benice_trader

Waves Buy the rumours, sell the news

Short
Sell the news! Greetings from Benice team!

Waves keeps on growing gloriously! After it became known that ROSTEC project has to do with the Waves platform, and after a hackathon was launched in Moscow under the banner of Waves, we see what we see. The price headed towards 4.8 dollars. It's been known since the middle of November, so such excitement looks artificial.

The next tranche of additional funding of the project was announced for January and spring. Apparently, they will let us have a very good ride. If the resistances are broken out, a target at the top is 7.61. If we settle above it, then the historic highs will be tested.
Re-entry or targets of the decline are 3.36 and 3.0.
If the level of 4.74 (weekly highs) is broken out, it will be a signal to purchase with a target of the continuation pattern of 7.55.

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