WAXBTC
Looking at WAX on the daily chart
Willy just came out of stupid testing the -50 line. Break up and we have a bullish signal, reject the -50 and we come back down.
Histogram looking nice and healthy and recently firing off a bullish div
OBV looking very nice and healthy with positive money flow coming into the asset (People are accumulating)
Bulls stepped in around the 20th of July stepping in with big volume. Someone wants to protect this level.
Looking at that massive wick left in December last year which needs to be eaten. Ive done a swing high to swing low to setup some profit taking targets on the 382 and 618.
VPVR looks to be nice and full so we should be ready to rock and roll.
Stop loss will be tight at the previous low is last support.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Willy just came out of stupid testing the -50 line. Break up and we have a bullish signal, reject the -50 and we come back down.
Histogram looking nice and healthy and recently firing off a bullish div
OBV looking very nice and healthy with positive money flow coming into the asset (People are accumulating)
Bulls stepped in around the 20th of July stepping in with big volume. Someone wants to protect this level.
Looking at that massive wick left in December last year which needs to be eaten. Ive done a swing high to swing low to setup some profit taking targets on the 382 and 618.
VPVR looks to be nice and full so we should be ready to rock and roll.
Stop loss will be tight at the previous low is last support.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
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