The Waves price analysis makes it quite evident that the cryptocurrency has been taking a serious beating on the price charts. The four-hour moving average does not show promising results for the Waves/USD pair. Although, the pair appears bullish when the graph is analyzed for the part that skips ahead of the four-hour MA time frame. The four-hour time frame is bearish and will surely register a breakout on the lower side. Spikes are expected as Waves trades in lower and lower to an All-time Low (ATL) since December 2018. Waves price chart by Trading View The head and shoulders