BINANCE:WAVESUSDT   Waves / TetherUS
Waves took a huge beating after giving over 650% return from its bottom of 22-Feb-2022. Now it's almost 75% down from its ATH. Macd is extremely bearish and the trend can reverse anytime now.
There are 2 scenarios that can play out now.
1) It will hit $16-17 zone and then a pullback towards $21.5
2) It will break the above said zone and hit $11-12 zone and then we can see a pullback till $16.

I will start accumulating between $16-17. Stoploss will be a daily candle closing below $16.

Goodluck :)
Kommentera:
Scenario 2 played out perfectly!
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