$WAVES Symmetrical Triangle - Potential 45-67% Gains!
Hi Traders!!!
We can see a nice symmetrical triangle on the daily that has been forming for about 55 days. If traditional markets continue upwards, then I suspect $WAVES will break out. Albeit this potential pump 'may' be a corrective pump in the bear market, it still presents an excellent trade opportunity!
On the daily we can see that price has been ranging between $5.65 and $6.45.
The idea for this setup is to take a long from daily support in anticipation of a breakout.
Best of luck traders!!!
Please comment and like to show your support and to help motivate me to share more content with the community!!!
This is not financial advice. Do your own research prior to entering any investment and/or trade!
We can see a nice symmetrical triangle on the daily that has been forming for about 55 days. If traditional markets continue upwards, then I suspect $WAVES will break out. Albeit this potential pump 'may' be a corrective pump in the bear market, it still presents an excellent trade opportunity!
On the daily we can see that price has been ranging between $5.65 and $6.45.
The idea for this setup is to take a long from daily support in anticipation of a breakout.
Best of luck traders!!!
Please comment and like to show your support and to help motivate me to share more content with the community!!!
This is not financial advice. Do your own research prior to entering any investment and/or trade!