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Waxpusdtlong

$WAXP/#USDT [#WAX]: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $WAXP / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.073 | 0.0817 | 0.099, and the major support zones can be found at 0.0557 | 0.0471 | 0.0298. Consider entering a trade at the current price zone of 0.0674 and targeting higher levels. ◰◲ General info : ▣ Name: WAX ▣ Rank: 181 ▣ Exchanges: Binance, Kucoin, Huobipro, Mexc, Bittrex ▣ Category/Sector: Media and Entertainment - Collectibles ▣ Overview: WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals. WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal. The resulting technology represents a blockchain architecture with 500 millisecond block times, no fees for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0674 ₮ ▣ 24HVol: 1,843,185.212 ₮ ▣ 24H Chng: -2.319% ▣ 7-Days Chng: 13.27% ▣ 1-Month Chng: -8.38% ▣ 3-Months Chng: 36.32% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.073 | 0.0817 | 0.099 ◢ Support: 0.0557 | 0.0471 | 0.0298 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: -0.05 ▣ Last 90D: 1.44 ▣ Last 1-Y: -0.85 ▣ Last 3-Y: 0.80 ◲◰ Volatility : ▣ Last 30D: 0.93 ▣ Last 90D: 0.90 ▣ Last 1-Y: 1.00 ▣ Last 3-Y: 1.43 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.72 - Bullish ▣ Reddit sentiment score is 0.34 - Bearish ▣ In-depth WAXPUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
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