Whether it can rise above 34.45 is the keyHello?
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(WNXMUSDT chart)
(1M chart)
The key is whether the price can be maintained above the volume profile of 22.39.
(1W chart)
It remains to be seen whether the price will hold above 22.39-25.25 and then rise above 46.0, leading to an attempt to create a new wave.
Currently, 150EMA is passing in the 34.45-46.00 section, so it is necessary to check whether the price can be maintained by rising above 34.45.
However, since the StochRSI indicator is located in the overbought zone, if it fails to rise above 34.45, you should check if it finds support around 22.39-2.25.
(1D chart)
Unlike the 1M chart and 1W chart, the StochRSI indicator on the 1D chart has entered the oversold zone.
Therefore, the key is whether it can rise with support in the 29.67-32.59 area when it exits the oversold area.
If not, you need to make sure it is supported around 27.60.
If it rises above 35.75, it corresponds to the soaring section up to 46.0 or 55.54.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** 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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Wrappednxm
Wrapped NXM (WNXM) formed bullish Gartley for upto 661% big moveHi dear friends, hope you are well and welcome to the new update on Wrapped NXM (WNXM) token.
Previously we had a nice trade of WNXM:
Now on a monthly time frame, WNXM has formed a Gartley Shark pattern:
It can possibly recover back by next weak.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Wrapped NXM (WNXM) formed Shark | A good long opportunityHi dear friends, hope you are well and welcome to the new update on Wrapped NXM (WNXM) token.
On the 4-hourly time frame chart, the priceline of WNXM has formed a bullish Shark.
🆓Wrapped NXM/USDT Analysis (6/4) #WNXM $WNXMWNXM is testing the 55$ zone and the selling force is quite weak so we could expect WNXM may move up to 80$ and 105$ zone in this April
📈BUY
-Buy: 55-57$. SL B
📉SELL
-Sell: 80-84$. SL A
-Sell: 103-107$. SL A
♻️BACK-UP
-Sell: 55-57$ if B. SL A
-Buy: 44-46$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Wrapped NXM (WNXM) Overview + New Move MappedAbout Wrapped NXM
It is claimed that Nexus Mutual Membership rights will be represented by tokens. It is also claimed that tokens can be used to purchase cover as well as participate in claims assessment, risk assessment and governance.
Website: nexusmutual.io
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Here is another one that looks like it can move next.
WNXMBTC printed an Adam & Eve bottom pattern on the 4h timeframe... This pattern is bullish and tends to lead to a price jump.
Here I have two targets marked on the chart.
Namaste.