retrorecall

WAVES trend reversal

BINANCE:WAVESBTC   Waves / Bitcoin
WAVES is currently in an ascending broadening channel upwards, but I think it is in a a process of a failure and will break trend.
As you can see, the pattern has touched the bottom channel 3 times and is now losing steam to break out higher. It has broken out of the flatbase pattern and met its target, but it's showing a bit weaker signals in the MACD which leads me to believe it will break out of the channel downwards.

On the 4hr chart, a top tweezer candle is also forming, this usually signifies a change in trends, and with the MACD at its peak, downwards movement is highly likely.



評論:

Down trend has begun, but might be for the short term I believe.
MACD reversing, I’m looking at 2.618 as the next stop, or test the 50 EMA. Which by then it might use it as support since the 50 and 200 are crossing over. My original view of the channel might be wrong, will have to monitor. If I was wrong, it might be a good chance to buy in during this dip if it indeed uses the 50EMA as a support to continue a longer upwards trend.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出