Waves now or never, Idea for a long position

Waves had a terrible fall after making a ATH around 60$. The chart looks ugly, however, on the long term structure channels of support levels emerge. Taking positions for the reversal at this point.

Happy trading,
J.

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Lets put it in perspective with the current inflation rates

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But more interesting, since it correlates with this chart. The total Crypto marketcap of relative peanuts value 800B, small and insignificant if you look at the Cap of stocks and Money supply

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I am anticipating a quicker rate of progression for the impulsewave than what was initially represented.

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Not on stop-loss yet, but failure is likely