Waves / Bitcoin
Long
Zaktualizowano

Is WAVES about to explode?

1124
Lots of interesting signals here. Just waiting for the volume to confirm.
Zlecenie aktywne
Explode it did. Now broken out of descending triangle on the 1-day chart. Let's see if volume continues into the 3-day chart. Looks likely, Upwards and onwards.

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Zlecenie aktywne
Volume now showing on 3-day chart. Major trend lines indicate targets.

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Zlecenie aktywne
Kaboom! 100% gain in 6 days ;)

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Zlecenie aktywne
As you can see from last uptrend the surge spent some moments before continuing to the first trend line.

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Zlecenie aktywne
Drops to this strong support before moving upwards and onwards..

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Zlecenie aktywne
Blue circles indicate where we are in the scheme of things. If history means anything, I'm holding until March at least.

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Zlecenie aktywne
Beautiful watching history repeating itself. Was half expecting some bounce back from the next support level but it never happened. Onwards and upwards it seems, for now.

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Uwaga
PS: In case you think you've missed out, check the upper trend line we've repeatedly hit in each bull run. You might need a telescope to see it ;)
Zlecenie aktywne
Kaboom - almost at first major support & resistance

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Zlecenie aktywne
About to test a strong support area on the 3-day chart. Can count 6 tests of support & resistance over the last 12 months at this level, it is unlikely it fails to hold on this occasion.

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Zlecenie aktywne
Next stage up about to begin, waiting on two things.
1) Confirmation of support on the 20 week moving average
2) Volume

The 3-day Stochastic is now showing a crossover to the upside with an evident golden cross. A good moment to take a position.

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Zlecenie aktywne
Price / volume bullish divergence forming. Still could go a lot lower. Until the BTCUSD party is over alts/BTC pairs will continue to get hammered.

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