WAX looking good here, looking for a strong break out of the triangle with a retest of 0.22c
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...
We have an inverted head and shoulders forming on wax. Also following the 3 month pitchfork trendlines nicely. Entry set at .1987 .17 and .15 (to see if luck happens) Then holding for a minute. Good buy under .20 not financial advice. I live in a fantasy.
Hey Humair, here is the update! We are looking at testing the 38% as support still. we simply need to wait for candle coloses to confirm structure as support and 4H environment to turn bullish before we can look for entries. Keep the Stoploss tight to safe guard your downside.
WAXP is showing a rounded bottom that, if all goes well, may turn into a cup and handle formation, signaling a possible continuation in it's bullish run. I am going to wait until the handle completes. The volume on the rounded bottom seems to be tracking but I would've like to have seen it slightly higher on it's run up the right side of the formation. I am going...
Upland the weird explorer game on iOS App Store already has a MASSIVE following due to the NFT craze. Today they announced a NFT trading card sale will happen in three days with this specific crypto. Expect it to go above rsi before correcting. Disclosure. Own opinion. Own 282 “coins”. Use own judgement.
I have been wrong on these diamond reversals before, so I can't stress enough that it isn't a formation until it's formed. You aren't being slick by buying on what you think is "the low end of the right shoulder" or some stupid shit like that. Wait. Buy the breakout. Twit. ***That above chastisement was solely for me** Ok, so IF this completes it's formation,...
Thanks again Aqua Hydro Man! We are testing the 38% fib as support on the moment with heavy sideways consolidation on a daily. we need to see a break and test on the days before we consider trading otherwise expect a drop and potentially a fall to the 88% fib which is the next major structural level.
Its looking positive as the channel is holding strong. Waxp wants to break out upside. Its just a matter of hours or days.
WAXP just finished a rounded bottom formation. I am putting my target to around .24, but it has a much higher potential. Good luck
WAX has recently gained popularity due to a partnership with Topps and the successful launch of Garbage Pail Kids on the WAX blockchain (an EOS side/sister chain). Price left the $0.048 level in a big way and has doubled in value in about a few days. WAXP/USD is currently trading around $0.08. If price approaches demand at $0.048 I will be placing a buy...