WAVES/BTC 12H (Binance) Falling wedge fakeout and back, uptrend?
Updated
WAVES is getting ready for uptrend, don't miss that opportunity to enter with BTC for mid term.
Plus, it's a Russian technology and Ruble (RUB) trading pairs have been added in Binance, could be the cause of the recent pump in lower timeframe!
Entry= 0.0000740 - 0.0000760
Take Profit= 0.0000799 - 0.0000849 - 0.0000899
Stop Loss= 0.0000699 or less
Risk/Reward Ratio= 1:1 - 1:2 - 1:3
I will publish a weekly analysis later for long term where a huge falling wedge is forming with USDT...
Plus, it's a Russian technology and Ruble (RUB) trading pairs have been added in Binance, could be the cause of the recent pump in lower timeframe!
Entry= 0.0000740 - 0.0000760
Take Profit= 0.0000799 - 0.0000849 - 0.0000899
Stop Loss= 0.0000699 or less
Risk/Reward Ratio= 1:1 - 1:2 - 1:3
I will publish a weekly analysis later for long term where a huge falling wedge is forming with USDT...
Trade active
Lowest entry hit then bounce to red resistance, that's +4.5% already!You can take some small profit here but I'd recommend to keep holding until targets.
Note
Another fakeout and back, downside this time, trade is still valid!Trade closed: target reached
All targets hit with a max of +25% profit, enjoy!Note
If you kept holding, price is now 0.0001037 BTC and that's +38% from entry ;)
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