WAXPUSDT trade ideas
WAXPUSDT 1 HOUR Breaking resistance line coming from launch date on Binance. Good chance we will see a quick rise to 0.36, however, if it is completing the cup and handle then we should expect a retest downwards and MUST HOLD AS SUPPORT --- > This is drawn out as the long position path.
Short position:
We need to hold 0.32 support or else it will fail down to 0.28.
Volume:
Volume is indicated a dying trend for the bearish market, and now it slowly picked up volume as the price has been rising. This indicates a trend change, however, it is not a strong trend change. It is still a weak trend, it simple shifted from bear - > bull. Depending on the break, we will watch volume to see strong trend changes
RSI on 4 hr is still below 70 so we have a good set up,
WAXP/USDT { WAX } - BULLISH SETUPANALYSIS 🔎
- WAXP/USDT has been resisted by the short term descending trendline resistance.
- Price is testing the descending trendline resistance.
- After some breakout attempts, we could be on the verge of a successful breakout above the descending trendline resistance.
- Key horizontal resistance levels have been indicated on the chart.
- If a successful breakout is achieved, the horizontal resistance levels can be used as your take profit targets.
- Draw your lines and watch.
Eğlence 🥂
WAXPUSDTsee and watch :)
The currency seems to be very good for mid-term and long-term investment...
Market Cap : Approximately $ 400 million
Rank #147
WAXP/USDT { WAX } - BULLISH SETUPANALYSIS 🔎
- WAXP/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetrical triangle's inclined resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.4150).
- Horizontal resistance level (@0.4250).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
WAXP is my favorite WAX coin is now one of my favorite coin in the gaming and NFT place
i do believe this coin will go big in the next weeks as NFT trend is going up
check this coin up and have a look into it
a very interesting project for real
please share your thoughts an opinion
thank you
WAXP - Target 160% Profit (1H)WAXP - Target 160% Profit (1H) . All in one to one HIT
Buy and Waiting Plz.....
This my amazing ideal. Do you think???
WAXUsdt little come bottom and going upwax come bottom and start going up
but this coin have potential for big candle so you need pick good taregts for dont miss that
GL
supports:
0.177660 >>>Entry Point
0.165742 >>> Sec Entry Point
white Trend Resistanc eline in chart you attention
Resstance:
0.194000
Taregts :
0.215733
0.284413
0.404372
For HODL:
0.632723
0.799039
gl guys
WAXP##########################################################################################
DISCLAIMER: This is NOT FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
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Will WAX bounce from here?Looks like the cup and handle failed spectacularly but now it appears WAX has completed a flat ABC correction wave. It needs to go up from here otherwise it will be alot more pain for WAX holders.
Huge cup and handle pattern Looking very bullish for WAX in the longterm right now. It may head down a bit in the short term to complete an ABC correction but longterm, it's looking very solid.
WAXP -- Interesting trade because of NFTHi Friends !
WAXP broke the 3rd resistance. I was hoping that price will come down from this level but price broke this level and started going up.
The reason because of NFT.
This is going to start the parabolic run within 2 weeks. That i hope.
We all know that NFT is quite hot topic.
ATH is showing 5 USD at coinmarketcap. it is easy to have 10 times more at least.
Please keep this on radar, it can give you good profit.
Hilsen
Btschamp2020
WAXP is NextCryptos have been breaking out lately, and WAXP looks to be next.
Looking at the recent series of higher lows following a long period of consolidation makes a strong case for a bullish breakout. Many other cryptos have been exploding to the extreme Fib 261.8 line, so I'm biasing my take-profit down from that in anticipation for that happening.
I'm in at the cyan line just a small amount.
