This waves chart looks very bullish. The cross on the moving averages along with the massive volume looks good. Lets see what may have got us here.
The Waves Platform has raised $120 million in a funding round allowing it to roll out Vostok a private blockchain platform and system integrator. With the release of this news just a few days ago it jumped 50% with a positive bullish outlook. Waves also hit a milestone in late October reaching 6 million transactions.
With these two factors and the obvious influx of overall volume in the market this wave could be far from cresting.
Here we are a few days later and Waves is swimming thru the sea of red up almost 8% while other top 10 crypto’s are drowning in red.
As always any wave can be volatile so ride this one with caution.
Once again n0 news here...
