✴️ Waves | 130-350% Mid-Term Potential (Name Your Altcoin #35)

12 Feb 2023

Let's go back to basics on WAVESUSDT (Waves).

Trading above EMA50 notice how the volume lines are much higher when green compared to red.
A simple signal that shows the bulls are more active than the bears.

The volume started to rise after 9-Jan and remains strong.
Just two days ago after EMA50 was tested as support we saw strong bull volume. The bulls buying all the sell orders.

Still, if the price moves and closes below EMA50, the mid-term bullish potential is weakened but not invalidated, we still have the November 2022 low at $2.035 as support.
Any trading above this level and the bulls are good.

In fact, strong support is also available lower.

Now, what I know you are interested in is the bullish potential.

We are always conservative with the targets and when these things start to move for real, they go beyond all of our targets... But is better to be safe than sorry.

Here I see 130% first when EMA300 is challenged, followed by 350%+ mid-term.
Long long-term, it can go up by thousands of percentage points.

It is very wise to always do your own research before trading, there is risks involved.

Waves is likely to grow together with the rest of the market... It just waiting its turn, the altcoins move in groups.

Namaste.