OxBTC (ZRX) potential 26% gain.
Updated
Binance:OxBTC
I took a massive hit on this one before but it is part of the game and I learned alot because of taking some of its trade.
Green broken lines are 4hr time frame
Yellow straight lines are daily time frame
Red lines for stop losses
Potential Entry:
0.00015213 - 15555
Stop loss at:
0.00014610 (-5.81%)
Targets:
1st = 0.00017898 (+15.20%)
2nd = 0.00019587 (+26%)
Analysis:
RSI: 42.7
MacD: Far away from crossing over so wait is needed
Pullback is needed for this coin because it is already had a big run.
I'm a fan of short term trades but this one is different, Low risk is priority.
Trade at your own risk :)
I took a massive hit on this one before but it is part of the game and I learned alot because of taking some of its trade.
Green broken lines are 4hr time frame
Yellow straight lines are daily time frame
Red lines for stop losses
Potential Entry:
0.00015213 - 15555
Stop loss at:
0.00014610 (-5.81%)
Targets:
1st = 0.00017898 (+15.20%)
2nd = 0.00019587 (+26%)
Analysis:
RSI: 42.7
MacD: Far away from crossing over so wait is needed
Pullback is needed for this coin because it is already had a big run.
I'm a fan of short term trades but this one is different, Low risk is priority.
Trade at your own risk :)
Note
Patiently waiting for reversal confirmation so we can enter the trade , however, i will put a buy order on 0.00015213 because it is at daily support and will risk a little portion only.Note
Are we seeing a bullish engulfing candle at 1hr time frame? Let’s see if this will have a run .
My trade is now active with stop loss at 0.00014610.
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We just need to close our 4hr candle above 0.00016062 and we can say we are confirmed bullish on this chart!
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Alright! We closed above 16062 satts and now we are just waiting for volume for the run!Note
There is a big chance that we are having a double bottom on 1hr time frame, Let's see when the candle close at 4hr candle.
RSI is good because we currently oversold
MACD is far a way from crossing but anything can happen right now.
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On 1hr time frame , I'm seeing a Double Bottom and a Bullish Engulfing.
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We are having symmetrical triangle , Decision is near.
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Bullish it is!
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Alright, Some price action!
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Targets: 1st =**** 0.00017898 (+15.20%) **** Target reached May-20-2018
2nd = 0.00019587 (+26%)
Note
Looking for a good entry from this view :)
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Forming a bullish pennant. Has big chance to shot up again.
Trade closed: stop reached
Trade closing , already hit the stop loss before reaching the pump! Thanks for checking guys!
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