Waves has had a continuation of trend after a FOMO move out and back into the channel. This pattern has followed with a lot of strong alts,
Right now momentum has slightly changed with a disjointed channel however price is expected to drop momentarily before a key decision point looms in the price. We will see what happens once price has retraced and waits for the next move
Currently this is a short however for a long term investment we will have to wait, shorting the price down to the bottom of the channel is potentially a reliable trade after momentum has changed.
Right now momentum has slightly changed with a disjointed channel however price is expected to drop momentarily before a key decision point looms in the price. We will see what happens once price has retraced and waits for the next move
Currently this is a short however for a long term investment we will have to wait, shorting the price down to the bottom of the channel is potentially a reliable trade after momentum has changed.