WAXPUSDT trade ideas
waxp usdtwaxp usdt
The live WAX price today is $0,351854 USD with a 24-hour trading volume of $120.239.463 USD. We update our WAXP to USD price in real-time. WAX is down ,21% in the last 24 hours. The current CoinMarketCap ranking is #126, with a live market cap of $628.682.287 USD. It has a circulating supply of 1.786.769.260 WAXP coins and the max.
🆓WAX (WAXP) Oct-26 #WAXP $WAXPWAXP has just conquered the $0.3 zone and is continuing to move to the $0.35, $0.4 and $0.45 zone. But if it loses the $0.3 zone, we can accumulate more at the $0.27 zone. But if it loses $0.27, we shouldn't hold WAXP anymore
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.3$ zone
🔴Buy : 0.3
🔴Sell : 0.35 - 0.4 - 0.45
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.3$ zone
🔵Sell : 0.3
🔵Buy : 0.27
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
WAX // new listing on Binance!! BE EXTRA CAREFUL WITH NEW LISTINGS THEY TEND TO DO WEIRD THINGS !!
Wax.io is a new listing on Binance. The project is focused on exchanging NFT goods and has it's own wallet.
Entry: avg buy current price (0.2878) -- down to 0.275
TP1: 0.3160
TP2: 0.3319
TP3: 0.3732
TP4: 0.4073 (~43%)
TP5: OPEN++
Suggested SL: 0.2612 (~8%)
Remember about risk management, especially that BTC has been quite volatile lately.
WAXPUSDT 1 HOUR Breaking resistance line coming from launch date on Binance. Good chance we will see a quick rise to 0.36, however, if it is completing the cup and handle then we should expect a retest downwards and MUST HOLD AS SUPPORT --- > This is drawn out as the long position path.
Short position:
We need to hold 0.32 support or else it will fail down to 0.28.
Volume:
Volume is indicated a dying trend for the bearish market, and now it slowly picked up volume as the price has been rising. This indicates a trend change, however, it is not a strong trend change. It is still a weak trend, it simple shifted from bear - > bull. Depending on the break, we will watch volume to see strong trend changes
RSI on 4 hr is still below 70 so we have a good set up,
WAXP/USDT { WAX } - BULLISH SETUPANALYSIS 🔎
- WAXP/USDT has been resisted by the short term descending trendline resistance.
- Price is testing the descending trendline resistance.
- After some breakout attempts, we could be on the verge of a successful breakout above the descending trendline resistance.
- Key horizontal resistance levels have been indicated on the chart.
- If a successful breakout is achieved, the horizontal resistance levels can be used as your take profit targets.
- Draw your lines and watch.
Eğlence 🥂
WAXP/USDT { WAX } - BULLISH SETUPANALYSIS 🔎
- WAXP/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetrical triangle's inclined resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.4150).
- Horizontal resistance level (@0.4250).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.