WAXPUSDT trade ideas
WAXP LONG SETUP📍 Crypto SIGNAL #📍
COIN: $WAXP/USDT (3-5x)
Direction: LONG 📈
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➡️ Entry : 0.04210-0.03755
🔰 Targets
🎯 Short Term :
🎯 Target 1 - 0.04260
🎯 Target 2 - 0.04310
🎯 Target 3 - 0.04350
🎯 Target 4 - 0.04410
🎯 Mid-Term :
🎯 Target 5 - 0.04500
🎯 Target 6 - 0.04700
🎯 Target 7 - 0.05000
🎯 Target 8 - 0.05500
🎯 Long Term :
🎯 Target 9- 0.06500
🎯 Target 10 - 0.07500
❌ Invalid Level : 1D candle below 0.03440
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#SRFXTEAM💻
#WAXP (SPOT) entry ( 0.03500- 0.04100)T.(0.33000) SL(0.03413)BINANCE:WAXPUSDT
#WAXP/ USDT
Entry ( 0.03500- 0.04100)
SL 1D close below 0.03413
T1 0.06100
T2 0.09600
T3 0.17000
T4 0.23000
T5 0.33000
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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WAX Token 888% Spot Trade-NumbersMy dear friend, some Altcoins will crash together with Bitcoin, others will remain neutral —sideways— while others will grow.
Today I would like to share the full trade-numbers for this chart setup.
This is spot trading with mid- to long-term targets.
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WAXPUSDT
ENTRY:
1) $0.03200
2) $0.02900
3) $0.02600
4) $0.02400
TARGETS:
TP1: $0.03975
TP2: $0.04842
TP3: $0.06280
TP4: $0.07444
TP5: $0.08610
TP6: $0.10266
TP7: $0.12360
TP8: $0.15555
TP9: $0.18465
TP10: $0.22222
TP11: $0.24825
TP12: $0.28333
STOP: Adjust to your own risk tolerance
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Technical analysis, you ask?
A new All-Time Low has been hit and today WAXPUSDT remains green while Bitcoin is hitting a new low. This can hint that this is one of the pairs that will detach and grow in the coming weeks.
Remember our strategy, buy and hold focusing on the long-term. If prices drop, buy more because we are in the accumulation phase.
Never place a stop-loss in the exchanges. It is a scam. The best we can do is a manual stop-loss and be careful with those as well. We tend to place stops at support, and reversals tend to happen at support.
Namaste.
Trade Signal for WAXPUSDTDirection: Buy
Enter Price: 0.03041
Take Profit: 0.03083667
Stop Loss: 0.02975667
Analysis:
This trade idea for WAXPUSDT has been generated using the EASY Quantum Ai strategy, which relies on advanced machine learning techniques and data analysis to identify potential market movements. The decision to enter a Buy position is based on several factors observed within the WAXPUSDT market:
1. Trend Reversal Signals: Our strategy has detected preliminary signals of a potential uptrend reversal in the WAXPUSDT pair, given current market conditions and historical data patterns.
2. Momentum Indicators: Key momentum oscillators are showing signs of bullish divergence, supporting the likelihood of an upward price movement.
3. Support Levels: The stop loss has been strategically placed at 0.02975667, just below a critical support level. This allows for minimal downside risk while maximizing profit potential should the trend continue upward.
4. Market Sentiment: Recent market sentiment analysis indicates a favorable outlook among traders, suggesting an influx of purchase interest.
By taking a Buy position at 0.03041, this trade aims to capitalize on these indicators with a target of 0.03083667. Always ensure to review the latest market conditions and adjust risk management settings accordingly.
WAX (WAXP) Buying The Bottom, Trading Strategy & MoreI think one of the best things that can happen to a Crypto holder, a buyer or trader, is to catch the bottom. Catching the bottom of a move is really something else... Specially when we are talking about the Altcoins market that tends to produce great growth in the short-term.
Right now there are so many of these pairs, that are looking good; no!, not good but great, that it is astonishing. The good news is that many people are reading, many people are following and many people are taking action. We are seeing 50-70% breakouts happening now every single day. This pattern will repeat for weeks, over and over, again and again.
Remember, hold your pair and do not jump around... It is better to diversify than trying to catch the next pair that will move next. Because when you do that you get entangled with the market. We tend to sell the one that is moving up and buy the one that is going to stall. Instead, buy the ones low and wait patiently, the market takes care of the rest.
Here we have WAX looking great. The strong lower low means that the sellers are done.
The super high volume before the lower low confirms that the whales are loading up. This is all the data we need.
A strong bearish wave that ends in strong buying. At the same time the other Altcoins are already rising... It is all already confirmed. So we buy and hold. Once prices move up, sell on the green. It is not necessary to stay with the pair on hand, it is better to take profits and move on. This would be a short-term move. Once the capital grows, one can focus on some of the long-term strategies for other pairs.
Remember to do your own planning, your own thinking and your own reason. Use my charts for learning, for timing and for fun.
This is not financial advice.
I appreciate your support.
Namaste.
WAXP/USDT Technical AnalysisHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The WAXP/USDT pair has been in a downtrend since reaching its peak around September 2021.
The price has recently shown signs of bottoming out after rebounding from the support trendline at $0.03205.
#WAXP is currently facing resistance at the 21 EMA of $0.04649. Once it surpasses this level of resistance, we are likely to see a decent rally toward the resistance between $0.105 and $0.124.
Key Observations:
- Support/Entry: $0.0286 to $0.0364.
- Primary Resistance: 21 EMA Resistance at $0.04649.
- Higher Resistance/Initial Target: $0.105 to $0.124.
- RSI: Bullish momentum after hitting the oversold range.
- Invalidation Point: A breakdown and close below the lower support trendline.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Waxpusdt trading opportunityWAXPUSDT has completed a 5-leg drop in the form of a falling wedge, followed by a breakout signifying the beginning of recovery.
The price has completed wave 1 and is now undergoing correction for wave 2 before the next impulsive wave 3.
The re-accumulation zone presents a favorable buying opportunity, with a provided stop-loss to mitigate risk in case of a price reversal.
We have also specified the final setup targets along with mini targets for short-term profit-taking.
Your comments and likes are appreciated.
Thank you.
#WAXP/USDT#WAXP
The price is moving in a horizontal triangle on a 1-day frame and we have a support area in green at the level of 0.05500.
We have an ascent in successive stages
We have a higher stability moving average of 100
Now we have a breakout to the upside
Our RSI indicator has a well reliable uptrend
Entry price is 0.09812
The first target is 0.1106
The second goal is 0.13060
The third goal is 0.15880
Breakout and Potential of WAXP/USDTWAX (WAXP) is a dedicated blockchain launched in 2017, tailored for e-commerce transactions to make them faster, simpler, and safer for all parties involved. It operates on a Delegated Proof of Stake (DPoS) consensus mechanism and is fully compatible with EOS. WAX has been designed with specific features and incentive mechanisms to optimize its utility for e-commerce. This includes a suite of blockchain-based tools upon which decentralized application (DApp) marketplaces and non-fungible tokens (NFTs) can be developed. Among these tools are the WAX Cloud Wallet, SSO, OAUTH, native RNG services, and a developer portal. The WAX blockchain architecture facilitates 500-millisecond block times and enables transactions without fees for its users, while also rewarding voting participation for block producers and proposal improvements (CoinMarketCap).
WAX plays a significant role in the Web3 ecosystem by emphasizing e-commerce and digital and physical item trade facilitation. It has pioneered creating a space where anyone can trade items instantly and securely, through DApps, NFT marketplaces, or traditional e-commerce operations. This places WAX at the forefront of integrating a broad array of users and developers into a decentralized digital commerce ecosystem, making a substantial contribution to the Web3 world (CoinMarketCap).
In terms of recent developments, WAX has entered into a strategic partnership with Amazon Web Services (AWS) to make crypto game deployment simpler. This collaboration aims to empower developers by providing resources that ease the implementation of games on the blockchain, potentially leading to significant innovations in the crypto gaming and NFT spaces (CoinGecko).
Incorporating this information into your analysis underlines WAXP's significance not only through its technical attributes and utility in e-commerce and Web3 but also through its recent strategic moves that could further boost its market relevance and adoption.
What is next?
Looking at the WAXP currency, W-A-X-P, compared to the USDT pair, I see that it has filled the liquidity gap that was missing after the breakout from the descending wedge and even overperformed the pattern. There was institutional buying that pushed it above the manipulation trends. It also reached a yearly high at 0.12347. Many traders got in there with leverage. A control point was formed at 0.08576, with a lot of liquidity accumulation in that area, which is very close to the weekly low, right? What happens is that this point is also a reversal point here for a pump. So, if it's going to rise, because it's aligned with the trend and with important market zones, by the market maker. The next reversal point would be at 0.07490 and the following at 0.05769 for an upward movement. However, now would be a good time for it to react and go after that liquidity left by the buyers at the top, averaging down, and it's between 0.10213 and 0.10733. So, it would be almost a 30% appreciation from current levels. Maintain a control point as your base to decide whether to stop out the operation or not. Even if you take several short stops, it's much more advantageous to do it this way, which is above 0.08576, your stop would be below this level. Below this level, you're going to sell, and you should always do this because even if it takes time, even if the market creates a small range there between that level, it will give you your gold medal, right? So, pay attention to these levels, right? Because at this level is also confluent the Liquidity Zone, LZ, it's above the FirePrice as well, at 0.08749, exceeding there. Let's see there again a test near at least the week's high. And who knows, even surpassing the year's high. Everything depends on the correlation. You can see that the correlation is not 100% with Bitcoin. Now it has lost a bit more of this correlation, being 72.9% over the last 30 candles. As it's a 4-hour chart, it's important to note that. But it's a high correlation. So, Bitcoin needs to again surpass its market cap, regain that lost support, above two trillion, so that we can see new highs in this asset. Everything is also specified more detailed on the chart. Anyone interested can check out my analysis that I made.
WAXP LOOKS BULLISHFrom where we have a red flash on the chart, a big correction has started.
This correction was a diametric one.
We expect that after the end of the G wave, the candles will move towards the TPs while maintaining the green range.
Targets are marked on the chart
You should note that the time frame is 1 day and this movement needs time.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
WAXP ANALYSIS🔮 #WAXP Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #WAXP and trying to retests the level. It's a 3D time frame breakout and we will see more higher price in long-term. A successful retest of support could propel a rally 📈📈
💸Current Price -- $0.08115
📈Target Price -- $0.13327
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#WAXP #Cryptocurrency #Breakout #DYOR