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WRX

#WRX/BTC Buy Zones+ MID+Term TargetsWelcome to this quick Analysis. WRX Broke down below the long term support trendline of the Triangle since its listing. 200D MA acted as a support so far. The daily fib levels are good levels to buy in if you're looking into it. Break above the Red Resistance trendline will confirm the possibility of new ATH (In BTC pair) for WRX. Besides it looks like we will be trading under a small falling wedge pattern which is basically a bullish pattern break above this wedge will alsonconfirm the uptrend. So this is also important to keep in mind that if the price breaks above this wedge+red trendline resistance we can buy back in even if all the bids aren't filled. Currently I hold a decent amount of WRXX in my portfolio and placed more buy bids at the following levels: Entry: 1. 1775 2. 1755 3. 1725 4. 1670 5. 1590 Targets: 1. 1970 2. 2230 3. 2460 4. 2575 5. Hold 20% Position for the long term. Stop Loss: I don't recommend a stop loss, this is a potential coin and accumulating in the dips would be the best Idea IMO. If you you like this idea please hit that like button and share your thoughts, comments, ideas in the comment section. We're here to learn together. #PEACE
WLong
by Cryptorphic
3
WazirX Closes Below EMA10, Time For RetraceWazirX (WRXBTC) just printed a lower high with prices closing daily below EMA10, these signals can point to an upcoming retrace. On the chart above, I've drawn a "trendline" which can work as resistance on the way up. If prices move up, WRXBTC needs to break this trendline in order to continue higher. Now the tendency is lower, if prices for WRXBTC remain below this trendline, we will see a drop that will likely hit the 0.618 or 0.786 Fib. retracement support, these levels are marked on the chart. I hope that helps. This is not financial advice. Namaste.
WShort
by AlanSantana
5
WRX / BTC — Trade Plan for WeekendHello guys! Looking for entry in wrxbtc. I know we all want to the moon for this coins. If you hold for long term, I advice to revise your positions. Keep the strategy simple. Interesting zone to see sell orders at 2000 and 1900 Entry at 1750. SL below entry is required. Remember the risks If you following somebody with good Risk/Reward and Win Ratio. Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor. Please don’t follow any analyst blindly on this website. Always use stop loss to prevent yourself from losses. Make sure you understand and afford the risk. Please. ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊 Stay tuned to Artem Crypto
WLong
by ArShevelev
7
😬 MY BEARISH MOOD CONTINUES 🤓HEY, GUYS!😘😘😘 What are you doing with WRX? Are you like it?💥 This chart looks very clear! I hope my idea works out well! ⚡💥I generally got the idea: to make short videos in which I could tell people how to find different figures of technical analysis on the chart.💥⚡ I know, that among my subscribers, people who don't post charts, but simply watch. Perhaps it will be useful for their. If you are interested in my idea, like me and write about it in the comments❤❤❤ Stay with me!❤ Your Rocket Bomb 🚀💣
WShort
by RocketBomb
14
WRX token | 40+ % Target | RR 1:2Hey everyone, first of all please ensure safety of you and your family from Covid-19. Follow the measures taken by the Govt. So now straight to the point. In this analysis i used Fibo levels for target as well as for StopLoss and WRX is generating high volumes which is good. This setup offers us 1:2 Risk to Reward ratio. If this idea seems good or matched your views, you are good to go. Best of luck Traders and keep supporting by giving a like to the work. You can checkout my other works below.
Long
by TradersKeepTrading