WAX (WAXP)WAX been in a downtrend move for a while. Recently, WAXP broke the downtrend line, made a double bottom and then broke the minor downtrend line too. It seems every thing is set for an upward move. Let's see what happens.
Key stats
✴️ WAX Ready To Recover (97% To 168% Potential Mapped)We have a double low/bottom situation here as WAX (WAXPUSD) becomes ready to recover.
➖ The first low is v shaped and happened in June.
➖ The second low is 3 v's shaped (inverse h&s) and happened between August and September.
Trading volume on the day is high while WAXPUSD has been trading for day
WAXP - Falling WedgeWe are facing WAXP broking the falling wedge's border in timeframe Weekly. This is a bullish pattern and are sustained by RSI that broke downward tendency by antecipation. Also we can see Sthocastic in divergence with the price. The goal is 6X from here.
WAXPwax is going to up
maybe at april,may,june
or not
it will hit the 0.27dollor
maybe at april
or not
that what i think about waxp please don't trade consequently on that because no one knows unseen
this is just what i see
$WAXP goin down? Failure to make new highs. Volumes low. Macro pressure. Tapping support with persistence. I hold some still.
But we will see.
Love $waxp still.
Let me know what I'm missing. I appreciate your time.
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WAXP making a base for the 2nd wavebutterfly harmonic pattern:
X=$29.5
A=$0.0079
AB=0.78 XA
BC=0.88 AB
0.78 BC=$1.48
0.88 BC=$2.64
0.78 XA=$5.1
1.13 BC=$10.69
0.88 XA=$11.58
1.27 BC=$24
1.13XA=$86
1.6 BC=$175
1.27 XA=$276
1.41 XA=$860
2 BC=$1570
1.6 XA=$4757
2.24 BC=$6219
waxp/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
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