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 / 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
ZRXUSDT Parallel ChannelZRXUSDT (4H CHART) Technical Analysis Update
Parallel Channel
ZRX/USDT currently trading at $1.92
Buy-level: Above $1.86 - $ 1.92
Stop loss: Below 1.79$
Target 1: $2.00
Target 2: $2.20
Target 3: $2.40
Target 4: $2.75
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ZRX is about to break big resistanceIf you look at the chart we are fighting against resistance that is still holding zrx/btc since 2017/18 we had multiple fakeouts during this time (last one took place yesterday on 4h). In 2021 we found great support that is still pushing zrx up. I hope in 1-2 weeks we are going to see massive breakout and achive levels from 2018 (more than 500% comparing to btc)
It is not financial advise
$ZRX/BTC 4h (Binance Spot) Descending channel breakout & retest#0x Protocol broke bullish and seems to be preparing for next move up after that pull-back.
Current Price= 0.00003119
Buy Entry= 0.00003074 - 0.00002990
Take Profit= 0.00003466 | 0.00003725 | 0.00004064
Stop Loss= 0.00002742
Risk/Reward= 1:1.5 | 1:2.39 | 1:3.56
Expected Profit= +14.31% | +22.86% | +34.04%
Possible Loss= -9.49%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 weeks