WRX has a beautiful chart I am in love with it it is really good for long term
All we need is complete the correction and get a last wave ( C )
peace :)
1st PI-CYCLE TOP of WAZIRX history printed in April 2021 which led to a correction of 87.48%.
1st PI-CYCLE BOTTOM of WRX history got printed again in April of 2022. 1st PI-CYCLE BOTTOM in any coin usually leads to MASSIVE rally.
Below chart shows the RESISTANCE zones for WRX.
In below chart, we can see the HOLY GRAIL LEVEL which is at 0.880 which has to be...
WRX bounced from the $0.563 support area and now trying to break above the $0.594 area. Our long position is reached at a breakeven price. Keep your stop loss and hold this trade, we may see some upward movement in the coming days.
The major downtrend that started back in November 2021 is now being challenged...
We are looking at WazirX vs Tether (WRXUSDT).
We have a volume breakout...
Today's volume is the highest we've seen since February, likely to go higher and we end up with the biggest daily volume bar since December 2021.
We also have a break above EMA50 and challenge of...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
Move where I had the sub cycle wave over to where the current bottom is and we should be starting the new impulse wave from there.
hi
The strategy used in this deal is to identify support and resistance lines
Then there is the detection of divergence in the RSI and price indicators
This is by no means a financial explanation
It is a trade practice
#WRX/USDT
$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
BUY BETWEEN 1 TO 1.2
SELL HIGH
Moving in a Parallel Channel
TAKE IT YOU WILL REMEMBER ME !!
ADVICE: Accumulate as much as you can for Long Term
TARGET 2 3 5 7++
This was the first serious dump in the last two years that I didn't expect. Tbh it hurts my feelings and self-esteem, I feel like a beginner rn.
Too late to panic, no point to sell here as there was no such an example when the price kept going down after 25% dump. I'll try to gather as much important info as possible to make a plan.
BUT YOU CAN NOW AGAIN TAKE...
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...
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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:...
