Updated
TWO CASES for WRX
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.
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.
Note
Broken out of the falling wedge. BTC regained bullish momentum as well. Expect resistance at 3.6 to 4 since some might already take profit for having 100% gain from their 1.8 to 2 positions.Note
WRX is just following BTC's sentiment hence the pullbackNote
Still consolidating
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.