WAVES/USDT: NOT GIVING UP.

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Welcome folks to my new update on WAVES/USDT.

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On 22 Feb 2022, when WAVES started its rally, ever since then it never stopped. It gradually pumped making healthy support and resistance. If we talking about the gain percentage then WAVES is already 230% up which is massive.
Now, in the current scenario, WAVES broke out of the upper trendline which rarely happens in a rising wedge pattern. Here's my analysis of this current scenario.

Scenario 1: WAVES may possibly retest up to the upper trendline and then bounce back towards the higher resistance level which is at $34.83.

Scenario 2: WAVES could drop back in between the upper and lower trendline and then bounce back.

So, this could be a win-win situation for us if we can make a perfect entry.

$25.7 could be a good entry if WAVES retests and bounce back.

Or

$21.5 could be another entry if it drops below the upper trendline.

That's my strategy for WAVES. What's yours?

Let me know in the comments.

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Thank you.

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