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WRXUSDT

#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
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