Hello, Traders! Monfex is at your service and today we overview WAVES/BTC.
WAVES one of the losers these days, but we remember that marketmakers stand by this coin and at this chart we see the descending channel and the price is going to the bottom line. Also we see it's a bullish divergence by RSI and we can suppose that near the previous low will be rebound to the resistance zone.
Supposed Trade Signal by WAVES/BTC
Buy near 0.0000890
Take profit ~ 0.0001034
Stop loss at 0.0000825
Market Cap $70 561 361 USD
Volume (24h) $14 900 668 USD
Circulating Supply 100 143 784 WAVES
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Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.