It is forming Bearish Flag pattern in 1 hr time frame and support leves are given in chart and you can accumulate at support levels because its burn event is coming in this month...If you guys like my work then follow me
WRX is already in Accumulation Zone. Good Momentum Expected.
Target 1 : 1.3
Target 2 : 1.6
Target 3 : 1.9
Target 4 : 2.4
Target 5 : 2.8
Target 5 : 3.3
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Stocks/Cryptos long term holding Only.
I'll go through WRX Coin Price Prediction. I Perform a technical analysis on wrx across several time frames with best intraday indicators using exponential moving average (EMA) and Relative strength index (RSI) Indicator.
WRX will breakout soon head and shoulder pattern.
WazirX recently launched NFT and another major positive news that making headline is circular released by Reserve Bank of India (RBI) to allow banks to corporate with the customer who willing to invest in crypto currency’s, recently Indian banks refused to allow payments for crypto related transactions but RBI circular set a positive sign for crypto investor in...
WRX token had been severely undervalued at 57 and a bounce back was inevitable. Currently it went up by 140% and tried to breakout from the trendline. If its successful, it might be time for next leg up. Otherwise, as RSI is overbought as well, it might fall a little to increase again next time.
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
I use shorthands for my trades.
"Positional" - means You...