Continuing off from the previous post, we have the story continuing on for WRX as it met its bottom support for this re-accumulation phase.
Now its completed a phase of it, we have an opportunity based on a descending broadening wedge structure and what looks like confirmation, that we have good entrance point.
For the entrance, I would wait for...
Here is another goldern opportunity.
Without realising it, I bought in early 2 days ago but didn't look at the bigger picture.
Now I'm glad but wished I bought more, unfortunately couldn't leverage this on FTX.
Many things going for it, for now, inverse H&S. Now look at the history and you'll understand why its a gem.
i took an entry on the last one of these wedges. it took a lil while and another backtest but then the target was exceded. shows better on the 4 hr. but i posted the daily to see the targets. stop just below support under .11c targets .15, .165, and .175. looks like divergence on 4hr but like i said last time it took longer than that
WazirX (WRX) trading has been progressive but in a lock-step manner. Since the beginning of January, WRX has increased in value within an ascending parallel channel's confines. The 4-hour chart also illustrates the lock-step trading pattern that WazirX keeps following.
WazirX gets ready for liftoff to $0.15 after breaking above the ascending channel's middle...
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Wazirx recovery from March lows at $0.05 stalls under $0.15.
A triangle support breakout is in the offing as WRX/USD consolidates under $0.15.
Wazirx (WRX), a relatively new coin in the market but one that is growing at a steady pace. In the short period, it has traded on exchanges in 2020, Wazirx continues to be an epitome of attraction to investors. At the...