BARSTrading

WAXPUSDT 1 HOUR

BARSTrading מעודכן   
BINANCE:WAXPUSDT   WAXP / TetherUS
Breaking resistance line coming from launch date on Binance. Good chance we will see a quick rise to 0.36, however, if it is completing the cup and handle then we should expect a retest downwards and MUST HOLD AS SUPPORT --- > This is drawn out as the long position path.

Short position:
We need to hold 0.32 support or else it will fail down to 0.28.

Volume:
Volume is indicated a dying trend for the bearish market, and now it slowly picked up volume as the price has been rising. This indicates a trend change, however, it is not a strong trend change. It is still a weak trend, it simple shifted from bear - > bull. Depending on the break, we will watch volume to see strong trend changes

RSI on 4 hr is still below 70 so we have a good set up,
הערה:
Both targets hit on the bull path. Waiting for third leg up.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.