What to buy after BTC bounce?
Updated
Here we have a coin that is coping very well with he BTC falling it has enough momentum for lift off, it broke out around a week ago and you can see its now currently consolidating In its channel, it nearly broke out again earlier today but was held back by the BTC.
This coin here will be 1 of the first but also 1 of many that will break out nicely after the BTC finds solid support or gives us a nice reversal bounce.
Be ready for the bounce as once you buy back into BTC, or maybe you already have you will need to get that BTC straight to work and making you some returns. This coin is certainly worth a loo in for that.
ZRX has had gradual volume increases today and you will see the RSI running around 48 on the 4H this is a strong momentum indicator telling us we will break high.
Please view the weekly chart also as we look good along with the daily.
I will be posting one other coin that will also be a good buy shortly.
This coin has been chosen as it will break high according to chart but we will trade this coin, I mentioned on my BTC post earlier alts you want to buy bags of for long holds..... to find these just search coins that are at bottoms from November 2017 or lower then ensure that its a half decent coin with good history and that will be your coin for holding.
Targets are the green dotted lines, the channel of consolidation is between the red and green solid lines.
ZRX this coin is here for us to buy, trade, make cash and SELL.
Cash Is King!
This coin here will be 1 of the first but also 1 of many that will break out nicely after the BTC finds solid support or gives us a nice reversal bounce.
Be ready for the bounce as once you buy back into BTC, or maybe you already have you will need to get that BTC straight to work and making you some returns. This coin is certainly worth a loo in for that.
ZRX has had gradual volume increases today and you will see the RSI running around 48 on the 4H this is a strong momentum indicator telling us we will break high.
Please view the weekly chart also as we look good along with the daily.
I will be posting one other coin that will also be a good buy shortly.
This coin has been chosen as it will break high according to chart but we will trade this coin, I mentioned on my BTC post earlier alts you want to buy bags of for long holds..... to find these just search coins that are at bottoms from November 2017 or lower then ensure that its a half decent coin with good history and that will be your coin for holding.
Targets are the green dotted lines, the channel of consolidation is between the red and green solid lines.
ZRX this coin is here for us to buy, trade, make cash and SELL.
Cash Is King!
Note
ZRX is starting to move nicely if it breaks the channel we will see big resultsNote
If we close over the channel on this candle we can see some big moves from ZRX as mentioned above at the moment this coin is looking very good.Note
You can see ZRX from another perspective here and it has broke formation but just resting on the top, it may see a larger break towards to apex.This trade has strong indicators with plenty of room to move up.
Note
Targets reached, now ZRX had a breakout due to some fundamental Information that was released.This is a bonus as we hit targets sold out at a profit and now we will see the same set up again.
This coin still looks very good on the chart and I expect we can hit these targets again, I will be leaving this trade open for further updates.
Note
ZRX looking very strong just needs volume to support next move currently indicators are telling us to buckle up and be ready.When volume returns we will see a strong move, this won't be far away.
Note
Looking great on ZRX lets we hit the targets once and as I mentioned this chart tells us we will hit them again.Note
ZRX looking stable and moving to next targetNote
All targets reached, this coin still looks very strong but expect a small retrace and some consolidation before the next move.Note
All targets reached still looking strong take profit
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