Is WAVES about to explode?

Lots of interesting signals here. Just waiting for the volume to confirm.

Handel aktiv:

Explode it did. Now broken out of descending triangle on the 1-day chart. Let's see if volume continues into the 3-day chart. Looks likely, Upwards and onwards.

Handel aktiv:

Volume now showing on 3-day chart. Major trend lines indicate targets.

Handel aktiv:

Kaboom! 100% gain in 6 days ;)

Handel aktiv:

As you can see from last uptrend the surge spent some moments before continuing to the first trend line.

Handel aktiv:

Drops to this strong support before moving upwards and onwards..

Handel aktiv:

Blue circles indicate where we are in the scheme of things. If history means anything, I'm holding until March at least.

Handel aktiv:

Beautiful watching history repeating itself. Was half expecting some bounce back from the next support level but it never happened. Onwards and upwards it seems, for now.

Kommentera:

PS: In case you think you've missed out, check the upper trend line we've repeatedly hit in each bull run. You might need a telescope to see it ;)

Handel aktiv:

Kaboom - almost at first major support & resistance

Handel aktiv:

About to test a strong support area on the 3-day chart. Can count 6 tests of support & resistance over the last 12 months at this level, it is unlikely it fails to hold on this occasion.

Handel aktiv:

Next stage up about to begin, waiting on two things.
1) Confirmation of support on the 20 week moving average
2) Volume

The 3-day Stochastic is now showing a crossover to the upside with an evident golden cross. A good moment to take a position.

Handel aktiv:

Price / volume bullish divergence forming. Still could go a lot lower. Until the BTCUSD party is over alts/BTC pairs will continue to get hammered.

Trade stängt manuellt