Wanna talk about total destruction? WAVES took a bad hit in the past months and now looks almost bottomed. You can see some volume spikes which might mean that the fall is slowing down. Right now I think that my support (backed by VLPR) should be the first level to watch before buying in. If we see a bounce with a volume which is convincing then we can talk about entering it again.
IMPORTANT NOTE: this is definitely a bad time to buy alts so if there'll be a bounce I'd expect a LH before another dump, meaning if this reversal pulls out I reccomend this trade for a short time, basically a scalp trade.
Indicators looks bottomed though....
So trade this chart carefully!
IMPORTANT NOTE: this is definitely a bad time to buy alts so if there'll be a bounce I'd expect a LH before another dump, meaning if this reversal pulls out I reccomend this trade for a short time, basically a scalp trade.
Indicators looks bottomed though....
So trade this chart carefully!
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.