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TheCryptagon
Nov 4, 2023 5:03 PM

WEMIXUSD Major bullish breakout and it's not finished yet Long

WEMIXCRYPTO

Description

Wemix / WEMIXUSD is having the strongest 1week candle since September 18th when it crossed over the 1week MA50 and turned it to Support (closed all candles over it).

It has already hit the 0.5 Fibonacci level of the Bear Cycle while crossing over the Falling Resistance, the final Resistance.

This puts the crypto into the new Bull Cycle without any doubts and the two Lower Highs of the Bear Cycle can now be targeted.

Buy now and target 2.800 (Resistance A) and after a 0.5 Fibonacci pull back, buy again and target 4.7500 (Resistance B).

It has to be noted that the market remains massively undervalued under 0.00, showing its immense upside potential.

Previous chart:



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