Technical analysis by Zorroreny about Symbol WAVES: Buy recommendation (6/13/2025)

WAVES playing with nerves but when looking at pattern and fibb levels it seems we are doing major bearish 3 drives pattern, where we have one more impulse to new ATH left. We can see that BTC had similar setup which resulted in push toward new ATH and I expect Waves to do similar move. Target for that pattern is fibb 1.272 extension at 200$ range with possible extended push to fibb 1.618 extension if whole crypto market goes into crazy fomo mode.For pattern to workout as planned it's important that we do not make any new lows - we are currently sitting at longerm RSI support diagonal so I expect bounce up. Once we flip MA50 into support the move to upside will speed up.