Wazirx
WRX - breakout! Let's go to ATHHello, everyone!
As you know I bought WRX at $1.30 according to my strategy. You can check it with following the link into description.
Now let's analyze what is going to be next. The daily candle closed above the strong supply zone 1, it can be an evidence that this long accumulation is over and WRX is going to go to the moon.
I expect short consolidation at the current price and the next impulsive move to the supply zone 2 ($2.39). In case of this resistance breakout the final two targets are $3.44 and $4.66.
When the price will go higher I will update this analysis. Please, subscribe to the channel and smash the like button to support me on mu way!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
WAZIR will have a major breakout in the coming days. Take it.Hello, nice person!
WRXUSDT can break out of the triangle in a couple of days: claim gains in the $ 3.00 - $ 4.00 range in three weeks.
Keep your buys on the low side, take $1.2, if possible take 1.1 - 1.0 too.
High volatility is expected, so use only affordable risk in the trade.
Best regards,
Artem Shevelev
WazirX(WRX) | Trading PlanHello, everyone!
OVERVIEW
Let's take a look at the largest Indian cryptocurrency exchange, which is integrated to
Binance ecosystem. Key features are:
1)Instant INR (fiat) deposit and withdrawal options
2)World’s first auto-matching P2P engine with high
liquidity
3)80+ tokens
4)Login via Binance option
FUNDAMENTAL ANALYSIS
Product 7/10
Such innovative cryptoexchange with the Binance support performs a really top product in the cryptoexchanges sphere.
Tokenomics 5/10
45% of the total supply is in circulation. Total supply is unlimited. Tokenomics could be better but not so critical.
Partnerships 6/10
The Binance supports WazirX. It means that Binance is interested in WazirX expansion.
Exchanges 8/10
Binance, Poloniex and Tokocrypto and a lot of small exchanges listed WRX token which is really good for exchange's token.
Market Information 6/10
26X profit made the early investors, but the ATH was at $5.88 and the correction started in April 2021. I suppose that the price drop was sufficient for the new accumulation phase. I think the price easily can make 3-4X from the current price.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
WRXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
WRX/USDT ( WazirX ) Technical Analysis Overview#WRX/USDT TA Update:-
$WRX currently trading at $1.22
And bear Pennant in 4H chart.
Daily Chart looks Bullish Pennant.
So we can see $0.80-$0.85 price in short term.
Which will our Super entry zone.
After this zone hit we can see Big Upward rally.
Targets For mid term:- $2/$4/$11
Exit below $0.8
Support:- $1.17/$.82
Resistance:- $1.28/$1.6/$2/$4
🆓WazirX (WRX) Aug-25 #WRX $WRXWRX is having important support areas at $1.4 and $1.3 and is heading up to the $2 and $2.6 zone. But if it loses 1.3$ area, it will fall back to 1.1$ area
📈BUY
🔴Buy : 1.37-1.43$
🔴Buy : 1.27-1.33$. SL if B
📉SELL
🔴Sell : 1.95-2.05$. SL if A
🔴Sell : 2.54-2.66$. SL if A
♻️BACK-UP
🔵Sell : 1.27-1.33$ if B. SL if A
🔵Buy : 1.07-1.13$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
#WAZIRX $WRX Target 1Wazirx set for new highs. Please refer chart for target price and yes of course, this is valid only if BTC sustains at current level or goes higher.
WRXUSDT { WAZIRX } - BULLISH SETUPANALYSIS 🔎
- WRXUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@1.28)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
WRX / BTT Similar Gaussian PositionsPositioned or 'Perched' atop the channel
This to me is a great entry point for both the coins
as seen on WRX the last time (green oval) price touched the top, it mooned. Will this repeat?
I am long BTT
🆓WazirX (WRX) July-30 #WRX $WRXWRX has conquered the $ 1.1 zone and when retesting this zone, the buying power has also appeared so we can expect a strong rally to $ 1.4 and $ 2 in August. However, if WRX hits Losing the 1.1$ zone, it will fall to the 0.9$ area
📈BUY
🔴Buy : 1.07-1.13$. SL if B
🔴Buy : 1.37-1.43$ if A. SL if B
📉SELL
🔴Sell : 1.37-1.43$. SL if A
🔴Sell : 1.95-2.05$. SL if A
♻️BACK-UP
🔵Sell : 1.07-1.13$ if B. SL if A
🔵Buy : 0.88-0.92$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
🆓WazirX (WRX) June-13 #WRX $WRXWRX is currently too weak to conquer the $1.6 zone, so it is highly likely that it will have a strong correction to the $1.2 zone before recovering to the $1.6, $2 and $2.4 zone in June and early July. However, if it loses 1.2$ zone, it is very dangerous because it will easily fall to 0.8$ or even 0.2$ by the end of June.
📈BUY
🔴Buy : 1.17-1.23$ if A. SL if B
🔴Buy : 1.56-1.64$ if A. SL if B
📉SELL
🔴Sell : 1.56-1.65$. SL if B
🔴Sell : 1.95-2.05$. SL if B
🔴Sell : 2.35-2.45$. SL if B
♻️BACK-UP
🔵Buy : 1.56-1.64$ if A. SL if B
🔵Sell : 1.95-2.05$. SL if A
🔵Sell : 2.35-2.45$. SL if A
🔵Sell : 1.17-1.23$ if B. SL if A
🔵Buy : 0.78-0.82$ if A. SL if B
🔵Buy : 0.18-0.22$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
WazirX WRXBTC giong longI might regret this for I sold BNB to ride WRX vs BTC. WRX is -60% from it's earlier ATH vs USD. Unlike my friend Master Yoda who's setting high hopes on this, I am setting a 40% exit target in consideration of BTC gaining dominance any day in the coming weeks.
Blue line is my entry
Green line is my exit
Do you think I'll regret selling BNB for WRX? Or did I do the right thing here?
... only time will tell.