WAVES has broken out from its down trend line but has not yet bounced back as hard as most other altcoins from last week's lows.
It is so far trading sideways between the 0.23 and 0.38 Fib levels, but could be headed upwards taking support of and facing resistance from the higher Fib extension levels drawn.
Subject to a large extent to BTC maintaining above...
. There is a possibility of temporary retracement to 13.5/14$
. traders can set orders based on Price Action and expect to reach short & long term targets.
. WAVE is in a uptrend and the continuation of uptrend is expected.
. The price is above 14$ zone leads more upside.