WRXUSDT
WRX %1500 VOLUME SPIKE, DONT SLEEP!WRX is showing strong buyer interest, evidenced by a 1500% increase in daily trading volume. This surge highlights significant accumulation activity. The blue boxes on the chart mark strong demand zones, ideal for potential buy entries. These zones are areas where the price has historically attracted buyers, making them attractive levels for long positions.
Stay cautious of broader market trends and always manage risk appropriately.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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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 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.
WRXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.21 - 0.25 - ~0.29
after first target reached move ur stop to breakeven
Stop: ~0.135 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3.5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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...
#WRXBTC [ WazirX ]: Resistance Breakout on 1H chartWe've identified a Resistance Breakout on the WRX/BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
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.
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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.