Waves due for another spring in price

27 oct 2017

Kryptomilionar's analysis of waves (tradingview.com/chart/WAVESBTC/GzSFBLC0-Harmonic-pattern-Waves-is-gonna-shock-the-market/) got be looking at the waves charts a bit further. I know this might not be the traditional way to draw fib channels, but it does highlight some interesting price action. Waves likes to burst upwards between the channels. The last burst was weaker than the others, but still made the jump. If waves has some steam left in it, another increase in price may accompany the next channel hop. Waves might not be a bad place to rest some money for the next couple of days.