Hello, Traders!
Monfex is at your service and today we overview WAVES/BTC.

WAVES one of the losers these days, but we remember that marketmakers stand by this coin and at this chart we see the descending channel and the price is going to the bottom line. Also we see it's a bullish divergence by RSI and we can suppose that near the previous low will be rebound to the resistance zone.

  • Supposed Trade Signal by WAVES/BTC

    Buy near 0.0000890
  • Take profit ~ 0.0001034
  • Stop loss at 0.0000825

  • Market Cap
    $70 561 361 USD
  • Volume (24h)
    $14 900 668 USD
  • Circulating Supply
    100 143 784 WAVES

Share your thoughts, ideas about the market under the chart.

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

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