WAZIRX - WRX/USD

- USD (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	WRXUSD
ISIN:

WAZIRX - WRX/USD - Daily - Technical analysis published on 06/03/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

39%

17%

44%

My opinion

Neutral between 0.126667 USD and 0.153333 USD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on WAZIRX - WRX/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 0.126667 USD. The first resistance is located at 0.153333 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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.

Additional analysis

Quotes

WAZIRX - WRX/USD rating 0.130000 USD. The price registered an increase of +18.18% on the session with the lowest point at 0.110000 USD and the highest point at 0.130000 USD. The deviation from the price is +18.18% for the low point and 0% for the high point.

0.110000

0.130000

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

Technical

Technical analysis of this Daily chart of WAZIRX - WRX/USD indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S1	R1	Price	R2	R3
ProTrendLines	0.100000	0.130000	0.130000	0.160000	0.210000
Change (%)	-23.08%	0%	-	+23.08%	+61.54%
Change	-0.030000	0	-	+0.030000	+0.080000
Level	Intermediate	Minor	-	Intermediate	Intermediate

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	0.070000	0.090000	0.100000	0.120000	0.130000	0.150000	0.160000
Camarilla	0.101750	0.104500	0.107250	0.110000	0.112750	0.115500	0.118250
Woodie	0.065000	0.087500	0.095000	0.117500	0.125000	0.147500	0.155000
Fibonacci	0.090000	0.101460	0.108540	0.120000	0.131460	0.138540	0.150000

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.053333	0.076667	0.103333	0.126667	0.153333	0.176667	0.203333
Camarilla	0.116250	0.120833	0.125417	0.130000	0.134583	0.139167	0.143750
Woodie	0.055000	0.077500	0.105000	0.127500	0.155000	0.177500	0.205000
Fibonacci	0.076667	0.095767	0.107567	0.126667	0.145767	0.157567	0.176667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.033333	0.066667	0.093333	0.126667	0.153333	0.186667	0.213333
Camarilla	0.103500	0.109000	0.114500	0.120000	0.125500	0.131000	0.136500
Woodie	0.030000	0.065000	0.090000	0.125000	0.150000	0.185000	0.210000
Fibonacci	0.066667	0.089587	0.103747	0.126667	0.149587	0.163747	0.186667

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.03
MACD (12,26,9):	-0.0021
Directional Movement:	4.112294
AROON (14):	50.000000
DEMA (21):	0.113412
Parabolic SAR (0,02-0,02-0,2):	0.148000
Elder Ray (13):	-0.002410
Super Trend (3,10):	0.179573
Zig ZAG (10):	0.120000
VORTEX (21):	1.0175
Stochastique (14,3,5):	26.67
TEMA (21):	0.119785
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	0.020000
Repulse (5,40,3):	-16.8094
ROCnROLL:	-1
TRIX (15,9):	-0.4777
Courbe Coppock:	33.29

MA7:	0.120000
MA20:	0.113000
MA50:	0.130000
MA100:	0.156500
MAexp7:	0.117960
MAexp20:	0.117854
MAexp50:	0.130088
MAexp100:	0.146333
Price / MA7:	+8.33%
Price / MA20:	+15.04%
Price / MA50:	-0%
Price / MA100:	-16.93%
Price / MAexp7:	+10.21%
Price / MAexp20:	+10.31%
Price / MAexp50:	-0.07%
Price / MAexp100:	-11.16%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15749

Number of analyses :

92796

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…