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WazirX (WRX) - November 26

BINANCE:WRXUSD   None
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(WRXUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.74732538 point: expected to create a new wave


(1D chart)
First resistance section: near the 2.03010763 point
Second resistance section: 2.68514028-3.01265659

Support section: 1.04755868-1.37507498


You need to see if you can get support from the support zone and rise above the 1.54464450 point.

In particular, you need to see if you can move up along an uptrend channel made up of an uptrend line.


If the price is maintained above the 1.5546650 point, it is expected that the uptrend will continue.

However, the upward trend is expected to accelerate when it rises above the 1.83669659-2.03010763 section.


If it falls from the support zone, it could fall below the 0.74732538 point, so trade cautiously.


If it falls below the 0.74732538 point, it may enter the mid- to long-term investment area, so you should also think about countermeasures.

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(WRXBTC 1W Chart)
2666 Satoshi point or higher: Expected to create a new wave.

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(Binance WRXUSDT 1D Chart)
It needs to move above the 1.542 point to continue the uptrend.

If it declines from the 0.764 point, it may enter the mid- to long-term investment zone, so careful trading is required.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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