CryptoMichNL

WAVES --> still a great entry long term --> impulse waves!

Long
WAVES, another favourite of me.

Has somewhat the same pattern as Stratis and I do think that this one will go hand in hand with Stratis this year.

Still, $5 is a fair cheap buy if you want to invest in this one for the coming years.

Spike in December, which was all the way depending on Bitcoin, instead of Waves. Check the Waves/BTC chart for that.

What do we see on the daily?
- RSI falling wedge, massive downtrend, Finding support on the support box where it was before the spike up in December.
- Bullish divergences on the histo, CCI, RSI, Stoch RSI and MACD --> all on the daily!
- Price falling wedge and already breakout.
- Volume increasing --> great sign.

Expectations for the coming weeks:

Currently in the first wave, which should be finishing at the heavy resistance around $6.50. Then a small pullback towards $5.50 or lower (depending on fibonacci levels. After that breakout + impulse waves on WAVES/BTC chart.

Expecting a huge summer!

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