The Worldwide Asset eXchange™ (WAX) is the world's most proven and eco-friendly blockchain for NFTs, video games and collectibles.
WAX provides everything a brand needs to launch a successful NFT collection — from games and dApps to exchanges, digital marketplaces and more.
WAX is a carbon neutral blockchain that runs on a Proof of Stake system. Meaning, we don’t...
WAXP just broke out from a looooooong consolidation.
So we don't have enough data to set out trade setups, but here is what I think might be important.
There's a ATH Resistance which might be touched again and it's pretty strong.
There a local resistance which isn't as strong but might be a key area for your positions.
There's support which can hold the price up...
Just bought some wax, inverse the fib on that B*tch.
- Rich Boy
I'm looking at a safe buy in at .08. It could drop more, but whateva.
Right now its all a buy under .15
When muds/topps merge finish NFT and Wax is going to be YUGE.
not financial advice, but a concentrate dream. Hittin the rig too hard and WAX speaks.
Most Crypto is following big daddy BTC.
WAX is doing its thing too. Wedge on the 3 month pointing to action around June 10. Just like BTC and most other cryptos, these consolidations patterns are pointing to dates around June 10 for movement.
Fib numbers from this last drop show WAX is trading under the .38 level which all this area signals buys. I love sub...
Looking at WAX we can see its managed to get back above the 200 EMA on the daily by bouncing off the bottom channel. Looking at the overall market at the moment I don't see it coming out of the channel any time soon, but time will tell.
We can see also on the RSI and MACD that a current downtrend is in effect for now.
Targets around 0.24c/when it hits the...
We have an inverted head and shoulders forming on wax.
Also following the 3 month pitchfork trendlines nicely.
Entry set at .1987 .17 and .15 (to see if luck happens)
Then holding for a minute. Good buy under .20
not financial advice. I live in a fantasy.
Hey Humair, here is the update!
We are looking at testing the 38% as support still. we simply need to wait for candle coloses to confirm structure as support and 4H environment to turn bullish before we can look for entries.
Keep the Stoploss tight to safe guard your downside.
WAXP is showing a rounded bottom that, if all goes well, may turn into a cup and handle formation, signaling a possible continuation in it's bullish run.
I am going to wait until the handle completes.
The volume on the rounded bottom seems to be tracking but I would've like to have seen it slightly higher on it's run up the right side of the formation.
I am going...
Upland the weird explorer game on iOS App Store already has a MASSIVE following due to the NFT craze. Today they announced a NFT trading card sale will happen in three days with this specific crypto. Expect it to go above rsi before correcting.
Disclosure. Own opinion. Own 282 “coins”. Use own judgement.
Thanks again Aqua Hydro Man!
We are testing the 38% fib as support on the moment with heavy sideways consolidation on a daily. we need to see a break and test on the days before we consider trading otherwise expect a drop and potentially a fall to the 88% fib which is the next major structural level.