Buying WAVES: WAVESBTC is going parabolic since posting a low of 2400 sats in November. WAVESBTC posted 500% Gains since its November lows & 200% gains in 13 days flat in December. Since posting a high of 12112, WAVESBTC is retracing down.
As of now, 7000 Area is acting as a support. A Long Entry Near the Support or break out of the lower trendline area may yield a quick 10-15% Profits with an ultimate potential of buying waves between 40-60% depending on the entry
Buy Zone 6000,7000 & 7500 Area with Targets above 9500-10100 Area. Move below 5900 invalidates the bullish bias. The Trade may last less than 30 days
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Legal Disclaimer: This is not financial advice. Trade ideas are provided only for educational purposes.
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