WEMIX (WEMIX) - August 25
2022-08-25
Category: gaming

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(WEMIXUSDT 1W Chart)

The key is whether or not they can move higher than 3.6 from their current position.

- As the Stoch RSI is trending downward, it is important to see support above 2.81931 when it turns upward.

If not, you should make sure you are holding the price above 1.20830.



(1D chart)
The Bollinger Bands (60) are forming a bearish channel.

Therefore, to transition from a bearish channel to an uptrend channel, the price needs to rise at least 2.41638 to hold the price.


- As the RSI indicator is entering the oversold zone and the Stoch RSI indicator is showing an upward trend, a mixed trend is expected.

Therefore, it is important that the RSI finds support above 2.41638 when it breaks out of the oversold zone.

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WEMIX has not yet formed its own ecosystem.

For that reason, it is a token included in the Klaytn ecosystem.

If WEMIX becomes independent from Klaytn as a mainnet in the near future, it is expected to expand the coin ecosystem.

This coin ecosystem is expected to form a WEMIX ecosystem with many games as the P2E platform expands.

Therefore, if you want to invest in WEMIX, it is recommended to proceed with your investment from a long-term perspective.

Otherwise, it will be a difficult trade if you want to get short trade returns.


Investing from a long-term perspective would be considered a trading method in which a large amount of investment is used to make a profit by buying and holding for a long period of time.

However, not necessarily.

This is because it is quite difficult for individual investors with relatively small amounts of money to use all their funds to buy and then hold for a long period of time.

Therefore, it is necessary to escape from the pressure of funds through a certain part of the circulation of funds.

To do this, you need to buy and then sell a certain portion when the price rises to recover a certain amount of the purchase principal.

And, by increasing the number of coins (tokens) corresponding to revenue, we need to change to a permanent revenue generation model.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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