Here we have WazirX (WRXBTC) after 2.5 months of continuous bullish action.
At this point, we forget the indicators, MACD and RSI.
When we are having such strong bullish action, the indicators are always bullish.
But, notice that the EMAs and MAs are still useful.
WRXBTC is now facing resistance exactly at the EMA300 gray line.
We can also see that the MA200 black line was conquered days ago, opening the door for strong bullish action and long-term growth.
As soon as EMA300 is taking out, 0.00000806, we can see an additional 80%+ in growth.
This is not financial advice.
Remember to hit LIKE!
Thanks a lot for your support.
Namaste.
P.S. The trend can always change, make sure to have a plan before you trade.
This is not financial advice.
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