humoongus

WAVES needs to crawl first before it can fly

Short
BINANCE:WAVESBTC   Waves / Bitcoin
As presented we are now in a phase of correction and I believe WAVES may dip sub 20000 satoshi again (0.236 fib or 19500-17500 satoshi area) before it consolidates there and push higher again. I believe this is purely technical move as all alts are correcting the same and looking for lower support zones

What to expect short term?
target for correction - 19500-17500 satoshi area
bottom (btc) reached by 1st half of October

What to expect medium term?
new highs (btc) by 2nd half of November
target for new move up - 85000-120000 satoshi by the end of 2020

What to expect long term?
Provided that crypto sentiment does not change at least 2 more moves up:
firstly new ATH (btc+usd) around mid 2021
secondly new ATH (usd) before the years end.

Not an advise, do you own research.




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