So, besides the longer charts, let's see what Fractalic one can bring to us. Few days ago I've seen BINANCE:OGUSDT forming the exact same pattern as it has shown in April, now with BINANCE:WRXUSDT i see the same formation either from July (better scenario) or June (meh but still ok).
If we're at June's formation: - Quick buy at 0.102-0.103 - Sell at 0.112 Profit: 9%
If we're at July's one: - Enter at 0.098-0.1 - Sell partly at 0.112 / 0.12 / 0.132 Overall profit: 17% - 32%
Don't forget to use Stop Loss, however with CRYPTO:WRXUSD we're very close to the bottomish bottom of the bottom. This coin has served as a lifechanger for some giving a ridiculous 10500% in 2021. Dumped hardest 98,85%, accordingly. And still is always performing pump/dump scenarios here and there even being this low.
So, let's see what will it bring to us in a longer term, too. Giving a shot that it's mostly Indian market and I believe India to hop on its exponential growth very soon, we can make that lifechanger candle great again.
Potential Buy / set Take Profit in the sky / and Forget if we'll ever go to 0.08 or if we will surpass this long support line and move further to 0.05-ish.
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Making moves in the Entering Zone #1
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The bottom of the Enter Zone #1 had been hit and pushed back strongly. Thinking we might go up without testing 0.1 Let's see.
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1. Watch Out
It might happen very soon. Or no. That's why repeat the first line.
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Did I say something?
Trade closed: target reached
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Target 1 has been reached. Target 2 almost
Looking on the retest down to around ˜0.103 and probable go for the Target #3
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We've even entered the Entry Zone #2 with the low points at 0,0985. Will it mean the next candle soon? Eyes on the Volume rises.
As I mentioned above, WRX can do anything, it's an Indian Exchange coin, so having some small percentage in this asset can in theory give you good profits on the next bull cycle.