$WRX broke out from descending resistance, and recently confirmed it as support.
if price hold above support zone there will be 60% -90% increase to resistance zone, breaking out from resistance zone will cause more increase to $4 and $5 and even more in long term.
if bears success to break down from support zone, next support is around $0.6 and then $0.37
WRXUSDT peaked in April, a long-time ago.
The correction that follows hit a low in May, just 49 days after the peak.
Since the May low until today we have 189 days (6 months+) of consolidation.
We also have higher lows since May.
These are bullish signals.
Recently EMA300 was tested as support and holding so far.
Resistance ahead in the form of EMA50/EMA100...
WRX for sell, Everything obvious on the chart the price will see a downward to 990 and then i prospect an upward trend.
DISCLAIMER: This is not an financial advice (its my own opinion) Please only invest what you can afford to lose, and do your own research before investing and don't forget stop loss is part of profit .
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After a very soft but steady breakout from multi-month downtrend on Nov 2nd the price entered the zone of strong resistance, where it got rejected and then found support at dynamic support(blue). This area is supported by 200EMA, dynamic support(blue) and a local level (1.26). We can expect more consolidation around 200EMA, so it wouldn't be a surprise if the...
Wazirx is the biggest Indian exchange which accepts INR and has a direct partnership with binance. However, WRX Has a low market capitalisation and expected to give insane gains in the next alt season. So keep an eyes on this.
As you know I bought WRX at $1.30 according to my strategy. You can check it with following the link into description.
Now let's analyze what is going to be next. The daily candle closed above the strong supply zone 1, it can be an evidence that this long accumulation is over and WRX is going to go to the moon.
I expect short consolidation at...
WazirX - WRX token looking like it wants to higher price levels. Get in the train or miss out.
In my opinion, it probably goes to the 1st tp, and maybe the 2nd also, but I doubt it goes to the 3rd unless it really pumps.
TP 1 = $2.35
TP 2 = $2.94
TP 3 = $3.27
Entry Price = Around $1.35
Stop Loss = 1.175
Comment your thoughts on it
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has been able to break the resistance line and start moving upwards. We expect price to touch our target.
We have drawn a support line that can be a good place to place a buy order.
Warning: This is just a suggestion and we do not guarantee...
There could be a potential trade on the WRX chart. The price has formed a trend line, is squeezing near it and is ready to break through. A good buying opportunity would be after a breakout or retest.
Potential targets marked above.
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