Long
WAVESUSDT heading for weekly resistance 3.2-3.5 range
WAVESUSDT still having some potential to go up and tap the weekly resistance. That resistance will push the price down.
The weekly support is also marked where it will find the support when the price will be pushed down from the weekly resistance.
The weekly support is also marked where it will find the support when the price will be pushed down from the weekly resistance.
Note
As expected in the original post, the price came back to weekly support and bounced from there towards weekly resistance. It is still on its way to hit the resistance.Trade closed: target reached
SO , finally we achieved the second target of hitting the weekly resistance. Price hit the weekly resistance above and got pushed down from there. Le us reevaluate the price action and the direction in a new separate post.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.