WRXUSDT
#WRX/BTC Buy Zones+ MID+Term TargetsWelcome to this quick Analysis.
WRX Broke down below the long term support trendline of the Triangle since its listing.
200D MA acted as a support so far.
The daily fib levels are good levels to buy in if you're looking into it. Break above the Red Resistance trendline will confirm the possibility of new ATH (In BTC pair) for WRX.
Besides it looks like we will be trading under a small falling wedge pattern which is basically a bullish pattern break above this wedge will alsonconfirm the uptrend.
So this is also important to keep in mind that if the
price breaks above this wedge+red trendline resistance we can buy back in even if all the bids aren't filled.
Currently I hold a decent amount of WRXX in my portfolio and placed more buy bids at the following levels:
Entry:
1. 1775
2. 1755
3. 1725
4. 1670
5. 1590
Targets:
1. 1970
2. 2230
3. 2460
4. 2575
5. Hold 20% Position for the long term.
Stop Loss: I don't recommend a stop loss, this is a potential coin and accumulating in the dips would be the best Idea IMO.
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We're here to learn together.
#PEACE
WRX token | 40+ % Target | RR 1:2Hey everyone, first of all please ensure safety of you and your family from Covid-19.
Follow the measures taken by the Govt.
So now straight to the point. In this analysis i used Fibo levels for target as well as for StopLoss and WRX is generating high volumes which is good.
This setup offers us 1:2 Risk to Reward ratio.
If this idea seems good or matched your views, you are good to go.
Best of luck Traders and keep supporting by giving a like to the work.
You can checkout my other works below.
WRX/BTC (Another Leg-up?: up to 35% profit)WRX/BTC
WRX is starting to trade outside the small trendline resistance at the 1984 sats area. If this price action continues,
we could expect a real breakout within 24-48 hours and new support will be established in 1860 sats area.
Our stop-loss will be below 50MA and upside target up to 2650 sats.
#WazirX BTCWe expect the rise from these areas
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WRX/BTC (Bearish pattern: -40% drop?)WRX/BTC
WRX is on a critical stage with this bearish descending triangle pattern which by technicals usually breaks to the downside.
Both 50 & 100 MA on the 4H time-frame are acting as immediate resistance zone during every minor pullback.
If WRX is unable to break this pattern to the upside within 24-48 hours.
The priority will be bearish and the target below is 900 sats area.
#WRX Is ready#Binance
#WRX
#Buy : 1635
Targets
T1: 1700
T2: 1880
T3: 2150
T4: 2450
T5: 2900
Stop-loss: 1475
Published By @Crypto2AF
WRX/BTC TA Update (bearish pattern confirmed?)WRX/BTC
WRX bearish H&S pattern is confirmed after breaking the neckline at around 1700 sats area.
If catalyst news will continue and WRX is unable to stay alive in the coming days.
I'm seeing a potential drop back to the mean which is located between 1000-800 sats regions.
WRX/USD bullish accumulationHello Traders,
Besides we dont have much history trading on this asset, we already formed support that we must pay attention if the price drops to this area, if we have buying pressure in this area a long will be indicated
And we have another buying point in WRX witch is the maximum breakout of this acumulation.
The RSI is showing bullish divergences on 4 hours, but the momentum is to be caution because Bitcoin next moviment.
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.
#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.
$WRX about to make some big move.WRX is in in falling wedge pattern for quite some time now if BTC dominance is remain in ALTs favour then there is a big chance for WRX to make some big move that we see in MATIC when they GET launched also we might get some good news from WazriX about this coin mean we never forget this is an exchange token and we all know that what exchanges token can do.
my targets on WRX
T1
1050
T2
1250
T3
1650
T4
2400
T5
HOLD FOR NEXT 2 TO 3 MONTHS.
not a financel advise do your own research.
#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