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MyCryptoParadise
Dec 21, 2023 8:25 AM

WAXP/USDT Anticipating a Bullish Turn from Support Retest? πŸ‘€πŸš€ Β Long

WAXP / TetherUSBinance

Description

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πŸ’Ž Paradisers, let's gear up for a potentially exciting phase with #WAXPUSDT. The asset is currently shaping up for a probable bullish trajectory after revisiting a key support zone.

πŸ’Ž Observing #WAX recent market behavior, it has effectively navigated a descending channel. After facing rejection at the channel’s resistance, there’s optimism for a downward movement towards our projected support at $0.0664. This could set the stage for a bullish move from that level.

πŸ’Ž For the astute Paradisers, timing will be critical in capitalizing on this opportunity. Pinpointing the best entry points during this expected uptick is crucial, alongside cautiousness to avoid entering at the market's peak. Additionally, be on the lookout for a potential bullish recovery from the support level of $0.0632. However, keep in mind that a break below this level might suggest a struggle to maintain the bullish momentum.

πŸ’Ž It’s also important to be prepared for a different scenario: if #WAXP breaks the $0.0632 support level, be ready for a significant downward shift in the market. πŸŒ΄πŸ’°

Trade closed: target reached

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πŸ’Ž Just like clockwork, #WAXPUSDT is tracing our forecast, hitting that sweet 17.65% growth mark

Comment

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Comments
Larissa-Trader
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Great ! very good news!
AdmamTrade
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Great analysis !
Leo-btm
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awesome
Arazmajeed
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perfect strategy, thanks for sharing
LegionQ8
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In my opinion, WAXPUSDT can reach the trend line and then start to decline to the 0.0665 support levelπŸ€”
CScalp_EN
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Interesting thoughts
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