WRX dropped below the grey box, which has been acting as a strong support, but succesfully reclaimed it today regardless of BTC's volatility.
The coin is actually challenging the diagonal resistance and very close to breakout. Keep in mind that its Binance's son which is really hyped. This long-awaited breakout could be highly profitable.
Note: If you like the...
Look like WRX is not ready to pump again. It has a small support zone at 1300-1350sts, which can help to push it up to 1550-1600sts before drop sharply to 2 zones : 1200-1250sts and 850-900sts.
You should wait to buy at these zones for quick profit!
Remember, it will hit 1800sts zone in this June but not now. Just keep holding it for 1600sts target with tight...
Since dominance is falling and most of the alts are popping like balloons.
WRX seems to be breaking the resistance soon and coming out of its accumulation zone. It needs to break above this 1485 resistance level.
Observe the chart and see how many resistances point to the same area.
IF WRX IF ABLE TH BREAK THIS LEVEL JUST BYU IN FOR QUICLK 20% (Not financial...
WRX has made waves ever since it was listed on Binance. We are now moving inside a pennant but if the price breaks down from it, we may have a good knife catching opportunity at the blue line. I will be setting buy orders there. Good Luck!
-failed to break 1600s resistance
-price action is back inside the resistance box
-the bullish side is, still maintaining the higher low at the 1400s
-we have a potential triple bottom reversal
-only open a buy order if we close above the 1550s
-target the top resistance area between 1900-2200
-and our stoploss is below the 1410s
ALTCOINS may be pretty tough to choose these days.
You never know how much they can fall.
But If you choose the right one for the right term you'll be highly rewarded.
This is what I've learnt from my experience.
IMO WRX is best buy under 1400 to 1600 region.
WAZIRX is a token of its own exchange which is one the largest exchange of India a country with the second...
WRX/BTC broke the descending trendline and now its coming downside for a breakout retest. If 1550 satoshi S/R level reject to break and bounce then we can see continuation towards 1750 and 2000 satoshi.