WRXUSD
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/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/USD Medium Term possible Bullish -VOLUME and RSIWRX price is on the biggest volume price all time = 0.16 USD (Blue Horizontal Line)
ATH is 6,6 USD (%97 Dropped)
TGE price was 0.02 USD (2 years ago)
I guess these prices are good for buying partially.
RSI Inconsistency D1 time
RSI Trendline at buttom
EMA 200 D1 rejected recently , i hope it will try again. If breaks there is huge potential.
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) huge RALLY coming =PI-CYCLE BOTTOM printed on chart1st PI-CYCLE TOP of WAZIRX history printed in April 2021 which led to a correction of 87.48%.
1st PI-CYCLE BOTTOM of WRX history got printed again in April of 2022. 1st PI-CYCLE BOTTOM in any coin usually leads to MASSIVE rally.
Below chart shows the RESISTANCE zones for WRX.
In below chart, we can see the HOLY GRAIL LEVEL which is at 0.880 which has to be cleared before we expect BULL RALLY in WRX.
Below chart shows SELL and BUY signals by our indicator which revels the whole picture by itself.
Everything right now is in favour of WRX except BTC on where we are expecting a BIG CRASH in coming days. If BTC remained stable, HAPPY days for WRX are here.
WRX looking bullishWazirX - WRX token looking like it wants to higher price levels. Get in the train or miss out.
In my opinion, it probably goes to the 1st tp, and maybe the 2nd also, but I doubt it goes to the 3rd unless it really pumps.
TP 1 = $2.35
TP 2 = $2.94
TP 3 = $3.27
Entry Price = Around $1.35
Stop Loss = 1.175
Comment your thoughts on it
WazirX (WRX) - November 26Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(WRXUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.74732538 point: expected to create a new wave
(1D chart)
First resistance section: near the 2.03010763 point
Second resistance section: 2.68514028-3.01265659
Support section: 1.04755868-1.37507498
You need to see if you can get support from the support zone and rise above the 1.54464450 point.
In particular, you need to see if you can move up along an uptrend channel made up of an uptrend line.
If the price is maintained above the 1.5546650 point, it is expected that the uptrend will continue.
However, the upward trend is expected to accelerate when it rises above the 1.83669659-2.03010763 section.
If it falls from the support zone, it could fall below the 0.74732538 point, so trade cautiously.
If it falls below the 0.74732538 point, it may enter the mid- to long-term investment area, so you should also think about countermeasures.
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(WRXBTC 1W Chart)
2666 Satoshi point or higher: Expected to create a new wave.
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(Binance WRXUSDT 1D Chart)
It needs to move above the 1.542 point to continue the uptrend.
If it declines from the 0.764 point, it may enter the mid- to long-term investment zone, so careful trading is required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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