Short
WAVES RALLY COULD STOP FROM HERE!!
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Welcome to this WAVES/USDT trade setup. WAVES is pumping quite amazingly for the last few days.
Currently, it is trading above $24 and moving inside an ascending channel. Now, it is reaching an important resistance zone that is hard to break.
I'm expecting a rejection from the upper trendline of the ascending channel. If you want to open a short position then $28-$34 could be the best entry for short with a tight SL. If you are ready to take some more risks then you can also start accumulating a short position from here.
Entry range:- $28-$34
Target1:- $22
Target2:- $18
Target3:- $14
Target4:- $10
SL:- If any 2days candle closes above the channel then I'll exit manually.
Use low leverage(2x-4x)
Do you think WAVES reject from here?
Or does it breaks above the channel?
Share your views in the comment section.
Thank You!
Welcome to this WAVES/USDT trade setup. WAVES is pumping quite amazingly for the last few days.
Currently, it is trading above $24 and moving inside an ascending channel. Now, it is reaching an important resistance zone that is hard to break.
I'm expecting a rejection from the upper trendline of the ascending channel. If you want to open a short position then $28-$34 could be the best entry for short with a tight SL. If you are ready to take some more risks then you can also start accumulating a short position from here.
Entry range:- $28-$34
Target1:- $22
Target2:- $18
Target3:- $14
Target4:- $10
SL:- If any 2days candle closes above the channel then I'll exit manually.
Use low leverage(2x-4x)
Do you think WAVES reject from here?
Or does it breaks above the channel?
Share your views in the comment section.
Thank You!
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