A bounce back is imminent for ZRX.
Updated
#ZRX/USDT #Analysis
Description
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+ The price is heading towards the support zone after reaching a local high.
+ The price is expected to consolidate in this support zone and bounce back from it. It's highly unlikely that the price will go lower than this.
+ If the price bounces back from this support, we can expect it to reach the previous ATH in this bull run.
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VectorAlgo Trade Details
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Entry Price: 0.2959 - 0.3224
Stop Loss: 0.2461
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Target 1: 0.3889
Target 2: 0.5293
Target 3: 0.7136
Target 4: 1.1567
Target 5: 1.6046
Target 6: 2.0365
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ The price is heading towards the support zone after reaching a local high.
+ The price is expected to consolidate in this support zone and bounce back from it. It's highly unlikely that the price will go lower than this.
+ If the price bounces back from this support, we can expect it to reach the previous ATH in this bull run.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.2959 - 0.3224
Stop Loss: 0.2461
------------------------------
Target 1: 0.3889
Target 2: 0.5293
Target 3: 0.7136
Target 4: 1.1567
Target 5: 1.6046
Target 6: 2.0365
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Note
candle has retracted, if you entered at our entry price, you should be in good profit now. NOTE: This is a long term trade.
Note
Price is bouncing back nicely.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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