well as bitcoin macro conditions
MACD indicates bounces off reistance at $5 and is now flat
VOL ATR - LONG
This is not financial advice, only for educational purposes and to share my opinion about technical analysis data of the Waves cryptocurrency.
Please do not hesitate to comment and share your own ideas.|
The red line on the chart is probable 50% retracement from the beginning of wave 1 of that yellow line
if the bulls do not show-up the bears will drive the price down and eventually the red line that is temporally acting as a support will break-down
The color of the Heiken Ashi the day AFTER the white line will determine the swing direction.
I can't say anymore because I am in violation of TRADINGVIEW house rules. At least, in this account.
I no longer own the 1st Djinn Predictive Indicator. Still own the 2nd and 3rd Djinn.
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HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
We have been watching and trading WAVES in...
After a nice 300% rally here is what I see per a live stream request.
We are looking at a potential "confirmed kill" if we are unable to close a daily candle above our recent support turned resistance line. If we fail here, then our next support is coming in around the 50% Fib Retracement level - the green line on the chart. Since the Point of...