$WAVES/USDT 2h (#BinanceFutures) Falling channel break & retest

5 mag 2022

Waves Protocol finally regained 50MA and is pulling back to it after a strong rejection on 200MA, another leg-up seems likely.

Current Price= 13.573
Buy Entry = 13.670 - 12.820
Take Profit= 15.955 | 18.042 | 20.132
Stop Loss= 11.155

Risk/Reward= 1:1.3 | 1:2.3 | 1:3.3
Expected Profit= +20.46% | +36.22% | +52.00%
Possible Loss= -15.78%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 1 week

Tags: #WAVES #WAVESUSDT #WavesTech #Web3 #LPoS #Staking #SC #DEx #WavesExchange #WX

Websites: waves.tech wavesassociation.org

19 mag 2022

Trade chiuso: stop raggiunto

SL was hit with -15.78% (1x) and -1R

WavesProtocol was not able to regain 200MA and was sold off hard leading to new Lows...
Many FUD out there saying it's the next LUNA and will crash, well there is nothing sure about that.
What we see is an oversold RSI and an exhaustion of the downtrend, a relief bounce towards 10$ seems near!