WRXUSDT trade ideas
At SupportPrice is is currently at Support,
Market has been consolidating for a awhile (blue box)
Expecting a strong leg up soon.
Trade Long for a Target at the Resistance line
WRXUSDT- 4.5 is my targetAfter breaking above the descending trend line, Wrx has confirmed the correction is over and is ready for a new leg up
Last week the coin was consolidating and now we have a clear resistance at 2.9
A break here can be the buy signal and my target is the next important resistance at 4.5 zone
#wrx#wrxusdt
Working inside of the descending channel, trying long on a confirmed retraced off of the support.
TWO CASES for WRXIf it doesn't break out from the falling wedge, expect the price to go down further back to 1.8-2 level especially since BTC is currently in bearish sentiments.
However, if it regains bullish momentum, expect it to go back to 4$ level.
For pump, it might go back to test the current all time-high at 6 - 6.7 level.
WRXUSDT - 4 HWRX in possible giant falling wedge, if this wedge break bull it will have a very nice reaction because the length of the pattern.
The only question is if it will first wick in the demand zone again or not..
For every new follower i will add a new idea :)
WRXUSDTGreen Horizontal Line :Target
Whites Lines : current channel
Red Zone :Resistance
Green Zone : Support
