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Dangermousebanana
Nov 1, 2023 12:42 PM

My TOP10 project list - pick number 1/10 Long

WADZPAY TOKEN/TETHER USDTBitrue

Description

This is my position number 3 in order of importance (after XRP and XLM that constitute the big part of my portfolio).

It is my first pick of the list because of its actual short medium term bullishness.

This tiny 20 Million MarketCap coin could be a 300 x from the bottom where I bought it (0.016$).
It is up 350% year to date - but has broken out of its tsymmetrical riangular bullish pattern.

Volume is rising since 18 months and strong volume confirms the recent breakout.
In the short term it could be a little overbought (RSI above 70), so I would not chace it.
However it still has to break out on the rate of change rate (ROC).

This is their mission statement on their website: "WadzPay is an interoperable and agnostic blockchain-based payments technology provider available as a SAAS platform. The company was founded in 2018 in Singapore and is currently operating globally across Asia, Pacific, Middle East, Africa, Europe and the United States. WadzPay aims to optimize the potential for CBDC and Digital Assets towards a revolution in the payments industry by enabling faster payments, improvements in security, and cost efficiency with optionality. WadzPay is a B2B technology enabler and currently working with large international payments companies, banks, and global companies to enable digital asset-based transaction processing and settlement."

WADZPAY has secured Initial Approval by Dubai's Virtual Asset Regulator Authority (VARA) to commence provisioning for Virtual Asset Service Provider (VASP) License.

Comment

This has had some difficult times after having risen to the 5 cents level. It has just backtested the apex of the multi year wedge. I loaded up on some more. This one will be one of my best picks I guess.

Comment

Breaking NEWS: WadzPay’s Dubai entity receives Virtual Asset Service Provider (VASP) Licence from Dubai’s Virtual Assets Regulatory Authority !! Up 44.52 % at the time writing !!

Comment

WAZPAY is one of my weakest performer until now ! I guess it will be one of the best performer in the next 12 months. It is still a great buy in my opinion. Actually a better buy than November last year. Not financial advice. But my personal opinion.
Comments
mrrongardner
Update please and thanks
mrrongardner
low market cap, low supply with big upside
thanks
Dangermousebanana
@mrrongardner, agreed. But a lot of patience and conviction needed. Price going nowhere for a long time.
40Double
$3 is a good target IMO, remind me of when QNT was trading under $5 on Bittrex
Dangermousebanana
@40Double, bad memery for me. I bought a lot of QNT on Bittrex at 10$ and ufortunately let them go at 9 !! Will not happen with WTK !!
NeoKlyptic
any targets?
Dangermousebanana
@NeoKlyptic, long term I expect this to be a 3-5$ coin !
GeorgeOnTV
Awesome analysis WTK👌
Dangermousebanana
@GeorgeOnTV, thank you very much !
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