WAX : Time to Reverse for a 2x Profit
Updated
Background : WAX is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing. Developed by the founders of OPSkins, the world’s leading marketplace for online video game assets, WAX coin is designed to serve the 400+ million online players who already collect, buy and sell in-game items.
WAX was in a downtrend correctional wave for the past 2 and a half months with lower volume comparing to its past experience. It seems it tested the market with a sideways consolidation pattern for the last month and seems its time to reverse again.
Technical Analysis
-RSI is around 48.
-Both 50EMA and 89EMA are below the chart which is a good indicator for accumulation step.
-Falling wedge pattern already broke and needs a confirmation to have a construction of 5 waves elliotts wave when the next strong resistance around 1253 sats is broken.
Fundamental Analysis
Further there are some good news coming out regarding this token by this month and the following month. Here are some events and schedule of the roadmap of WAX token:
26 October 2018 --TwitchCon 2018
30 October 2018 --World Crypto Con 2018
06 November 2018--IVentures 2018
15 November 2018 (or earlier)--Rating Contract
30 December 2018 (or earlier) --Guild Voting
31 December 2018 (or earlier) --WAX Blockchain Tokens
Accumulation Zone : 890 sats - 1030 sats
Distribution Targets
Target 1 : 1253 sats
Target 2 : 1502 sats
Target 3 : 1704 sats
Target 4 : 1905 sats
Mid to Long Term Targets
Target 5 : 2192 sats
Target 6 : 2557 sats
Stop Loss : 836 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
Further if you want to be in our VIP package please inbox us in our tradingview address or on telegram @ togetherweaccumulate .
With Regards. TeamTWA.
WAX was in a downtrend correctional wave for the past 2 and a half months with lower volume comparing to its past experience. It seems it tested the market with a sideways consolidation pattern for the last month and seems its time to reverse again.
Technical Analysis
-RSI is around 48.
-Both 50EMA and 89EMA are below the chart which is a good indicator for accumulation step.
-Falling wedge pattern already broke and needs a confirmation to have a construction of 5 waves elliotts wave when the next strong resistance around 1253 sats is broken.
Fundamental Analysis
Further there are some good news coming out regarding this token by this month and the following month. Here are some events and schedule of the roadmap of WAX token:
26 October 2018 --TwitchCon 2018
30 October 2018 --World Crypto Con 2018
06 November 2018--IVentures 2018
15 November 2018 (or earlier)--Rating Contract
30 December 2018 (or earlier) --Guild Voting
31 December 2018 (or earlier) --WAX Blockchain Tokens
Accumulation Zone : 890 sats - 1030 sats
Distribution Targets
Target 1 : 1253 sats
Target 2 : 1502 sats
Target 3 : 1704 sats
Target 4 : 1905 sats
Mid to Long Term Targets
Target 5 : 2192 sats
Target 6 : 2557 sats
Stop Loss : 836 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
Further if you want to be in our VIP package please inbox us in our tradingview address or on telegram @ togetherweaccumulate .
With Regards. TeamTWA.
Trade closed: target reached
Accumulation Zone : 890 sats - 1030 sats
Distribution Targets
Target 1 : 1253 sats [Achieved]
Totoal Profits so Far : 51.8%
As we signaled this trading pair 5 days before it did breakout its strong resistance at around 1253 sats and reached 1350 sats today. Its in a correctional movement for now. Congrats to members who get such a huge profit in such a red season in the crypto arena. With Regards. Team TWA. If you are looking for a VIP membership please do consider to contact us in our inbox and in our telegram channel @ togetherweaccumulate . Remember that our VIP packages also include tutorial sessions which empower our clients to be professional traders by their own in a very short period of time. Stay Tuned for further signals in our channels.
#TogetherWeAccumulate
Trade closed: target reached
Accumulation Zone : 890 sats - 1030 satsDistribution Targets
Target 4 : 1905 sats [Achieved]
Totoal Profits so Far : 112%
As we signaled this trading pair 21 days before and gave an additional update just when we reach 50% profits we did reached our short term goals in the some exchange platforms. Hope our short term traders did infact distribute at our selling recommendation point. For those of you who invested on this crypto asset for a long term just stay tight and keep watching the uptrend. We will update more on this coin when it reached its lowest corrective point.
Congrats to members who get such a huge profit in such a red season in the crypto arena. With Regards. Team TWA. If you are looking for a VIP membership please do consider to contact us in our inbox and in our telegram channel @ togetherweaccumulate . Remember that our VIP packages also include tutorial sessions which empower our clients to be professional traders by their own in a very short period of time. Stay Tuned for further signals in our channels.
#TogetherWeAccumulate
Disclaimer
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