WazirX is India's largest cryptocurrency exchange which provides a platform to trade various cryptocurrencies on its website and app.
Positioned or 'Perched' atop the channel This to me is a great entry point for both the coins as seen on WRX the last time (green oval) price touched the top, it mooned. Will this repeat? I am long BTT
WRX has conquered the $ 1.1 zone and when retesting this zone, the buying power has also appeared so we can expect a strong rally to $ 1.4 and $ 2 in August. However, if WRX hits Losing the 1.1$ zone, it will fall to the 0.9$ area 📈BUY 🔴Buy : 1.07-1.13$. SL if B 🔴Buy : 1.37-1.43$ if A. SL if B 📉SELL 🔴Sell : 1.37-1.43$. SL if A 🔴Sell : 1.95-2.05$. SL if...
WRX is currently too weak to conquer the $1.6 zone, so it is highly likely that it will have a strong correction to the $1.2 zone before recovering to the $1.6, $2 and $2.4 zone in June and early July. However, if it loses 1.2$ zone, it is very dangerous because it will easily fall to 0.8$ or even 0.2$ by the end of June. 📈BUY 🔴Buy : 1.17-1.23$ if A. SL if B 🔴Buy...
It is likely to climb to the $ 10 range in the next few months with support at 62 cents
WRXUSDT - Fresh Breakout - Added further for target of 2.20 and higher
WazirX is witnessing gradual accumulation from the lower support level, and any break over the resistance of 1.19 shall trigger fresh move towards the $1.35/1.54 in the short term. 9, 21 & 50 H SMA gave a bullish crossover hints strong recovery. Stops below 0.90.
I might regret this for I sold BNB to ride WRX vs BTC. WRX is -60% from it's earlier ATH vs USD. Unlike my friend Master Yoda who's setting high hopes on this, I am setting a 40% exit target in consideration of BTC gaining dominance any day in the coming weeks. Blue line is my entry Green line is my exit Do you think I'll regret selling BNB for WRX? Or did I do...
WRX pumped so high so fast few weeks ago… now it’s retrieved 60% back and been consolidating. WRX bounced off 50D EMA vs both BTC and USD in a matching chart pattern. The RSI and MACD are signaling a reversal. If it does, get ready for it to retest its ATH. If you have a different point of view, feel free to share your insight.
hey there this is my setup for buying wrx BUY: between 2.33 - 2.42 target: +3$ stop: 2.12
WRX/USDT Price is currently at Support, Market has been consolidating for a while (GREEN box) Expecting a strong leg up soon. Trade Long for a Target at the Resistance line. Also, Forming Hammer CandleStick Pattern Forming & Ascending Triangle Breakout Confirmed ENTRY AND TP FOR WRX/USDT PAIR 🛒Entry 1 - 2.50$(40%) 🛒Entry 2 - 2.30$(30%) 🛒Entry 3 - 2.00$(30%) 🎯...
Looking at this daily chart it appears that WRX is reaching a critical area of consolidation and a break out seems likely. If we break up I'll be expecting a new all time high. Owhooooo!
If it doesn't break out from the falling wedge, expect the price to go down further back to 1.8-2 level especially since BTC is currently in bearish sentiments. However, if it regains bullish momentum, expect it to go back to 4$ level. For pump, it might go back to test the current all time-high at 6 - 6.7 level.
WAZIR X MARKET ANALYSIS 27.4.21
Bulls remain unfazed by the sudden drop yesterday. Got supported by 2.6-2.8 level and is now at 3.2 level at the time of writing. WATCH OUT FOR THE movement on the descending channel at the shorter term and take caution on the descending triangle as well for the medium term trend. TP 1 4-4.6 TP 2 6-6.6 TP3 10