Big Move coming in Waves. Wavesbtc can pulloff another 100% here(green line).
.sitting nicely on weekly 100 MA and Weekly tenkan ..
breaking out of weekly bearish clouds too.
Waves doing 5-3-5 Elliot wave move..Initial 5 wave move is 'A' and 3 wave down move is (A-B)..another Impulsive 5 waves to go (B-C)..
Stop is also must here at the redline..
WAVESBTC
WAVES preparing for moonshot or...WAVES have couple patterns playing and we need to see which one will play although we're inclined for continuation of uptrend.
There's a big symmetrical triangle which is main one and we did ABCDE completion inside, now we should have a leg up to 13278 SATS (not so fast)!
This symmetrical triangle is crossing with a descending triangle thus we need to be careful here... break below 69nn would play descending triangle and be awful.
To complement the symmetrical triangle there's an ascending triangle smaller than those two previous patterns that should go to top for test of 0.618 and retrace making E of ABCDE on ascending triangle.
A break up above 0.618 (which is in fact 0.38 - my fib not upside down, I want to show -0.236 target at 13278 SATS), will be confirmation of symmetrical and ascending triangle that will lead up to targets depending on market conditions aka BTC.
Breaking the symmetrical triangle which has completed ABCDE will lead us to resistance of 0.618 and most probable retrace to test bottom of ascending triangle, which will also be the conclusion of ABCDE of ascending triangle and we're bound to break up! :)
Depending on your entry:
TP: 8900 - 9507 - 10666 - 12090 - 13278
WAVES just getting started!!
Waves has continued its insane run since the end of last year closing up an insane move of +350%
We pulled back right into the demand zone, which aligned nicely with the 50%FIB level
We could still see another test into demand if BTC does drop lower, which could give traders an even better entry
We could possibly get a break of this level and fall down into the golden pocket where longs could be triggered
Possible targets to the upside are shown in the chart with the largest being the extension target around 0.0022
Thanks guys!
WAVES is on the runWAVES is bullish in the short term.
- StochRSI is resetting on 1hr time frame.
- Bullish hammer candle stick on 1hr at 8065 sats to confirm reentry.
Targets_short term
-97000
-10775
-11765 (Double top)
Target_Medium term
-138000
-148000
There is a trading opportunity to buy in WAVESBTCTechnical analysis:
. WAVES/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000700 to 0.000610). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000700)
Ending of entry zone (0.000610)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0007900
TP2= @ 0.0008380
TP3= @ 0.0008870
TP4= @ 0.0009800
TP5= @ 0.0010450
TP6= @ 0.0012090
TP7= Free
Beautiful battle!0,00087 and the bulls are going to win this battle!
The VST airdrop surely will help...
Surge in volume for WAVES 9700 inbound!?! Possibly higher!Hi Friends!!! Hope everyone is having a great day of trading and welcome to another analysis on your favorite altcoin breakouts!!!
I decided to do a quick technical analysis on WAVES, earlier today i was scanning the market on
Binance i noticed WAVES spike up roughly 10% though i did not see a significant amount of incoming
volume at the time of the spike. A few hours later i glanced at Binance once again and noticed WAVES
trading around 17% with nearly 5000 BTC as volume. We can see from a technical standpoint that once
WAVES broke above the 7500's level pumped to 8500's within an hour and a half which was a 12% increase
in price. Currently at the time of doing this analysis the price of WAVES is trading at 8029 with volume steadily increasing.
I personally believe we can see WAVES within the next few days reach the 9700's level if not higher. I am seeing the
all time high at 11000 and believe if we can break past that we will go parabolic. I will be keeping a close eye on WAVES
as we could experience a large increase in price upon breaking all time highs and will keep everyone updated!!!
Make sure to check out my discord community, the link is on my profile page!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
WAVES could be starting a new uptrend
Now is definitely not the best time for trading, considering weak BTC. but some coins do show some potential. Waves is the one of them as it has its own chart that ignores Bitcoin movements.
Food area for bounce. Since beginning of previous grow 0.5 correction. Once 7250 becomes support it will grow further, even against BTC (hopefully). If not stop loss can be set very close to buy zone now so risk in this trade will be minimum. Still I prefer to enter it only after it gets above that important resistance level.
Waves / Bitcoin (WAVES/BTC): Supports, Pivots & Resistances>> efcindicator.com (Special Discount) Find Winning Trades In Seconds
Waves / Bitcoin (WAVES/BTC): All The Supports, Pivots & Resistances – Short-Term
$waves news pump inboundwaves have the ultimate bull plan for January 2019:
Binance New WAVES Pairs
Coinsuper Listing
VST Airdrop Announcement
Bounty program
Blockchain Gamer Connects
Partnership Announcement
See - coinmarketcal.com
if waves can close the day above the 21 ema then the targets set are achievable its just how high the news carries it!
WAVESBTC Trade SetupShort-Mid Term Trade
-> Accumulate in the given Buy Zone
-> TPs at the Blue Lines
-> SL at the red line