Waves which has been on VERY nice run since the 1st of August has gained 75% (at its peak) in less than week. Unfortunately in the last 2 days however, it has gone down about 10%, so what exactly is in store for WAVES?
To start off, If you look at the black line right down the middle on 7/22, you can see a very similar pattern forming on the right side that almost copies that pattern on the left. If it stays true, there is 2 different ways WAVES can go: (a) straight up along the red trendline until it hits 177k or (b) down until it tests a 146k/142k support line before climbing back up.
Based on what I see, I think option B might be most likely but like always, plan for yourself.
If it breaks 142k its a good idea to have stop losses in place.
Target 1 - 177k
Target 2 - 191k
Target 3 - 204k
To start off, If you look at the black line right down the middle on 7/22, you can see a very similar pattern forming on the right side that almost copies that pattern on the left. If it stays true, there is 2 different ways WAVES can go: (a) straight up along the red trendline until it hits 177k or (b) down until it tests a 146k/142k support line before climbing back up.
Based on what I see, I think option B might be most likely but like always, plan for yourself.
If it breaks 142k its a good idea to have stop losses in place.
Target 1 - 177k
Target 2 - 191k
Target 3 - 204k
Not
Targets in post are the correct ones, they werent adjusted on the chart
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.