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WAVES Made An Higher High Above $2.62

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@funnyman
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WAVES has just closed above the $2.62 mark and its states that the market trend is bullish and we can start putting in some amount. Always start small and then observe the price action before making any big investment. Let's get into the chart.

It has had some pretty nice price rally and reasonable price correction. It has strengthen the market and now it is looking to make another bullish move.

The momentum of the market looks very good and it can easily reach my defined target as long as BTC doesn't do any irrational moves. Always put a stop loss in WAVES market because if it again closes below $2.62 then we are looking at weeks of consolidation and you wouldn't want to keep you freezed for that time. I would place my stop loss at $2.52 and keep observing the market.

My first target would be $3.1 and it can easily reach there. I would put up a sell order of 20% of my WAVES around this price. It's better to keep the order put up in advance so that you could get the local highest price and for the further rally you already have some WAVES tokens to sell. Never get into the market you don't have the targets clearly defined.

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