Waves is trading at the level of 7.96. 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 near the level of 7.60 is expected, from which we should expect a rebound and an attempt to continue growth with the target near 10.00. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel.
Waves forecast & technical analysis on February 21, 2018
Earlier, a medium strength signal was obtained for buy of Waves cryptocurrency, due to crossing of signal lines at 5.70 level. Cancellation of the variant of the growth of quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 6.50, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations Waves is with the breakdown of the resistance level and closing above the area of 8.50.
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