WRXUSDT: Is it time to short?WazirX coin ( WRXUSDT , Indian exchange token, despite of overall market conditions is holding pretty well, so I think it's a good idea to consider a short setup for this coin.
Risky one - to take a short from this levels, i.e $0.19. More cautious would be to short from ~$0.20 level
Information is just for educational purposes, never financial advice. Always do your own research.
WRXBTC
WRX/BTCI did a chart on this yesterday, but didn't publish it, however, its relatively similar.
I adjusted the ABC correction because looking at it from a larger time scale I see this chart playing out more than the previous.
Previous chart correction would follow the pink wave up.
My money will be on the teal wave. Going in around the wave 4 correction. If you're trading off this make sure to set your stop loss. Mine is around 10% drop. This is not financial advice, good luck.
WRX - Possible playBTC broke, buy pressure on WRX dropped like a stone.
Plan A: Bullish plan for WRX.
Outside of TA I'm making up some numbers to justify upward swing: 1bn people - 2% Trade/buy (conservative est.) = 20m traders. Wazir Exchange share 30% = 6m, $1000 USD = 6 Billion cash.
It's hard to be bullish in this scenario but crypto can be a dynamic marketplace.
Best, HF
#WRX Falling wedge#WRX looks good again. Falling wedge and strong support below the price level.
Entry zone and targets on the chart.
WRX is still on fire. How far could it go...?If we are still in the third impulsive wave, I expect it to go way above the 2k sats on the 5th wave before it drops into corrective ABC...will see if I'm right
WazirX Long-Term Targets Fully Mapped (162%+)Here I have the Fibonacci targets fully mapped for WazirX (WRXBTC) by the request of many of our readers, supporters, and amazing followers.
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$WRX, 80% up in the last 48hs $WRX
Out of my radar till now...
80% up in the last 48hs (60% in the last 24hs...)
Don't blindy FOMO tho!
#WRX
WazirX (WRX) | New Binance Add | Support & ResistanceLaunched in 2018, WazirX is India's largest and fastest-growing cryptocurrency exchange with more than 200,000 app downloads with an average rating of 4.5. They have recently gone global. WazirX’s aim is to bridge the global fiat-cryptocurrency gap with the world’s first auto-matching P2P engine - WazirX Peer-to-Peer. As of today, WazirX P2P is the go-to method to deposit and withdraw INR in India, and growing steadily.
Key Features:
WazirX P2P: With the world’s first auto-matching P2P engine, WazirX P2P is the next generation P2P system that has simplified the process of depositing and withdrawing fiat tremendously. WazirX P2P is the go-to method for depositing and withdrawing INR (fiat) for 1 Billion people of India. After tremendous success in India, WazirX plans to solve the fiat <> cryptocurrency conversion problem globally for many more countries.
Smart Token Fund (“STF”): The STF aims to involve enthusiasts who do not have time to trade and/or do not know which token to trade or how to trade into crypto. It is a simplified community-driven initiative where cryptocurrency enthusiasts can find expert traders to help them grow their cryptocurrency portfolio on WazirX.
Trading Platform: WazirX crypto-to-crypto markets with 80+ cryptocurrencies are available for everyone globally and can be accessed via the Android, iOS, Web, Mac and Windows platforms. Users can trade with ease and speed, as well as securely store one’s digital assets in the WazirX wallet.
WazirX’s native token, WRX, is the utility token forming the backbone of the WazirX ecosystem. Its total supply is 1 Billion. The WRX token is built on Binance chain with future use cases including: trading fee discounts, WRX trade mining (unlock and earn WRX tokens by performing trades), paying for margin fees, and more.
#WRX HUGE PROFIT - 74% so farHUGE PROFIT, 74% Profit so far.
After the good news today, #WRX pumped hard.
#WRX deviation and could show a good move#WRX is showing a good deviation and could show a good move.
#MACD give us another confirmation of this move, So Entry from here is good - and it give a good profit.
$CHZ C&H formation. Might/will follow $Matic & $WRX$CHZ C&H formation. India has lifted the #Crypto ban. With the recent rallies of $Matic & $WRX the next one to experience exponential growth might as well be #CHZ. Be patient. The setup has a lot of potential. After $WRX and Matic start retracing the profits from them might/most probably will flow into $CHZ.
If there is not some bigger agenda in play CHZ will rally too. Be careful and don't oversize positions, though.
WRX - Binance Web P2P launched. WRX announcement to follow?Binance just launched web P2P platform and WazirX is a P2P platform which Binance in Nov, 19.
With this acquisition you can assume that Binance have some big plans in P2P space and WazirX fits well into.
WRX is an exchange token and have intrinsic value like any other exchange token.
On Technicals, price seems to have squeezed and have found support.
I am anticipating some announcement from Binance regarding WRX.
This should move up from here unless BTC again dives like it is doing for past one week.
#WRX TIME TO JUMPBuy Some WRX Here
Target 1 : 900
Target 2 : 1200
Target 3 : 1600
Target 4 : 2250
Good Luck Guys , Thie s coin will easy make 300-400%
Chart Don't Lie Guys
WRX is on Price Discovery Mode #WRXBTC
Buy: 0.00000936 - 0.00000842
Target 1: 0.00000983
Target 2: 0.00001058
Target 3: 0.00001133
Target 4: 0.00001254
Target 5: 0.00001451
Stoploss: 0.00000800
Invest: 3%
Risk/Reward: 10% / 63%
WRX - Large Continuation Pennant, 100% Gains PotentialKeep on eye on WRX. It's one of Binance's latest adds and these newly added coins tend to have lots of volatility. Given the bullishness of the market and the pennant, I am biased to the upside. The target is based off the pennant height, however, I understand that the target could be far short of the next high. So for the sake of this trade, I'm setting my target just shy of .00002. The price is currently trading below a key level of significance as it approaches resistance at the top of the pennant. I'm inclined to believe we will test the bottom of the pennant again before breaking out.
Here's what I'm doing: I have a buy price set over .000011 to buy the breakout. If the price gets rejected, I'll change my buy order to ~.0000095. From here, I'll set a SL right below this area and let it ride. I'm not committing yet, because I could get at 10% discount on my purchase.