WEMIX (WEMIX) - August 13hello?
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(WEMIXUSDT 1D Chart)
Primary resistance: 3.6
Secondary resistance: 4.17347
1st support: 2.41638
Second support: 2.02406
Holding the price above 2.581 is expected to lead to an attempt to move higher above 3.19791.
WEMIX is a token that has not yet proceeded with the mainnet.
It has been announced that the mainnet will be launched soon.
I don't think it's a good idea to invest in the mainnet thinking that the price will rise.
If you do mainnet, you will be out of the Klaytn ecosystem.
Therefore, it is expected to create a new coin ecosystem.
WEMIX is being used in P2E games and there is a movement to expand the P2E coin ecosystem.
Now is not the time to make an investment decision based solely on the possibility and forecast of the business.
Therefore, in order to invest in these coins (tokens), I think it is a desirable investment to reduce the purchase principal as much as possible and increase the number of coins (tokens) corresponding to profits (purchase unit price is 0).
XRP, SOL, and KLAY are among the coins (tokens) that must be invested using this investment method.
This is because these coins are receiving a lot of attention in the coin market, but they are burdensome to trade due to various issues about coins or companies.
Also, ZEC, XMR, LTC, and ZEN coins are the same.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Wemix
WEMIX (WEMIX) - July 3Hello?
Traders, welcome.
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(WEMIXUSDT 1W Chart)
An important key is whether it can rise above 6.03109, the volume profile section formed from a mid- to long-term perspective.
(1D chart)
If the 2.83210-3.19791 section is supported and supported, it is expected to turn into an uptrend in the short-term and medium-term perspectives.
However, it is expected that it will lead to a further increase only when it rises above 4.47454.
It is necessary to check whether it can be supported in the section 2.32202-2.59645, which is a weak support section.
If not, you should see if there is support around 2.03243.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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WEMIXUSDT Broke a January trend-line. Major rally ahead.The Wemix Token (WEMIXUSDT) is up +250% since its May 12 Low. This incredible rise has seen the price break not only above the two major Lower Highs trend-lines (of the Nov 21 and Dec 22 2021 Highs) but also above the 1D MA50 (blue trend-line) and yesterday the 1D MA100 (green trend-line). The latter, was the first break above this trend-line since January 11 2022.
That alone could be enough to justify the trend shift from long-term bearish to long-term bullish. What adds more weight to it, is the 1D LMACD indicator which reached a level we saw last time on October 22 2021, right when the major 1 month rally was starting.
Naturally, the immediate target is the 1D MA200 (orange trend-line) around 6.500. Don't be surprised if the price pulls back to gain more buyers and test the 1D MA50 as a Support, if the 1D MA100 breaks. On the longer-term, see how well the Fibonacci retracement levels match Resistance and Support levels during the downtrend. Technically those are the gaps to be filled after the 1D MA200 breaks.
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WEMIX (WEMIX) - May 26hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(WEMIXUSDT 1W Chart)
From a mid- to long-term point of view, it should rise above 4.47454 to continue the uptrend.
However, since a volume profile section is formed around 6.03109, it is expected that the upward trend will continue only when it rises above this section.
Below 3.6: It is likely to be a mid- to long-term investment area, so careful trading is required.
(1D chart)
This is the WEMIX chart that I introduced a few times on the BTC chart before.
It moved above 2.32202, turning into an uptrend in the short and medium term.
It has broken through the 3.6 point, the first resistance section, and is rising.
The secondary resistance section is 5.52515-6.03109 section.
It is important to be able to store power by walking sideways in the section 3.6-5.52515.
If it rises above 6.27980, it is expected to surge.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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