WAZIRX - WRX/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	WRXUSD
ISIN:

WAZIRX - WRX/USD - Daily - Technical analysis published on 03/25/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

44%

22%

My opinion

Bearish under 0.190000 USD

My targets

0.150000 USD (-6.25%)

0.130000 USD (-18.75%)

My analysis

WAZIRX - WRX/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.190000 USD. The next support located at 0.150000 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.130000 USD.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WAZIRX - WRX/USD rating is 0.160000 USD. On the day, this instrument gained +6.67% with the lowest point at 0.150000 USD and the highest point at 0.160000 USD. The deviation from the price is +6.67% for the low point and 0% for the high point.

0.150000

0.160000

Here is a more detailed summary of the historical variations registered by WAZIRX - WRX/USD:

Technical

Technical analysis of WAZIRX - WRX/USD in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 4 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.130000	0.160000	0.193353	0.230000	0.250000
Change (%)	-18.75%	-	+20.85%	+43.75%	+56.25%
Change	-0.030000	-	+0.033353	+0.070000	+0.090000
Level	Intermediate	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.123333	0.136667	0.143333	0.156667	0.163333	0.176667	0.183333
Camarilla	0.144500	0.146333	0.148167	0.150000	0.151833	0.153667	0.155500
Woodie	0.120000	0.135000	0.140000	0.155000	0.160000	0.175000	0.180000
Fibonacci	0.136667	0.144307	0.149027	0.156667	0.164307	0.169027	0.176667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003333	0.076667	0.123333	0.196667	0.243333	0.316667	0.363333
Camarilla	0.137000	0.148000	0.159000	0.170000	0.181000	0.192000	0.203000
Woodie	-0.010000	0.070000	0.110000	0.190000	0.230000	0.310000	0.350000
Fibonacci	0.076667	0.122507	0.150827	0.196667	0.242507	0.270827	0.316667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.080000	0.120000	0.150000	0.190000	0.220000	0.260000	0.290000
Camarilla	0.160750	0.167167	0.173583	0.180000	0.186417	0.192833	0.199250
Woodie	0.075000	0.117500	0.145000	0.187500	0.215000	0.257500	0.285000
Fibonacci	0.120000	0.146740	0.163260	0.190000	0.216740	0.233260	0.260000

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.46
MACD (12,26,9):	-0.0022
Directional Movement:	20.948295
AROON (14):	71.428571
DEMA (21):	0.182037
Parabolic SAR (0,02-0,02-0,2):	0.280000
Elder Ray (13):	-0.021975
Super Trend (3,10):	0.143467
Zig ZAG (10):	0.150000
VORTEX (21):	0.9835
Stochastique (14,3,5):	9.52
TEMA (21):	0.168847
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.070000
Repulse (5,40,3):	-20.7163
ROCnROLL:	2
TRIX (15,9):	0.0346
Courbe Coppock:	9.23

MA7:	0.178571
MA20:	0.183500
MA50:	0.181600
MA100:	0.173800
MAexp7:	0.170766
MAexp20:	0.183452
MAexp50:	0.182786
MAexp100:	0.181732
Price / MA7:	-10.40%
Price / MA20:	-12.81%
Price / MA50:	-11.89%
Price / MA100:	-7.94%
Price / MAexp7:	-6.30%
Price / MAexp20:	-12.78%
Price / MAexp50:	-12.47%
Price / MAexp100:	-11.96%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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