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Waves WAVESUSDT - Impulse Elliott Wave completed! Bounce soon.

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Waves / TetherUS (BINANCE:WAVESUSDT)  
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BINANCE:WAVESUSDT   Waves / TetherUS
Parallel Channel Elliott Wave Support and Resistance waves wavesusdt WAVESBTC WAVESUSD Descending Channel Falling Wedge FLAT Bullish Rectangle Ascending Triangle
22
17
parallelchannel elliottwaves supportandresistance waves wavesusdt wavesbtc wavesusd descendingchannel fallingwedge flat bullishrectangle ascendingtriangle
- As per my Elliott Wave count - we should be in the end of the current downtrend.
- Impulse Elliott wave is completed with 5 successful waves.
- We have a descending blue channel, you can wait for a breakout of this structure to open a long position on confirmation.
- I think wave 4 is a resistance and we can target this level (around 31 USDT).
- On the RSI indicator we can spot a huge bullish divergence.

Idee correlate

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Bitcoin BTCUSDT - Breaking out! Wedge + Great leg up soon!
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Bitcoin Dominance BTC.D - Alt season! Huge descending triangle!
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