Waves-USD hovering right above the 200 weekly SMA.

in #waves • 2 years ago (edited)

Looks like a very good entry point for Waves around this time. Just look at this:
waves.png
We have a beginning inside bar set-up forming right above the 200 weekly SMA which indicates bearish momentum has fizzled out of this down-move for now and we have hit close to a very likely bottom here. If this pulls back a bit down the current bull bar (to around 10 or so), it may be your best chance to get in really good on this one.

#technical #analysis #crypto
2 years ago in #waves by
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