Wanna talk about total destruction? WAVES took a bad hit in the past months and now looks almost bottomed. You can see some volume spikes which might mean that the fall is slowing down. Right now I think that my support (backed by VLPR) should be the first level to watch before buying in. If we see a bounce with a volume which is convincing then we can talk about entering it again.

IMPORTANT NOTE: this is definitely a bad time to buy alts so if there’ll be a bounce I’d expect a LH before another dump, meaning if this reversal pulls out I reccomend this trade for a short time, basically a scalp trade.

Indicators looks bottomed though….

So trade this chart carefully!