Cozybanana78

Waves Possible Playout Chart

Short
Cozybanana78 Mis à jour   
Waves is also anticipated to undergo a decline, similar to my Algorand analysis. The projection for Waves points towards a future price of $1.372, suggesting a potential downside of approximately 8.91% for an active short position. Waves has indeed confirmed a breakdown from its bearish flag pattern. This confirmation is characterized by a complete red candle and a death cross on the RSI below the 50-point mark. As a result, traders who have established long positions or those engaging in spot trading might want to reconsider their strategies.

Waves is a blockchain platform that aims to facilitate the creation and management of decentralized applications (dApps) and custom blockchain solutions. It aims to simplify the process of building, launching, and managing blockchain-based applications for businesses and individuals. The platform utilizes a unique consensus mechanism called Waves-NG (Next Generation) to achieve high throughput and low latency for transactions.
Transaction en cours

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.