Cryptos 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.
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.
Trade active:
WAXP jumped to almost .056 before retreating to .05 right now. The broader crypto market likely pushed this along.