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WAVESUSD may be ahead of a very strong monthly rally

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Waves has been trading inside a Triangle pattern since the May All Time High (ATH). Recently it broke below the 1D MA200 (orange trend-line). The RSI is close to its November 2019 bottom.

We saw the same pattern in late 2017 (June - November). At the time, once WAVESUSD broke below its 1D MA200, it made a bottom and then rallied for 1.5 months to its December 2017 Top (ATH at the time) on the 1.786 Fibonacci extension.

Are you expecting a similar pattern continuation?


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TradingShot
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT

I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
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Chart PatternsCryptocurrencycryptocurrencysignalsHarmonic PatternssignalsTrend AnalysiswavesWAVESUSDwavesusdsignals

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Chart PatternsCryptocurrencycryptocurrencysignalsHarmonic PatternssignalsTrend AnalysiswavesWAVESUSDwavesusdsignals
TradingShot
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT

I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
他のメディア:

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。