Fundamental: Waves has a great team, Sasha Ivanov is everywhere all over the world, lots of news, active community, new tokens, rapid development, frequent releases, partnership with near-government structures. The project has great future. Smart contracts are in roadmap for 2017. Technical: 0.0009-0.001 is a very strong resistance zone and chart is bouncing...
We draw the line from last minor breakout, and see that since RSI fell back below it, the red line has been resistance. On the price chart, teal line represents 61.8% fib. So, in order for WAVES to reach higher prices, RSI has to break and stay above red RSI resistance line. Also, when MACD moves above red line and CCI value rises above 100, then there should be...
3 levels to watch. Blue line also represents the 50 line on RSI. Expecting volatility around that level, because every time price makes a great move, RSI breaks below or above 50 level. So as long as RSI stays above 50, its either movement to the upside or worst case sideways movement.