WAVES - Wait for a pullback

As with most cryptos, the WAVES token has had a great beginning of 2023, with a 95% gain.
We can see that an important resistance was tested (close to 2.60), but was quickly rejected.
Considering:
- Resistance mentioned above
- RSI in the Daily above 80
- A valid count for 5 impulsive waves
I would definitely wait for a correction to better understand the strength of this bull run.
A correction should at least test solid 2-2.10 support. Based on the identity of this correction, I´ll look for long trades.
We can see that an important resistance was tested (close to 2.60), but was quickly rejected.
Considering:
- Resistance mentioned above
- RSI in the Daily above 80
- A valid count for 5 impulsive waves
I would definitely wait for a correction to better understand the strength of this bull run.
A correction should at least test solid 2-2.10 support. Based on the identity of this correction, I´ll look for long trades.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.