Like many other coins, WAVES suffered hard in the recent market wide dump and fell below the support line.
Right now, its recovering and climbing back up above that support line.
I'm expecting it to pick up again the upmove where it was last week.
First good sign is consolidation above the horizontal trendline, next is breakout of this pennant.
Lots of developments going for WAVES, I'm confident we'll see a bullish move very soon.
Long term target didn't change that much: towards 0.003
Trading advise: safe traders wait for break out of the pennant ( I will update).
Traders whom are willing to take a bit more risk, can by once it consolidates aboven the horizontal support. SL below previous lows
Right now, its recovering and climbing back up above that support line.
I'm expecting it to pick up again the upmove where it was last week.
First good sign is consolidation above the horizontal trendline, next is breakout of this pennant.
Lots of developments going for WAVES, I'm confident we'll see a bullish move very soon.
Long term target didn't change that much: towards 0.003
Trading advise: safe traders wait for break out of the pennant ( I will update).
Traders whom are willing to take a bit more risk, can by once it consolidates aboven the horizontal support. SL below previous lows
As written above: wait for a consolidation above the support or the break out.
Call me stubborn, but Im still bullish for the mid term