ssari

WRX.USD (Y21.P2.E2). Descending Wedge breakout

Long
FTX:WRXUSD   WazirX Token / USD
Hi Traders,

Continuing off from the previous post, we have the story continuing on for WRX as it met its bottom support for this re-accumulation phase.
Now its completed a phase of it, we have an opportunity based on a descending broadening wedge structure and what looks like confirmation, that we have good entrance point.


For the entrance, I would wait for the downward pressure to complete and if the level is still there, look for a bullish candle along with the indicators for confirmation.




All the best,

S.SAri



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Comment: Looking into it, its likely the Green line, structure.
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