Zrx
ZRX and all alts about to rise up within the week!Looking at the 5 day. Looks like we have some decent support at the 200MA. The Macd also looks like its bottoming out and about to turn around. Also the chande momentum oscilator looks like its pointing back up! Hopefully we see a nice little bull run next week!!
ZRXHello Friends,
ZRX made a falling wedge and when it breaks the resistance line of the wedge it can test the previous trendline. You can see the details on my chart.
ZRX Bull Flag LongNice clean bull Flag stucture formed on ZRX. Currently Ranging but making higher lows towards the resistance and most likely going to break through if Bitcoin doesnt take a shit.
Trade Safe.
Long - ZRXLong
Reasoning,
Settled 2h Demand (blue box) confluent supports on VPVR,
Place bids: 1,06 / 1,03
Invalidation point: 0,97
Ox (ZRX) formed a big bullish Butterfly for upto 260% big moveHi dear friends, hope you are well and welcome to the new update on Ox (ZRX) token.
On the 4-day chart, the price action of the ZRX has completed the bullish Butterfly pattern. There is also 100 simple moving average support in the buying zone and the 200 SMA below this zone.
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.
0xBTC Affection for .236Continually being rejected at the 2.36 Fib line!
Hopium is being absorbed for the next pump from the apparent support area
This is the BTC pair for ZRX
🆓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
ZRX hasn't been ready yetZRX is within a upward W-X-Y pattern (at least) which waves W and X were completed but Y hasn't been started yet.
So after completing the correction now it's within it, wave Y will be started.
But please care that I think with high probability the correction will be longer than it shows. Thus every upward movement shouldn't be considered as a uptrend.
$ZRX. Looks to be tradeable.ZRX is in a good support region. Look for the control lines to take profits. Or else just use this as an excuse to go long ZRX and see what happens if you don’t enjoy sitting around all day and waiting for a breakout.
Zrx / BtcLong term view. Currently attempting breakout from HTF resistances. Turn that resistance into support for the weekly close and it might be moon time.
I like the look of the 1.618 as a target but we'll see what happens.. I'm aware that btc is looking at breaking out of its range, with a target of $75k, that could ruin some alt setups if it does.
ZRX - 0x Price Idee and targetAfter the previous analysis which has been invalidated by BTC retracement we have a new bullish setup, let s recap the analysis:
Rsi- pretty good, arround the middle leaving space for ZRX for growing
MACD - Golden cross forming on 4H chart
3 higher highs follower by 3 higest lows confirming the bullish channel
Fibbonacci - just closed 2 candels above the 0.50 zone leaving space for the new target at 0.618 zone
Targets: 1.97 short term, probly gonna see ZRX at 2$ 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
ZRXUSDT. $ZRX. Fibonacci Extensions.I mistakenly did an analysis on $OXT thinking it was $ZXT. Obviously my analysis summary is to buy. Crypto is hot right now. I shouldn't feel bad for making money off the markets.
Anyway this was a fun chance to use some fib extensions. It's not often you get to use the 2.6 and higher. Another reason crypto has been such a treat. That makes a target of 4.7. That would be ok with me.
ZRX / 0x Bullflags All RoundBullflag evident on the USD pair
Also evident on the BTC pair
Great buy opportunity for long
I dont have any targets, its a solid long term pick though
ZRX/BTCZRX one of the 'old' DEFI coins that looks good here.
On higher timeframes a double bottom and currently higher lows under resistance.
ZRX-USDT reached Swing high, now back to support!Hi!
Strong selling pressure around 2USDT might push the price back to ~1.85
...
This is a personal opinion!
Don't be lazy and do your own research!
