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.
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 days above EMA50.
This means that a strong bullish bias is in...
We 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.
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.
Hey P2E Community !
The following is a bit of Non Fungible Drugs Game Assistance. This doc was created after learning that many NFD users may require more than 1 UI when tracking crypto data for DEALS .
Here is a one-stop shop to track your NFD Strains . At anytime you can create a FREE tradingview account and track each of the strains using the links...
The Worldwide Asset eXchange™ (WAX) is the world's most proven and eco-friendly blockchain for NFTs, video games and collectibles.
WAX provides everything a brand needs to launch a successful NFT collection — from games and dApps to exchanges, digital marketplaces and more.
WAX is a carbon neutral blockchain that runs on a Proof of Stake system. Meaning, we don’t...
Ladies and Gentlemen I present to you
"The Cappucino Pattern", a brand new chart formation
$WAXP will bring immense rewards for those which appreciate quality
I hope you found the idea interesting:)
WAXP just broke out from a looooooong consolidation.
So we don't have enough data to set out trade setups, but here is what I think might be important.
There's a ATH Resistance which might be touched again and it's pretty strong.
There a local resistance which isn't as strong but might be a key area for your positions.
There's support which can hold the price up...
Just bought some wax, inverse the fib on that B*tch.
- Rich Boy
I'm looking at a safe buy in at .08. It could drop more, but whateva.
Right now its all a buy under .15
When muds/topps merge finish NFT and Wax is going to be YUGE.
not financial advice, but a concentrate dream. Hittin the rig too hard and WAX speaks.
Most Crypto is following big daddy BTC.
WAX is doing its thing too. Wedge on the 3 month pointing to action around June 10. Just like BTC and most other cryptos, these consolidations patterns are pointing to dates around June 10 for movement.
Fib numbers from this last drop show WAX is trading under the .38 level which all this area signals buys. I love sub...
Hi,
Looking at WAX we can see its managed to get back above the 200 EMA on the daily by bouncing off the bottom channel. Looking at the overall market at the moment I don't see it coming out of the channel any time soon, but time will tell.
We can see also on the RSI and MACD that a current downtrend is in effect for now.
Targets around 0.24c/when it hits the...
