WAXP - Overlook & Trade setupWAXP just broke out from a looooooong consolidation.
So we don't have enough data to set out trade setups, but here is what I think might be important.
There's a ATH Resistance which might be touched again and it's pretty strong.
There a local resistance which isn't as strong but might be a key area for your positions.
There's support which can hold the price up for a short period of time.
Right now all platforms are showing strong buy volumes and high demands so I don't see this coin dump any time soon.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.37726102
Good Luck
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WAXPUSD
WAXUSD Buy Opportunity WeeklyWeekly buying opportunity as a result of a breakout from a falling wedge
A "weak top" has formed or a rounded top
these tops are usually rejected extremely bullishly
this pattern is probably the most bullish one ive seen in the past
Considered buying this but too attached to my BCH / XRP positions
$WAX (WAXP/USD) demand at $0.048WAX has recently gained popularity due to a partnership with Topps and the successful launch of Garbage Pail Kids on the WAX blockchain (an EOS side/sister chain).
Price left the $0.048 level in a big way and has doubled in value in about a few days. WAXP/USD is currently trading around $0.08.
If price approaches demand at $0.048 I will be placing a buy order just above the green line because there will be a lot of competition to buy.