WAVES/BTC (Strong Bounce @ 50D MA?)

13 Sep 2020

BINANCE: WAVESBTC


-Waves bounce strong from 50D MA and upward trendline
-It is now testing two trendline resistances
-The downward and horizontal resistance lines
-If Waves can above the downward trendline
-But unable to break the horizontal resistance
-I expect it to consolidate inside the small triangle
-Still too early to provide an entry and exit point
-I'll wait for better price action or pattern
-Before sharing my potential trading plan


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