stront

WAVES trade opportunity

Long
stront Updated   
BITTREX:WAVESBTC   Waves / Bitcoin
After hitting the dip at the beginning of November, WAVES has been growing. I think that the correction movement of the past 2 weeks is going to stop at 0,5 level of Fibonacci as WAVES has successfully tested this support level.

Targets are:
  • last high at ~109k which is in the traffic zone of August-October
  • ~136k as top of the traffic zone
  • ~150k as 1.618 level of Fibo
  • ~170k

Feel free to criticise and discuss! Would like to hear your opinion!
Trade active:
The correction didn't stop at 0.5 level, but it did at 0.382 which was another good buy opportunity. The targets remain the same.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.