Let's look at Wax based on the long-term.
➖ Back in 2021, WAXPBTC grew a total of 1,643% in its bull-market phase.
The market bottom-low was hit January 2021.
➖ In February 2024, WAXPBTC produced a long-term higher low.
Higher lows tend to lead to higher highs.
👉 A higher high on this chart would equal a bullish wave of 1,976% size.
You can zoom-in to find...
Another round, easy 75%+. WAXPBTC
- The lower low only makes it stronger.
- We have rising volume and bullish divergence with the RSI.
✔️ The bullish breakout already happened...
Enjoy full moon!
Namaste.
EMA100 is always a strong indicator to look at on the daily timeframe for cryptocurrency pairs.
Here we can see how WAXPBTC challenged this level 7 times, between 14-Jan. to 1-Feb. before breaking above it.
After breaking above this major resistance which signals the medium term strength of a pair, it was tested as support.
This happened between 8-10-Feb. and...
Today WAXPBTC is moving above Sept. and May 2022 low prices after hitting a new All-Time Low.
The RSI is really strong as prices move today above EMA50.
We have a full green candle, rising volume, bullish MACD... So many bullish signals together makes it easy for me.
The total correction was -85.26%, if you remember those articles I published recently, the...
Hi dear friends, hope you are well and welcome to the new trade setup of WAX (WAXP) coin with BTC pair.
On a 2 hr time frame, WAXP has formed a bearish Shark pattern
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
WAXP/BTC possibly creating a double bottom on the weekly rejecting again from the 0.618 fib level which is acts as very strong resistance in confluence with multiple previous daily resistance now turned support.
Fundamentals are extremely bullish as well with WAXP being the most used blockchain in the world and the massive NFT and METAVERSE partnerships etc the...
Hello again.
It was impossible to follow the graphic I shared earlier due to the tag error I made.
I think the product has a long way to go. It will become stronger with new agreements and price mobility will increase.
Hodl.
We can see this test on chart - on multiple time frames this is bullish
Changes of reversal are over 50% from here (cca 70%)
May pullback again before major recovery (we can see a double top - smaller time frames)
coin info
WAX is a carbon neutral blockchain that runs on a Proof of Stake system. Meaning, we don’t need supercomputers to wage an energy-sucking...
I have never seen a formation like this !
But this is a thing of beauty.
The recent downturn just led to a massive price decline and WAXP just successfully back tested the second green bull flag before turning up decisevely !!
I wish I had not sold so early since I am left out and price runs away from me.
However I could not resist making a short post after...
