WEMIX updateWEMIX looks ready for the explosion. Apart from the resignation of Wemade CEO (march 2024) everything about it looks bullish.
Wemix
#WEMIXUSDT Technical Analysis in 3-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
WEMIX indicates a bullish trend within an ascending channel, with the potential for further price increases toward the $5.2 resistance level. The price has shown significant upward movements from key support levels.
In the past, WEMIX has made significant rallies respecting the supporting trendline, and right now, it is once again facing a similar situation.
Currently, WEMIX needs to break and close above the 25 EMA to confirm a bullish rally. A breakdown below the supporting trendline will be concerning for WEMIX, and it will likely test the lower support at $0.5441.
Key Observations:
~ Primary Support/Entry: $0.998 to $1.21.
~ Lower Support: $0.5441.
~ Primary Resistance: 25EMA at $1.4.
~ Long-term Target Range: $5.2.
DYOR, NFA.
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WEMIX is already in a bull market, send it to 50$This is legit the only play to earn platform in the entire world with actual playable games.
XPLA and MARBLEX come close. But currently WEMIX is the king.
We can expect some good polished and probably popular games in the coming year.
30$ target is a joke for this token. I think 50$ is more reasonable.
WEMIXUSDT - Move Down Before Continuation UpI expect another sharp low to form like the one on the left side of this chart, creating an almost right and left shoulder of the structure
It also has a large double bottom in effect
I think the bulls will overcome the bears eventually
This is the daily chart
Expected price movement in green line
WEMIX NEW VOLUME STARTThank you for reading this update.
Depending on our study we see that WEMIX has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
WEMIXUSD Targeting $6.000 after the next pull-back.WEMIX (WEMIXUSD) broke yet above another Resistance (2.7675) yesterday as well as the 0.5 Fibonacci retracement level. It is about to complete a +160% rise from the previous Low, which is the % range that the previous two bullish legs have registered before pulling back since the August 17 low. The next Resistance level is at 4.700 almost exactly on the 0.618 retracement level, but after the expected pull-back now, our target will be higher, another +160% leg at $6.000.
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Wemix showing a very good investment opportunitytoday we have one of the best risk to reward Investment opportunity
it is more than 70 times the risk and the chart is look very promising.
Good luck every one
WEMIXUSD Major bullish breakout and it's not finished yetWemix / WEMIXUSD is having the strongest 1week candle since September 18th when it crossed over the 1week MA50 and turned it to Support (closed all candles over it).
It has already hit the 0.5 Fibonacci level of the Bear Cycle while crossing over the Falling Resistance, the final Resistance.
This puts the crypto into the new Bull Cycle without any doubts and the two Lower Highs of the Bear Cycle can now be targeted.
Buy now and target 2.800 (Resistance A) and after a 0.5 Fibonacci pull back, buy again and target 4.7500 (Resistance B).
It has to be noted that the market remains massively undervalued under 0.00, showing its immense upside potential.
Previous chart:
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The key is whether it can rise above 1.1850Hello?
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(WEMIXUSDT chart)
The key is whether the price can be maintained above 0.4555, the volume profile section, and rise above 1.3911.
(1D chart)
The key is whether it can receive support above 1.0444 and rise above 1.1850.
If this is not the case and it falls below 0.9421 and encounters resistance, caution is needed as it may fall to around 0.6090.
If the price rises above 1.1850 and holds, it is expected to see a rapid rise.
It is advisable to trade with a short-term perspective or less.
If you want to make a mid- to long-term investment, you must make many transactions to increase the number of coins (tokens) corresponding to the proceeds.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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WEMIXUSD Neutral until one of those levels breaks first.WEMIX is close to a 1day Golden Cross and naturally this draws some comparisons with the last 1day Golden Cross on March 7th.
The price turned bearish when it closed under the 0.382 Fibonacci level.
The current 0.382 Fib is around 0.9400, if crossed then sell and target the 1day MA50 at 0.85000.
If the 0.236 Fib breaks first (1.07350), then target 1.32000 (recent top).
Last week's 1day MACD Sell Cross has to favor the bearish case.
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WEMIXUSD Bull Cycle still not confirmed.WEMIXUSD had the biggest 1W bullish candle last week in 2023 turning the 1W technical outlook bullish (RSI = 59.545, MACD = -0.041, ADX = 41.950) and the 1D RSI extremely overbought. A lot of traders will understandably rush to buy on this level especially since the price crossed over the 1W MA50, but that is not confirmed bullish region yet.
You can see that the 1W MA50 was crossed (and closed candle) on February 20th 2023 but still the price failed to sustain an uptrend and declined to the 0.5 Fibonacci level. Today the 1W RSI hit the 61.50 Resistance formed by the February top. Consequently we do not consider this breakout a reliable buy signal and instead we need to see the price crossing above the 1W MA100. If it does, we will turn into long term buyers on WEMIX, and will enter on the first 0.5 Fibonacci pullback from whatever the top price is.
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Trend reversal expected around 0.8832Hello?
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(WEMIXUSDT chart)
If the HA-Low indicator on the 1W chart is created at the 0.8382 point, you need to check if it is supported around this point.
Therefore, based on the 0.8382-0.8832 range, a trend reversal is expected.
If it fails to rise above 0.8382, it is expected to break the previous low.
Therefore, a decline is expected around 0.4555.
The next volatility period is around July 15th.
As it is supported at 0.6614, the HA-Low indicator on the 1D chart, it is possible to buy from a short-term perspective.
However, since it is located below the HA-Low indicator on the 1W chart, you should proceed with aggressive buying.
Therefore, if you proceeded to buy around 0.6614-0.8832,
1st: 1.1503-1.2768
2nd: 1.8870 or HA-High indicator on 1D chart
Split selling is possible around the 1st and 2nd above.
Currently, the HA-High indicator on the 1D chart is located at the 2.4001 point, so it is expected that it is highly likely to be created by falling when the price rises.
Since the gap between the HA-Low indicator on the 1W chart and the HA-High indicator on the 1W chart is narrow, it can be seen as a difficult section to trade.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Korean Token Wemix Trend ChangeSouth Korean lawmaker Kim Nam-kook held 800,000 WEMIXs with a peak price of over 6 billion won (about $4.55 million) when he introduced a bill to delay the taxation of virtual assets such as cryptocurrencies in 2021. The prosecution has launched an investigation into the matter to confirm whether there was a violation of the law. It is reported that after all 800,000 Wemix tokens were withdrawn between late February and early March 2022, the virtual currency exchange reported the details of the transaction to the Financial Intelligence Unit, which judged it to be an unusual transaction, notified the prosecution and handed over the relevant information.
Wemix 1$ soon again :Dlooks like no volume and reasone of WEMIX to grow back.
waiting fore re-buy it around 1$.
Only a short-term response is currently requiredHello?
Traders, welcome.
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The 0.5611-1.2728 zone does not yet have any support or resistance points formed.
Therefore, the key question is whether the price can sustain the current level above 0.5611.
In the meantime, you need to see if you can break out of the downtrend line.
If the price breaks out of the downtrend line and holds the price above 0.5611, it is likely to lead further upside.
However, until it is listed again on the Korean exchange or listed on Binance, it is still necessary to continue trading with a short-term perspective.
In other words, it is necessary to increase the number of coins corresponding to profit and lower the average purchase price.
At the same time, we need a strategy to sell in the bull market next year by extending the investment period in the mid- to long-term.
It is expected that there will be at least 1-2 mini-bull markets this year, and at this time, there is a possibility that the price of BTC will not fall too much, so we should also think about this and create a trading strategy.
The current rise of the coin market is a movement to switch from a new trend (downtrend → sideways) to a new trend (sideways → uptrend), and when this rise ends, I need to start mid- to long-term and long-term investments for next year. My mid- to long-term and long-term Perspective.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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wemix 4$ ? 4 $ straight or after some retest ?
low cap.
trend of whole market.
new games cooming soon .
WEMIXUSD This is how it reaches $5.000WEMIXUSD has been on an incredible 1 week rally and is near hitting Resistance B. The previous High of Wemix's +168.38% rally stopped after filling the gap on Resistance A and pulled back to Fibonacci 0.618. As the 1day RSI is bull flagging, we expect Resistance B to be fully tested on another approximate +168% rise.
Until the pattern breaks, we will be buying the pull backs to Fibonacc 0.618, with the next such pull back expected to happen on a massive 1day Golden Cross. Another two such sets target $5.000, a little over Resistance D. It may be no coincidence that recurring +168% rises fill all Resistance levels (prior Lower Highs) almost perfectly.
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Wemix back to 1$ soon and even lessWemix can go back to 1$ soon and even less. I see 0.9$ then 50/50% short/long...
WEMIXUSDT Good rebound but not a break-out yet. Trade it safely.*** ***
For this particular analysis on the Wemix token we are using the WEMIXUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where WEMIX has reached even +30% intraday but is pulling-back (so far) after coming too close to the 1D MA50 (blue trend-line). This is the trend-line where it got rejected heavily on October 27 and made a new Lower Low on the Channel Down pattern that it has been trading in since July 27.
In our opinion, today's rise isn't enough to make us buy Wemix . We would ideally like to see it break above the 1D MA100 (green trend-line), where the price was last rejected on October 18 and which has been holding as a Resistance since August 11.
A break above the 1D MA100, is a bullish signal targeting the 1D MA200 (orange trend-line). Closing above that, can target the upper Fibonacci levels one by one. Until a 1D MA100 break-out takes place though, Selling targeting the bottom (Lower Lows trend-line) of the Channel Down is the go-to trade.
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WEMIX (WEMIX) - October 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(WEMIXUSDT 1W Chart)
The key is whether you can climb to the 3.11716-3.6 section.
(1D chart)
We need to see if we can sustain the price above bin 1, ie 1.90107-2.01792.
If supported and climbed, it is expected that this will lead to an attempt to ascend to section 2.
Interval 3 falls near 0.5 of the right-hand Fibonacci ratio, so there is a possibility of resistance in this interval.
There will be a lot of resistance to move towards the 3.11716-3.6 section, so you need to be careful when trading.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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WEMIX (WEMIX) - September 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(WEMIXUSDT 1W Chart)
To turn into an uptrend, it must rise above the HA-Low indicator.
Therefore, it is necessary to check whether it rises above the HA-Low indicator or shakes up and down to make the HA-Low indicator decline.
Therefore, whether it rises above the 2.81931-3.6 section is an important factor.
(1D chart)
The key is whether it can move above 2.25539 to break out of the medium-term downtrend line.
To do this, it is necessary to check whether it can be supported in the 2.02406-2.11205 section.
If it falls below 2.02406 or below the downtrend line, there is a possibility that it will move towards the 1.58412 area, so trade cautiously.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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