Here is a nice one... One of our friends called this one to my attention and I would like to share it with you.
First, how are you feeling?
We are entering the weekend and all seems pretty good.
The market is alive. It continues to live.
The participants are alive. We continue with our communications; we want to share, to grow, to experience, to win.
Waves is still alive... This is the type of chart that I like.
That's the intro... Ok! Let's get started!
Waves hit the lowest price in July 2024 since March 2020. I think this line alone should ring some bells. The lowest price since 2020 and we have a higher low.
The crash of 5-August was the strongest drop in a long while for the cryptocurrency market. Looking here at WAVESUSDT, this drop failed to produce a lower low compared to July 2024. This is interesting and important. This can tell us that the low for this pair is likely in. You know what I like to say; Once we hit bottom, money all day!
The last signal in this long-term higher low followed by short-term higher low pattern, is the trading volume. We are looking at the pair on HTX and look at the volume. It is massive, the highest ever and, it started to rise in 2023... So this is long-term whale accumulation.
Well that's it, I am not going to get too excited is not like I am getting paid.
The strategy is simple: Buy and hold and wait for really high prices.
This is likely the bottom and thus only growth can follow.
If prices drop more, over and over, again and again; then hold strong; or even better, buy more or as much as you can.
We are looking at Waves now but this strategy is valid for all the altcoins that are trading at bottom prices. This can be life changing in just 1 year, late 2025.
In this chart I am mapping only two targets and up to 900% potential profits but there can be much more long-term. My goal is to alert you of a great entry, the opportunity; your job is to use this information in the best way you can.
Namaste.