WAXP — Classic Accumulation Phase or Another Fakeout?📉 Technical Overview:
WAXP continues to move within a well-defined downward channel, with the price having dropped by roughly 98% from its peak.
Currently, it's forming a falling wedge pattern, and the price is approaching the upper boundary — often a zone of breakout potential.
💡 Key Point:
We’re
WAXPUSDT.PI am personally short biasd as per the situation but still i have marked the reversals zone if the market breakout the channel the zones for reversal has been mentioned.
The short positions i will enter after the channel breakdown and retesting with bearish candles in other case i will wait and loo
#WAXP (SPOT) entry ( 0.03500- 0.04100)T.(0.33000) SL(0.03413)BINANCE:WAXPUSDT
#WAXP/ USDT
Entry ( 0.03500- 0.04100)
SL 1D close below 0.03413
T1 0.06100
T2 0.09600
T3 0.17000
T4 0.23000
T5 0.33000
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.