Singkat
WazirX Closes Below EMA10, Time For Retrace

WazirX (WRXBTC) just printed a lower high with prices closing daily below EMA10, these signals can point to an upcoming retrace.
On the chart above, I've drawn a "trendline" which can work as resistance on the way up.
If prices move up, WRXBTC needs to break this trendline in order to continue higher.
Now the tendency is lower, if prices for WRXBTC remain below this trendline, we will see a drop that will likely hit the 0.618 or 0.786 Fib. retracement support, these levels are marked on the chart.
I hope that helps.
This is not financial advice.
Namaste.
On the chart above, I've drawn a "trendline" which can work as resistance on the way up.
If prices move up, WRXBTC needs to break this trendline in order to continue higher.
Now the tendency is lower, if prices for WRXBTC remain below this trendline, we will see a drop that will likely hit the 0.618 or 0.786 Fib. retracement support, these levels are marked on the chart.
I hope that helps.
This is not financial advice.
Namaste.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.