WAVES saw a massive pump last week, which has been faded over the last few days. As seen on the chart, the 0.618 Fibonacci retracement seems to hold as support. The 0.618 Fibonacci retracement is often a very interesting area where buyers tend to put their orders after a big pump.
Stop under the recent low, target at the most recent local top.
Stop under the recent low, target at the most recent local top.
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