A dream denoting an unstable character, doubt on the part of the dreamer (Gypsy). Also, click to see other meanings of this dream.Wax Time; see “candle”Wax 1. Candle with wax dripping may be a phallic symbol. 2. Candle with wax dripping may also indicate the passage of time.Wax Symbolic of a faint heart, Ps 22:14Wax-Candle To dream of one denotes a birth; many, a death (Gypsy).