On 1 Feb 2023 Indian FM Will Talk on Crypto Regulations.......On 1st Feb Indian Finance Minister Nirmala Sitharaman is going to announce budget of India. I am expecting that she will definitely talk about crypto regulations in India.
As Wazirx is leading exchange in india right now, if something positive is for indian crypto community then WRX coin and other well reputed indian tokens will pump hard on tht day. So lets trade this upcoming new
This trade is completely based on news, if something unfavorable news comes WRX will dump too...
Wrxusdtshort
WAZIRX (WRX) huge RALLY coming =PI-CYCLE BOTTOM printed on chart1st PI-CYCLE TOP of WAZIRX history printed in April 2021 which led to a correction of 87.48%.
1st PI-CYCLE BOTTOM of WRX history got printed again in April of 2022. 1st PI-CYCLE BOTTOM in any coin usually leads to MASSIVE rally.
Below chart shows the RESISTANCE zones for WRX.
In below chart, we can see the HOLY GRAIL LEVEL which is at 0.880 which has to be cleared before we expect BULL RALLY in WRX.
Below chart shows SELL and BUY signals by our indicator which revels the whole picture by itself.
Everything right now is in favour of WRX except BTC on where we are expecting a BIG CRASH in coming days. If BTC remained stable, HAPPY days for WRX are here.
WRXBTC - WRXUSDENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
70% dump is coming in WRXWRX is having the same pump like DOGE, and it will be crashing same like DOGE, so look for 70% dump in WRX.
WRX/BTC (Longer Consolidation?)BINANCE: WRXBTC
-WRX has been trading inside a long descending channel
-It started last March blow-off top at 2500 sat
-Since then, only a series of Lower Highs and Lower Lows
-This is Bearish in terms of price action
-The good side though is we have a Bullish RSI divergence
-Which is a sign of weakness of selling pressure
-Also, WRX is now trading at previous support area last Feb
-WRX must defend the 800 sat area and try to build a support
-If we see more reversal signs, I think this coin has good RR
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WRX/BTC (Trendline Resistance)WRX/BTC
-Since the break of the key support area
-The price drop almost -20% below
-Its new temporary bottom is set at 1042 sat
-If WRX unable to break the downward trendline
-it is likely to retest the recent Low
-And potentially form a double bottom reversal
-Aggressive Buyers are waiting for a retest
-While breakout Traders are awaiting the trendline break
-Please digest your trading plan and risk appetite
-Before opening a position
WRX/BTC (Broke Daily Key Support)WRX/BTC
-Broke key daily support at 1264 sat area
-There is no logical support until 900 sat range
-This is looking bearish in the midterm action
-I recommend not to catch a fallen knife during the fresh breakdown
-Wait for the price to consolidate at key areas
-Look for any Bullish signs that the market will reverse
-Avoid trading using High leverage
WRX/BTC (Bulls Holding Support, But Can Break Higher?)WRX/BTC
-failed to break 1600s resistance
-price action is back inside the resistance box
-the bullish side is, still maintaining the higher low at the 1400s
-we have a potential triple bottom reversal
-only open a buy order if we close above the 1550s
-target the top resistance area between 1900-2200
-and our stoploss is below the 1410s
#WRX/BTC Best investment for long term.ALTCOINS may be pretty tough to choose these days.
You never know how much they can fall.
But If you choose the right one for the right term you'll be highly rewarded.
This is what I've learnt from my experience.
IMO WRX is best buy under 1400 to 1600 region.
WAZIRX is a token of its own exchange which is one the largest exchange of India a country with the second largest population and crypto got a green flag from their governement recently.
So fundamentally it's a good long term investment just BNB is for Binance.
Technically its trading under a falling wedge channel which is bullish in nature since the last 1 month.
We may see a breakout soon. RSI is in oversold area might see buyes coming in soon.
I have my 5% of Alt portfolio in this coin and buy more as it goes down.
Long term we can expect as high as 5x returns in the next 1 to 2 years.
Currently I've plotted the short term Targets and accumulation Range in the Chart.
TARGETS:
1.1776
2.1983
3.2088
4.2252
Period: Mid -Term.
If you like my ideas please hit the LIKE BUTTON and follow me for such updates.
#PEACE
#WRX/BTC Ready to pump 50% + Potential GrowthSorry guys for not being active since the last few days. Had some issues with the system.
In my last update I expected WRX to come down to these buy levels. Didn't expected it to come below 1450 but it's fine you got some discount don't you?
Now the chart looks extremely bullish and expecting it to START A POSITIVE RALLY SOON breaking all the resistances.
Indicators like RSI is oversold, MACD is bullish.
SUPPORT and BUY Range: 1340 to 1420
Target: 50%+.
WazirX An opportunity to climb again Please support this idea by pressing the like button
Entry Between : 0.00001631 - 0.00001522
Target 1 : 0.00001780
Target 2 : 0.00001784
Target 3 : 0.00002086
Target 4 : 0.00002237
Target 5 : 0.00002562
Stop loss : 0.00001478
Risk/Reward : 6%/65%
WRX +300% VIP Call
