Loz-

WAX - Downwards Channel

Long
BITTREX:WAXPUSD   WAXP / US Dollar
Hi,

Looking at WAX we can see its managed to get back above the 200 EMA on the daily by bouncing off the bottom channel. Looking at the overall market at the moment I don't see it coming out of the channel any time soon, but time will tell.

We can see also on the RSI and MACD that a current downtrend is in effect for now.

Targets around 0.24c/when it hits the upward channel.

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