WAVES/BTC in BUY ZONE - SHORTTERM and LONGTERM entry.

WAVES has declined significantly during the last bear market run caused by the Chinese regulatory news. According to the Fib. 0.236 level the current price level is well into the BUY zone. RSI and OBV are still showing bear market signal however the downtrend seems to be slowing as seen by the increase in the RSI and OBV indicator. Ichimoku gives us the overview of a still bearish market however the price seems to be in a transition stage. If price can break the 0.0011 level it should continue to rise to the 0.0012 level with the exception that if more bad news comes from China the price could drop further into the BUY zone and dip as low as the 0.00096 support level before reversing to an uptrend.