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Zrx

ZRX Conservative Bullish TradeJust spotted a Bullish Butterfly on ZRX. There is also divergence in the MACD. Advantages of this trade: A handsome Risk Reward, The Butterfly is almost to good to be true. It has very precise ratios. Extremely conservative trade. The retracement to 23.6% retracement is very likely. There is a nice W in the 1hr chart that is giving a solid base for a nice PRZ. (Potential Reversal Zone) Disadvantages: Is not alt season. Is crypto. Dump can happen anytime. Target :0.2117 (23.6% retracement level). If you want to be bit more agressive you can go for the 38.2% and even the 50% and 61.8% retracements. Perhaps you can do this by trailing your stop. Personally i rather go conservative. Stop Loss: 0.1576 (very tight) If you like the analysis, a like will be greatly appreciated. One day we will feast together. Cheers.
Long
by Robertus
1
🆓0x (ZRX) May-20 #ZRX $ZRX0.9$ and 1$ are reliable support zones that we can buy ZRX for a quick recovery up to 1.6$ and 2$ in this May. But if it dumps again and lose the 0.9$ zone, the 0.6$ zone will be the next target 📈BUY -Buy: 0.97-1.03$ -Buy: 0.88-0.92$. SL if B 📉SELL -Sell: 1.56-1.64$. SL if A -Sell: 1.95-2.05$. SL if A ♻️BACK-UP -Sell: 0.88-0.92$ if B. SL if A -Buy: 0.58-0.62$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
1
ZRX - 0x Price Idee and targetAfter the previous analysis which has been invalidated by BTC retracement we have a new bullish setup, let s recap the analysis: Rsi- pretty good, arround the middle leaving space for ZRX for growing MACD - Golden cross forming on 4H chart 3 higher highs follower by 3 higest lows confirming the bullish channel Fibbonacci - just closed 2 candels above the 0.50 zone leaving space for the new target at 0.618 zone Targets: 1.97 short term, probly gonna see ZRX at 2$ tomorrow 12/05 In the middle term the target for me is going to be 2.30$ then if by the end of the month we can consolidate above 2$ zone we might see a new ATH very soon
COINBASE:ZRXUSDLong
by Enrico_DiCensi