Launched in 2018, WazirX claims to be India's fastest growing cryptocurrency exchange with over 400,000 users, with an average app rating of 4.6. WazirX is a part of the Binance ecosystem. WazirX and Binance have launched a $50 Million USD ‘Blockchain For India’ fund. The exchange is available for the global audience, and key features include:
Instant INR (fiat)...
On the above 5-day chart price action has corrected over 90% since the sell signal in April 2021. Today’s conditions last printed in January 2021. A 6000% move followed within 90 days. Will history repeat itself? Well…. Just as before:
1) A strong buy signal prints (not shown)
2) Price action, RSI resistances breakouts. Price action resistance from last year's...
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This is a one-day-time frame analysis for WRXUSDT
Here we have R2 and R1 as the resistance areas which express the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas at the bottom of chart. Presently, we have the price fluctuating over S1 and our prediction would be...
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(WRXUSDT 1D chart)
1st resistance: 0.2557-0.2720
2nd resistance: 0.3540
If you are supported from the support section, it is expected to rise.
Hi Traders, Let's break down the Technical Reasons why I am bullish on WRX for the short term and long term :
1. Recently , Bitcoin accumulation trend has shifted to bullish phase and this indicates a clear bull signs for alt coins as well.. When it comes to Alt coins ,finding and Investing in Potential coin is the Biggest
2. I choose WRX/USDT as...
dont want to bore you,but i thing WRX has reached the bottom.
coming out of the triangle,a huge move will follow.
buying around 0.25
will set a sell order at 0.31 but will probably update the idea for you.
i will close it if daily breaks down for the triangle.
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.