WAVES/USDT 2 Possible Scenarios

SELL SHORT

~ Waves formed a bearish divergenece and currently it is on the over bought area of RSI 80 @ 4hrs tf
~ The MACD is also not agree with a bearish bias
~ Will wait for the breakdown and entry on pullback once the breakdown was confirmed

BUY LONG

~ This coin may invalid the lower tf divergences because the daily chart shows that this can go higher in the 22 to 24 price resistance area and
can make parabolic move
~ Once the break out is confirmed in it’s resistance currently at 19 price level this can go higher and once the breakout was confirmed will wait for the pullback and take profit on the major resistance at 22 price level