Sell zones are the red lines ,higher target = longer wait TP1 : 65~68.8K TP2 : 75~76.3K TP3 golden line 83.6k TP4 : 94.5~95k TP5 : 100k~Previous ATH @115k
Golden line is a Critical line .breaking of that will signal a move to the next targets This is a 3 month pattern ,that long of a duration indicates a Strong&Fast move
Risk Management and Average buy in is advised
Brief Fundamentals : Waves is a Platform and Decentralized Exchange POS coin that is planning on implementing atomic swap between coins this year The project is cool and solid ,totally recommend to check it out.
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Waves broke out of the wedge and started moving positively The road is still long and profitable HODL!!!
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Waves kicked off from accumulation zone with a significant volume + a big downward candle that hit all stop-loss for weak holders and for getting cheap coins. Hodl!!!!
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Good things happen to those who wait. After a long 1 month wait ,it finally paid off and Waves have reached the arrow target and the wedge target ,but it failed to stay above the golden line. so what now ? since whole market is very bullish ,i see waves potential to aim to 100~115k target ,moreso goes to its ATH @180~200K sats. As long as the market remains bullish ,so would our beloved Waves once a target is broken ,stop-loss is placed directly below it ,in this case S.L < 69 ( preferred 67 )
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Not gonna be a poser and Calculate the profit . You can do it yourself :D
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