Hello everyone.
WAVESBTC
seems like a good opportunity at the moment IMO.
As shown on the chart, it has broken the bearish trend line and is tested the next Daily Resistance.
If we move down to the 4 Hour candles, we can see that the price actually pushed and closed above the resistance.
This means that it will now probably become support and the coin will push up to the next resistance.
This is a high gain trade, yet very volatile.
Make sure you set a tight stop loss below the resistance which was broken (current support).
Best of luck!
WAVESBTC
seems like a good opportunity at the moment IMO. As shown on the chart, it has broken the bearish trend line and is tested the next Daily Resistance.
If we move down to the 4 Hour candles, we can see that the price actually pushed and closed above the resistance.
This means that it will now probably become support and the coin will push up to the next resistance.
This is a high gain trade, yet very volatile.
Make sure you set a tight stop loss below the resistance which was broken (current support).
Best of luck!