Waves Looking Ready To Move (66%, 273% & 484% Short-Term)We already have a long-term chart for Waves, but it came to mind recently so here it is again. Why it came to my mind or how, I don't know... So, let's focus on the chart.
Here we can notice a recent bullish breakout above several moving averages. The orange one stands for EMA233, this is a long one. The blue one is EMA89. That's it. Trading above these moving averages confirms the market changed from bearish to bullish. When the action was happening below, it was bearish.
The low for WAVESUSDT happened in July. The marketwide crash in August produced a higher low for this pair. This is a signal of strength. We know it can start to move soon and "early," compared to hundreds of pairs that will move later on. This is because the bottom hit in July. This is just speculation of course but we can see high purchase volume and bullish action on the chart. This is not speculation this is plain to see. And this is all we need.
We have a bullish bias and we have the chart signals coupled with price action to support and confirm this bullish bias. Win. So we have all we need to say that prices are going up. Do you agree?
Well, this is a short-term move that I am mapping for you as we already have a long-term chart for this pair. We have targets starting with 66% which can surely come easy and fast. Next, higher, we have 273% and this will be the main target. But higher is possible because we have a bull-market coming and long-term growth. This last target stands for 484%.
It is hard to look at a short-term chart, we miss the bigger picture but who wants a bigger picture when you can earn 400%? In truth, how high it goes it not that relevant, what is important is the early entry before the marketwide advance. It is good to be early before a rise shows up. When it starts rising, you can decide to sell portions, to sell all or to hold. You can even choose to buy more on the way up... There are many ways to approach the market, there are countless ways to trade.
How you do it is up to you; I give you the chart, the timing, the numbers, the entry.... You can take care of the rest.
I am wishing you the best.
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Namaste.