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WRXUSDT trade ideas

WazirX (WRX)On the above 6-day chart price action has corrected over 90% since the sell signal in April 2021 (not shown). Now is the time to be long. Why? 1) You know why. 2) Price action and RSI resistance breakouts. 3) Multiple oscillators print bullish divergence over 120 day period. 4) Point no. (3) occurs on past resistance. Is it possible for price action to fall further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of portfolio Timeframe: Don’t know. Return: HKEX:19 / 100x
Long
by without_worries
19
WRX %1500 VOLUME SPIKE, DONT SLEEP!WRX is showing strong buyer interest, evidenced by a 1500% increase in daily trading volume. This surge highlights significant accumulation activity. The blue boxes on the chart mark strong demand zones, ideal for potential buy entries. These zones are areas where the price has historically attracted buyers, making them attractive levels for long positions. Stay cautious of broader market trends and always manage risk appropriately. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence
Long
by XU99
1
WRX ANALYSISThe previous big correction looks like an ABC with a terminal wave C that has ended and the price has entered a bullish diametric. It looks like it is now in the middle or end of wave E. If a correction is formed for the F wave, you can look for a buy/long position. The target of the red box is supply. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
WRX/USDT | 1W 👀As expected, volume came into the coin after breaking the diagonal and experiencing a slight correction, allowing the impulse to be realized. The coin is already providing a decent profit and showing good dynamics. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of WazirX. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #WazirX #Investment #WRX
by Nyskohuz
#WRX/USDT - Long - Potential 32.93%Strategy: Long Exchange: BINANCE Account: Spot Entry mode: Market order in range Invest: 2.5% Exit: • Target 2 : 0.1873 34.17% • Target 1 : 0.158 13.18% Entry: 0.1396 ⌁ 0.1396 • Current market price: 0.1396 Stop: 0.1247 (-10.67%) Technical indicators: Sustained trendline breakout, with natural resistance points as targets. Here we are basically betting on WasirX maintaining its uptrend. I think this is a fairly solid bet based on the exchange seeing a return of retail investors from its Indian base as BTC breathes life back into the crypto market. The potential risks (outside of the usual BTC breakdowns (look out for a high NFP reading in an hour or so, over 180k might strengthen the dollar against BTC) market FUD or regulatory overstep) come from the confused ownership picture. I'm fairly sure that Binance is / was running the show so there may be a sensitivity to Binance's issues in the west. The usual play, trailing SL to minimise your exposure to breakdowns. • ⎿ 24h Volume: 1294520.37259 • ⎿ Satoshis: 0.1396 • ⎿ Analysis: TradingView
Long
by CryptoNicho
WRX WazirX Price Target Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is WRX WazirX. I've set a short-term price target for WRX WazirX at $0.10. Looking forward to read your opinion about it!
Short
by TopgOptions
WRXUSDTNov 20 "As we enter the bullish season, the initial target to aim for is target : 2.0 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"
Long
by MKO_Trading
WRX quick tradeHello again! So, besides the longer charts, let's see what Fractalic one can bring to us. Few days ago I've seen BINANCE:OGUSDT forming the exact same pattern as it has shown in April, now with BINANCE:WRXUSDT i see the same formation either from July (better scenario) or June (meh but still ok). If we're at June's formation: - Quick buy at 0.102-0.103 - Sell at 0.112 Profit: 9% If we're at July's one: - Enter at 0.098-0.1 - Sell partly at 0.112 / 0.12 / 0.132 Overall profit: 17% - 32% Don't forget to use Stop Loss, however with CRYPTO:WRXUSD we're very close to the bottomish bottom of the bottom. This coin has served as a lifechanger for some giving a ridiculous 10500% in 2021. Dumped hardest 98,85%, accordingly. And still is always performing pump/dump scenarios here and there even being this low. So, let's see what will it bring to us in a longer term, too. Giving a shot that it's mostly Indian market and I believe India to hop on its exponential growth very soon, we can make that lifechanger candle great again. Potential Buy / set Take Profit in the sky / and Forget if we'll ever go to 0.08 or if we will surpass this long support line and move further to 0.05-ish.
Long
by A_I_Vision