Waves is trading at 5.01. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is a bullish trend in Waves. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 5.00, from which it is expected to rebound and try to continue growth with the aim near 6.00.
Waves forecast & technical analysis April 22, 2018
An additional signal in favor of growth of the Waves cryptocurrency will be a test of the lower border of the channel. Earlier, a medium strength signal was obtained for buy of the Waves, due to the crossing of signal lines at level 3.60.
The cancellation of the variant of the growth of quotations will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 4.40, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations Waves is with a breakdown of the resistance level and closing above area 5.45.
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