WAVES 2 cup and handle patterns
#WAVESUSDT
WAVES made 2 cup and handle patterns, the cup of smaller pattern is exactly 7 weeks.
bullish scenario: price will go up to complete the first C&H pattern at $40, and $50 will be the target of older pattern.
bearish scenario: if price close a daily candle below support of $27.45, it is possible to drop more to $23 and $20.
WAVES made 2 cup and handle patterns, the cup of smaller pattern is exactly 7 weeks.bullish scenario: price will go up to complete the first C&H pattern at $40, and $50 will be the target of older pattern.
bearish scenario: if price close a daily candle below support of $27.45, it is possible to drop more to $23 and $20.
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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.