Waves bottom reached or one more leg down before a reversal?
We need to pass the EMA 50 resistance line (orange line) in the 4HR chart to break the falling wedge, but I think the bears will take Waves one more leg down to the bottem line of the falling wedge before we will see a pottential reversal.
RSI and Stoch RSI indicators are telling me we take one more dive before we will see Waves moon again. Together with the release of Smart Contracts on mainnet in may, this will be a perfect catalyst.
We need to pass the EMA 50 resistance line (orange line) in the 4HR chart to break the falling wedge, but I think the bears will take Waves one more leg down to the bottem line of the falling wedge before we will see a pottential reversal.
RSI and Stoch RSI indicators are telling me we take one more dive before we will see Waves moon again. Together with the release of Smart Contracts on mainnet in may, this will be a perfect catalyst.