After hitting the dip at the beginning of November, WAVES has been growing. I think that the correction movement of the past 2 weeks is going to stop at 0,5 level of Fibonacci as WAVES has successfully tested this support level.
Targets are:
last high at ~109k which is in the traffic zone of August-October
~136k as top of the traffic zone
~150k as 1.618 level of Fibo
~170k
Feel free to criticise and discuss! Would like to hear your opinion!
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The correction didn't stop at 0.5 level, but it did at 0.382 which was another good buy opportunity. The targets remain the same.