RESISTANCEHi Everyone,
I'm sure we are all happy with WRX break out to the upside and a bullish trend reversal from yesterday. Right now we are facing resistance at $4.2 and then 4.5 level, we did cross but the bears pushed us back. I am expecting a few more attempts before we eventually gain dominance over this level but if the bulls fail after several attempts and we are pushed back next support is around $3.7
Lets see how the rest of the day goes.
WRXUSDT trade ideas
WRX Bullish reversalThis is my first chart.... so go easy on your boy.
WRX just formed a rounded bottom and actually almost formed a cup and handle if you view the 1 min chart.
Rounded bottoms pay the bills. :)
WRX 2x in next 3days? MOON IT!after decent consolidation i think WRX is ready right now and should break this pennant..
UPDATE ONLY. As plotted before, this coin pair might find support at 3-3.2 level. Let's see if this holds. I updated the plotting of my triangle since the previous ones have already been invalidated. If it reverses here with strong volume, this might be it.
Price going down with volume drying up means that there's an increasing volume of holders of the asset. Let's see when the bears lose control.
Same Targets for me. 10 USDT and as high as 16 USDT
WRXUSDTIf price will break above the marked key level there is a higher probability that price will move to the more higher and fill the weekly candle's wick.
Take the entry based on your own trading plan and always follow the good RR to stay profitable.
WRXUSDT there is a narrow triangle ytd
it is a good project and dominance is falling.
How do you think? Dear friends, your comments are important to me.
WRXUSDT#WRXUSDT on 4h is at 50MA should bounce off from here breakdown below will be a 200MA retest.
We r going towards 6usdtWrx has traingle Breakout after it made high and get retreched and made traingle which indicate that we r going to above 6 usdt
Short term down trend but still longI am still long on this one but it will take longer unless a big pump will happen.
As of this writing, 3.6 to 3.8 still acts as support. Selling volume goes lower and lower without driving the price down at a fast rate.
If 3.6 breaks down, you can check 3 to 3.2 level then 2.6 to 2.8
If the new down trend line breaks, expect a recovery back to 4 to 4.6 immediate resistance.
Cut loss or take profit as necessary.
WRXUSDT LONG IN BINACE SPOT NOTICE : RISK/REWARD RATIO TO PT1 IS : 1.25
YOU CAN SET A "BUY STOP LIMIT" ORDER ON THE TRIGGER PRICE !!!
AFTER THAT SELL 50% OF YOUR POSITION ON TP1 AND UPGRADE YOUR STOPLOSS TO YOUR TRIGGER PRICE AND WAIT FOR TP2 OR MORE ... IT MEANS : RISK FREE !!!!
JUST LIKE AND FOLOWFOR MORE ... 8D
WRXUSDT-4H-Long potentail Hi traders;
For Crypto traders; WRX is completing retesting after breakout so we can find a long setup.
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