Analytics WAVES/BTC

Analytics WAVES / BTC
This asset is quite old, the project has been running since 2016. It is known by an active team, a thoughtful idea and constant innovations. It was very popular previously, and trade was characterized by large volumes. However, in early July the volume of trades collapsed 7 times on Binance, but this anomaly was noticeable only on this platform. At the same time the price dropped by 74% in one candle. A minimum of 0.0001151 has been updated.
Active purchases began on all exchanges from August 1th to 13th. In this case, the customer protection zone was formed - 0.0002850-0.0002970. This is a favorable level for entering the asset, with a reduced risk of loss. We see a strong level of resistance in the zone of 0.0004124, the asset rate pierced it, but did not break through. To date, buying WAVES is quite risky, should waiting for additional signals and appearing the favorable zone for purchase.
In the context of day trading - the price for large volumes fluctuates between 5-10%, at a low vol - 2-3%. The average price fluctuation is 17-22 % on the weekly chart.
WAVES is also suitable for long-term investments.
Trend AnalysiswavesWAVESBTC

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