WAX been in a downtrend move for a while. Recently, WAXP broke the downtrend line, made a double bottom and then broke the minor downtrend line too. It seems every thing is set for an upward move. Let's see what happens.
Crypto Altcoins
#CryptoWhale100Billion Alt Coin Analysis: WAX
In my analysis, I anticipate that WAX has the potential to rebound and reach a price level around $0.072 before encountering resistance in the coming weeks. Currently, WAX is experiencing sluggish sales following a market downturn. Buyers seem to be holding around the $0.05 range, indicating some...
Hi dear friends, hope you are well and welcome to the new trade setup of WAX (WAXP) coin with US Dollar pair.
On a 4-hr time frame, WAXP is about to complete a bullish Gartley move for bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Massive trade volume on South Korea's exchange UPBIT for the WAXP token. Typically 4x that of Binance and all other exchanges combined. When the Kimchi Indicator hits certain upper bounds, you typically see mass buy volume on WAXP across non-korean exchanges
BINANCE:WAXPUSDT
UPBIT:WAXPKRW
Today WAXPBTC is moving above Sept. and May 2022 low prices after hitting a new All-Time Low.
The RSI is really strong as prices move today above EMA50.
We have a full green candle, rising volume, bullish MACD... So many bullish signals together makes it easy for me.
The total correction was -85.26%, if you remember those articles I published recently, the...
Hi dear friends, hope you are well and welcome to the new trade setup of WAX (WAXP) coin with BTC pair.
On a 2 hr time frame, WAXP has formed a bearish Shark pattern
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
WAXP appears to be forming a cup and handle pattern on the daily charts. Expecting to see a continued depression in trade volume as price gradually drifts down between $0.50-0.60. I'll begin looking for an entry around the RSI mid-line as I expect we'll see a bounce at that point unless RSI falls straight through the mid-line. The trade would be an entry between...
BITFINEX:WAXBTC is in a descending triangle as seen in the chart. Breaking the triangle downward will take us back to the year-long support at 540 Satoshis, a 42% drop.
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BTC
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Wax price has fallen below the trend line, but there is still a chance for growth. We have good support at 0.2-0.24 and the volume is the same as during the rise in October. However it is important to keep an eye on the bitcoin, which might influence the price.
The nearest resistance zone is 0.36-0.40 and also the trend line.
Hi dear friends, hope you are well and welcome to the new trade setup of WAX (WAXP) coin.
During the current drop, on a weekly time frame, WAXP has formed bullish Gartley move.
