Waves is one of the best crypto currencies out there in the crypo world. Like most of our recent analysis patterns Waves is also in a falling wedge creation pattern. It seems its in its dip position since such a massive longer period of time in this short history of the crypto world. So if the candle closes below that green support line of the falling wedge we might see a further correctional continuation. But the most probable scenario is a rebound upwards and a creation of an elliott waves. Next strong resistance is around 39690 sats in the mid to long term frame. RSI is considerably in a very low level at around 15 and volume needs to increase to see the spike. Entry Zone : 24500 sats and below Stop Loss : 22000 sats Mid / Long Term Targets T1 : 39690 sats T2 : 49300 sats T3 : 57060 stas T4 : 64830 sats T5 : 75880 sats T6 : 89960 sast Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
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.