WRX - 0.34 Extended targetWRX offers a clear market structure. Following the sell-off at the recent top WRX has broken the descending wedge.
Targets are 0.32 with stretch to 0.34. 0.3 might act as initial resistance.
Support at 0.258
Best, HF
Bottom to top analysis can be found in my previous WRX idea.
WRX
🚨 #WRX/USDT LONG
#WRX
We have Flag Down since May 2022
Price respected the limits of that channel to a large extent
Now we have a breakout of the boundary of that channel in the uptrend with the 100 moving average breaking up
Price 0.1890
First Goal 0.2501
Second Goal 0.3125
We have a great buying momentum
WRX ANALYSISThe previous big correction looks like an ABC with a terminal wave C that has ended and the price has entered a bullish diametric. It looks like it is now in the middle or end of wave E. If a correction is formed for the F wave, you can look for a buy/long position.
The target of the red box is supply.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
WRX WazirX Price Target Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is WRX WazirX.
I've set a short-term price target for WRX WazirX at $0.10.
Looking forward to read your opinion about it!
WRX quick tradeHello again!
So, besides the longer charts, let's see what Fractalic one can bring to us.
Few days ago I've seen BINANCE:OGUSDT forming the exact same pattern as it has shown in April, now with BINANCE:WRXUSDT i see the same formation either from July (better scenario) or June (meh but still ok).
If we're at June's formation:
- Quick buy at 0.102-0.103
- Sell at 0.112
Profit: 9%
If we're at July's one:
- Enter at 0.098-0.1
- Sell partly at 0.112 / 0.12 / 0.132
Overall profit: 17% - 32%
Don't forget to use Stop Loss, however with CRYPTO:WRXUSD we're very close to the bottomish bottom of the bottom. This coin has served as a lifechanger for some giving a ridiculous 10500% in 2021. Dumped hardest 98,85%, accordingly. And still is always performing pump/dump scenarios here and there even being this low.
So, let's see what will it bring to us in a longer term, too. Giving a shot that it's mostly Indian market and I believe India to hop on its exponential growth very soon, we can make that lifechanger candle great again.
Potential Buy / set Take Profit in the sky / and Forget if we'll ever go to 0.08 or if we will surpass this long support line and move further to 0.05-ish.
ALTCOIN SHHOPING. KAVA, LTC, MATIC, KNC, WRXIn this idea I gathered 5 interesting to buy altcoins for today, where a set-up to buy was formed. This is not 5 different trading ideas, but one, because if the growth of altcoins will be all, and vice versa, when correcting, there is a probability of getting 5 stops. Therefore, if you trade any of these instruments, you can take a closer look and choose one.
KAVA
Higher low + double bottom, price at support + short stop, good reserve for the price increase to the region of 1.05-1.15
LTC
Pushing up to the level. Looks good on a breakdown of the 95$ area with targets 100-110-115, a stop can be hidden under 85$.
MATIC
Higher low + breakdown of the downtrend, volume growth on H1+good price margin. Stop can be hidden under $1, the profit target is 1.2-1.3
KNC
Pushing the price to the level of 0.75, looks good for a breakthrough, stop is appropriate for 0.65, the profit targets at 0.82 and 0.95 is an update of the local high
WRX
A squeeze to the level of 0.18-0.185, false breakdown of this zone, most likely the price will go higher. Stops under 0.155. Take profit targets at 0.215 and 0.25-0.29
Support the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
$WRX/#BTC [#WazirX]: Resistance_Breakout_Confirmation SuperTrend◳◱ We have identified both a Super Trend pattern and a Resistance Breakout on the $WRX / $BTC chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00000895 | 0.00000937 | 0.00001036 and the major support zones are at 0.00000796 | 0.00000739 | 0.0000064. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000853 ₿
▣ 24HVol: 3.274 ₿
▣ 24hChng: 2.771%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000895 | 0.00000937 | 0.00001036
◢ Support: 0.00000796 | 0.00000739 | 0.0000064
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.23 - Very Bearish
▣ Twitter sentiment score is 0.30 - Bearish
▣ Reddit sentiment score is 0.28 - Very Bearish
▣ In-depth WRXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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$WRX/#BTC [#WazirX]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $WRX / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00000878 | 0.00000913 | 0.00000999 and the major support zones are respectively at 0.00000792 | 0.00000741 | 0.00000655. We may consider entering a trade at the current price zone at 0.00000833 and targetting higher levels.
Technical Metrics :
Current price: 0.00000833
24H Volume: 7.9952
24H Price change: 6.25%
Pivot Points - Levels :
Resistance: 0.00000878 | 0.00000913 | 0.00000999
Support: 0.00000792 | 0.00000741 | 0.00000655
Indicators recommendation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
Market Sentiment Index : I'm working to include the Sentiment Index on a Bullish and Bearish scale for: News, Twitter and Reddit. Stay tuned!
In-depth WRXBTC technical analysis on Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here
$WRX/#BTC [#WazirX]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $WRX / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00000878 | 0.00000913 | 0.00000999 and the major support zones are respectively at 0.00000792 | 0.00000741 | 0.00000655. We may consider entering a trade at the current price zone at 0.00000832 and targetting higher levels.
Technical Metrics :
Current price: 0.00000832
24H Volume: 6.5822 Ƀ
24H Price change: 4.523%
- Pivot Points - Levels :
Resistance: 0.00000878 | 0.00000913 | 0.00000999
Support: 0.00000792 | 0.00000741 | 0.00000655
Indicators recommandation :
Oscillators: BUY
Moving Averages: STRONG_BUY
Technical Indicators Summary : STRONG_BUY
- In-depth WRXBTC technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here
On 1 Feb 2023 Indian FM Will Talk on Crypto Regulations.......On 1st Feb Indian Finance Minister Nirmala Sitharaman is going to announce budget of India. I am expecting that she will definitely talk about crypto regulations in India.
As Wazirx is leading exchange in india right now, if something positive is for indian crypto community then WRX coin and other well reputed indian tokens will pump hard on tht day. So lets trade this upcoming new
This trade is completely based on news, if something unfavorable news comes WRX will dump too...
WRXUSDT - excellent medium-term investmentLaunched in 2018, WazirX claims to be India's fastest growing cryptocurrency exchange with over 400,000 users, with an average app rating of 4.6. WazirX is a part of the Binance ecosystem. WazirX and Binance have launched a $50 Million USD ‘Blockchain For India’ fund. The exchange is available for the global audience, and key features include:
Instant INR (fiat) deposit and withdrawal options
Smart Token Fund to help crypto investors find expert traders, and let them manage their cryptocurrency portfolio
World’s first auto-matching P2P engine with high liquidity
80+ tokens
Login via Binance option
WRX is the utility token of WazirX. WRX token is based on the Binance blockchain. Its total supply is 1 Billion. The token holders will be rewarded with various benefits on the trading exchange like trading fee discounts, WRX trade mining, token airdrop, margin fee, and more. WRX and WRX are backed by Indian entrepreneurs with over 10 years of experience in building and scaling global products out of India. WazirX was also acquired by Binance in November 2019. The goal of WazirX is to make crypto accessible to everyone in India.
If you liked the idea, please like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your
your loved ones.
WazirX (WRX) - September 21Hello?
Traders, nice to meet you.
If you follow "Follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(WRXUSDT 1D chart)
1st resistance: 0.2557-0.2720
2nd resistance: 0.3540
Support: 0.2110-0.2300
If you are supported from the support section, it is expected to rise.
If you fall from 0.2110, you need to touch the fall trend line (1) to see if it rises.
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** All descriptions do not guarantee losses in investments for reference.
** If you share this chart, you can use the indicators normally.
** MRHAB-T indicators include indicators that display support and resistance points.
** Background color of Long/Short-S indicators: RSI overreagy, overlooked section mark
** Background color of CCI -C indicators: When the short -term CCI line is -100 or less, when it is +100 or more,
** OBV indicators have rewritten by applying the formula to the indicators of OH92. (Thank you for this.)
(Short -term STOP Loss is a point where you can preserve or enter additional gains and losses by split transactions. It is a short -term investment perspective.)
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BUY WRX/USDT..Hi Traders, Let's break down the Technical Reasons why I am bullish on WRX for the short term and long term :
1. Recently , Bitcoin accumulation trend has shifted to bullish phase and this indicates a clear bull signs for alt coins as well.. When it comes to Alt coins ,finding and Investing in Potential coin is the Biggest
challenge.
2. I choose WRX/USDT as the potential coin because of clear buy Initiated in RSI indicator.it formed a higher lows in weekly time frame with high volume breakout, and trades above MA.
3. When it comes to (RRR) RISK REWARD RATIO. we get more than 5x profit which is higher compared to investing in BTC (at current levels).
WazirX (WRX) formed bullish Crab for upto 17% pumpHi dear friends, hope you are well and welcome to the new trade setup of WazirX ( WRX ) with Bitcoin pair.
On a 4-hr time frame, WRX has formed big bullish Crab pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade