#ZRX/USDT#ZRX
The price is moving in a descending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.3080
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3170
First target 0.3392
Second target 0.3600
Third target 0.3860
Zrx
#ZRX (SPOT) entry range (0.2670- 0.3570) T.(0.8370) SL(0.2546)BINANCE:ZRXUSDT
entry range (0.2670- 0.3570)
Target1 (0.5180) - Target2 (0.6340)- Target3 (0.8370)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.2546)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF ENJ #ZIL #APT #MAV #ZRX ****
Will ZRXUSDT Ignite a Bullish Reversal? Yello, Paradisers! Have you noticed the key breakout on ZRXUSDT? 🚨 The pair has just broken out of a major resistance trendline and formed an Inverse Head and Shoulders pattern, all while showing a bullish divergence. Are we about to witness a strong reversal, or will this be a fake-out?
💎If ZRXUSDT manages to break and closes candle above the resistance zone, it will confirm the Inverse Head and Shoulders pattern, significantly increasing the probability of a bullish reversal. The bullish divergence adds even more weight to this potential move.
💎In the event of a pullback, a bounce from the support zone is expected. To increase the odds in our favor, we’ll be looking for a bullish I-CHoCH (Internal Change of Character).
💎However, if the price breaks down and closes below the support zone, the entire bullish setup will be invalidated. In that case, the best approach would be to wait for a clearer price action before taking any new positions.
🎖 As always, patience is key, Paradisers! Stick to the strategy, wait for confirmation, and avoid impulsive decisions. Successful trading is all about timing and discipline—don’t rush it!
MyCryptoParadise
iFeel the success🌴
ZRXUSDT Short Signal / Bulls or Bears?BINANCE:ZRXUSDT
OKX:ZRXUSDT
Hello Traders
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2772
0.2734
0.2695
0.2648
🔴SL:
On the chart
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Short position on ZRXUSDT / Follow for updatesBINANCE:ZRXUSDT
OKX:ZRXUSDT
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2717
0.2687
0.2657
0.2625
0.2580
SL:
0.2853
The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
ZRX USDTZRX 4 Hour Time frame
The ZRX is currently in a downtrend, with the price making lower highs and lower lows. The price has been trading under the descending trendline (Red) for approximately 78 days. This trend line on the chart shows the bearish trend. The current price is $0.3030, and it is nearing an important support zone (Green) between $0.2656 and $0.2924.
If the price finds support on the green zone, it could bounce back towards the resistance levels at $0.3312. However, if it breaks below this support zone (Green), the next target could be the lower support zone (Yellow) at $0.2083 - $0.2180.
There are also key resistance zones to watch. The first one is in Pink between $0.4056 and $0.4296, and the second, stronger resistance zone (Blue) is between $0.5883 and $0.6350. These levels have previously prevented the price from moving higher. The current high trading volume indicates strong selling pressure.
Traders should look for potential buying opportunities if the price finds support or breaks above the resistance levels. Watching the price action and volume around these key levels will help in making better trading decisions.
#ZRXUSDT Ready For a Major Bullish Move After the BreakoutYello, Paradisers! Are you ready for the next big move in #ZRXUSDT? The #ZRX is retesting a crucial demand zone and let's see what happens next:
💎 NEWCONNECT:ZRX is currently showing signs of a probable bullish continuation from a support zone at $0.2893. We've observed #0xProtocol following a descending channel for quite some time. Recently, after breaking above the descending resistance, it's gaining momentum at this key support level.
💎If NEWCONNECT:ZRX holds strong at this level, there's a high probability of a bullish rally, similar to previous trends. A breakout above the probable resistance at $0.407 could lead to targeting the next resistance zones and beyond.
💎However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $0.227.
💎It's crucial to stay vigilant and monitor #ZRXUSDT price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
ZRXUSDT bouncing from monthly support, likely to head higherThe story of ZRXUSDT is similar to many other assets where the price started rallying at the beginning of the last quarter of 2023 and the rally continued till the end of first quarter of 2024. Since then the price has been downtrending. The rally started from monthly support MS2 and reached till monthly resistance MR2. Now it has reached monthly support MS1 during this downward move. The price bounced from that support after hitting and dipping deep into that monthly support zone. However, this bounce is not the end. I believe the price is going to continue to move upward on this bounce. Monthly resistance MR1 will be just a pause or stop on its way towards monthly resistance MR2. We shall reassess the price action once reaches MR1 and MR2 in case it follow our expectations. Anyways, next month august is looking very bullish for this as well as many other coins I have covered.
A bounce back is imminent for ZRX.#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.
---------------------------------------------------------------
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
ZRXUSDT.1DExamining the chart of ZRX/USDT from the daily timeframe, here is my technical analysis:
Price Action and Structure:
The price of ZRX/USDT appears to have established a consolidation phase within a specific price range. Notably, there are recurring lows around the same level, marked as 'T' on the chart, suggesting strong support around these areas. The price has made several attempts to rally but faced resistance, depicted as 'R1' and projected future resistance 'R2'.
Technical Indicators:
RSI (Relative Strength Index): The RSI is currently at 53.60, which is neutral, suggesting that there is neither excessive bullish nor bearish momentum. However, it's approaching the mid-line from above which might suggest a potential strengthening in momentum if it maintains above this mid-line.
MACD (Moving Average Convergence Divergence): The MACD line is slightly above the signal line but both are near zero. This indicates a minimal bullish momentum as of now. The convergence between these lines is something to watch, as further divergence or a crossover can suggest an increase in momentum in either direction.
Support and Resistance:
The key support level, denoted as 'S1', needs to hold to prevent any bearish reversal. It's crucial as a fall below this level could accelerate selling pressure.
Resistance levels 'R1' and the anticipated 'R2' are critical for the price to overcome to confirm a bullish trend. The level marked 'R2' at 0.7702 is quite ambitious and suggests a strong bullish scenario if 'R1' is decisively broken.
Projection and Strategy:
The projected path drawn on the chart indicates an expectation of a rise towards 'R1', retracement, and then a potential test of 'R2'. This bullish outlook would be contingent upon the price maintaining above 'S1' and the RSI staying above the mid-line, suggesting sustained buying pressure.
Conclusion:
As a trader, I would look for confirmation of support holding at 'S1' along with bullish signals from both RSI and MACD before considering a long position. It would be prudent to set a stop loss just below 'S1' to mitigate risk. On the upside, breaking above 'R1' could open the way towards 'R2', presenting a significant trading opportunity. However, any trading should be approached with caution and aligned with broader market conditions and news affecting the cryptocurrency market.
4️⃣ Interesting Altcoins - Episode 1️⃣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here are 4 Altcoins that I find interesting from a technical analysis perspective:
1️⃣- KUCOIN:DYDXUSDT
DYDX is currently hovering around the lower bound of the rising channel marked in blue.
As long as the $1.8 demand holds, I will be looking for trend-following buy setups on lower timeframes.
2️⃣- BINANCE:MASKUSDT
MASK has been hovering within a big range between $2.5 and $6.5.
For the bulls to take over and start the next impulse movement, a break above the last major high marked in green is needed.
3️⃣- KUCOIN:TIAUSDT
TIA is currently hovering around a massive support and round number $10.
As long as the $8.5 support holds, I will be looking for buy setups.
For the bulls to take over, a break above the last major high marked in red is needed.
4️⃣- BINANCE:ZRXUSDT
ZRX has been overall bullish trading within the flat rising wedge pattern in blue.
For the bulls to take over, and start the next impulse movement, a break above the last major high in red is needed.
Which asset would you like me to include in the next episode?
Let me know if you like this series; your feedback would encourage me to keep it running.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ZRX/BTC - 0x: BBand Breakout◳◱ On the $ZRX/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001001 | 0.0000124 | 0.0000165 and support near 0.00000591 | 0.0000042 | 0.0000001. Entering trades at 0.00000829 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: 0x
▣ Rank: 168
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: 0x is a permissionless protocol to facilitate trading of Ethereum based tokens including ERC-20, ERC-721, and other Ethereum standards. 0x is not itself a decentralized exchange, but instead a system of smart contracts that connects liquidity providers and market makers in order to provide exchange functionality in a range of applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000829 ₿
▣ 24HVol: 2.787 ₿
▣ 24H Chng: 5.605%
▣ 7-Days Chng: -3.18%
▣ 1-Month Chng: -56.23%
▣ 3-Months Chng: 60.12%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001001 | 0.0000124 | 0.0000165
◢ Support: 0.00000591 | 0.0000042 | 0.0000001
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -5.96
▣ Last 90D: 1.75
▣ Last 1-Y: 0.82
▣ Last 3-Y: 0.14
◲◰ Volatility :
▣ Last 30D: 1.52
▣ Last 90D: 1.61
▣ Last 1-Y: 1.20
▣ Last 3-Y: 1.21
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.61 - Bullish
▣ Reddit sentiment score is 0.64 - Bullish
▣ In-depth ZRXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
ZRX/BTC - 0x: Trend Reversal◳◱ On the $ZRX/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00001001 | 0.0000124 | 0.0000165 and support near 0.00000591 | 0.0000042 | 0.0000001. Entering trades at 0.00000826 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: 0x
▣ Rank: 168
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Kraken, Hitbtc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: 0x is a permissionless protocol to facilitate trading of Ethereum based tokens including ERC-20, ERC-721, and other Ethereum standards. 0x is not itself a decentralized exchange, but instead a system of smart contracts that connects liquidity providers and market makers in order to provide exchange functionality in a range of applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000826 ₿
▣ 24HVol: 2.790 ₿
▣ 24H Chng: 4.425%
▣ 7-Days Chng: -3.63%
▣ 1-Month Chng: -56.43%
▣ 3-Months Chng: 59.38%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001001 | 0.0000124 | 0.0000165
◢ Support: 0.00000591 | 0.0000042 | 0.0000001
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -5.96
▣ Last 90D: 1.75
▣ Last 1-Y: 0.82
▣ Last 3-Y: 0.14
◲◰ Volatility :
▣ Last 30D: 1.52
▣ Last 90D: 1.61
▣ Last 1-Y: 1.20
▣ Last 3-Y: 1.21
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.61 - Bullish
▣ Reddit sentiment score is 0.64 - Bullish
▣ In-depth ZRXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
ZRX/USDT showing a bounce and potential back to upward move!💎 The recent market dynamics surrounding #ZRX have indeed been quite notable. Currently, ZRX is bouncing from the Bullish OB and is poised to test the resistance of the descending channel.
💎 If successful in breaking the pattern, the next challenge will be to breach the key resistance area at 0.618.
💎 This level is crucial for confirming a bullish reversal, and ZRX must surpass it to signal a return to bullish sentiment. If achieved, the price may target a test of the strong resistance area.
💎 However, if ZRX fails to break above the 0.618 resistance level and faces rejection, it could lead to a downward movement, potentially retracing to test the Bullish OB for new momentum.
💎 It's essential to monitor ZRX's behavior at the Bullish OB level. A successful bounce from this level would reinforce bullish momentum. Conversely, a failure to bounce, or a breakdown below the OB area, could signify a bearish trend continuation, resulting in further downward movement.
MyCryptoParadise
iFeel the success🌴
ZRX/USDT falling wedge what next? 👀ZRX analysis💎 Paradisers, get ready for an intriguing ride with ZRXUSDT! The current price action closely adheres to a falling wedge trajectory. If the price maintains momentum at the bullish order block (OB) and key support $0.3942, we can anticipate a bullish ascent toward the strong resistance level.
💎 However, let’s also consider an alternative scenario: Should the price drop below the key support within the falling wedge, it’s time to act wisely. As savvy traders, we’ll take a downward position because selling pressure has overcome buyers, capitalizing on the recent market uncertainty.
💎 For newcomers tempted to go long, remember to stay vigilant and anticipate market movements. Being one step ahead can make all the difference!
MyCryptoParadise
iFeel the success🌴
ZRX UPDATE (12H)We previously published a good analysis of ZRX, which caught the main pump of this coin. (You can see our serial analysis of ZRX by referring to the related analysis section.)
Now we have a range for rebuy, so that it does not reach this range, we will not enter the buy/long position.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ZRX/USDT assessing key resistance? 🚀ZRX Today Analysis💎 Paradisers, get ready for an exciting chance with #ZRXUSDT! It's currently eyeing a crucial resistance at $1.0535. Breaking past this level could trigger a powerful bullish run, potentially reaching even higher resistance levels. Plus, a recent escape from a descending channel suggests more bullish momentum could be on the way.
💎 If NEWCONNECT:ZRX encounters resistance at $1.0536 and struggles to push through, signaling a possible dip below its current level, we'll be looking for a bounce back from the next line of support at $0.84003.
💎 Be mindful: dropping below this secondary support might signal a move towards a clearer bearish phase, with increased selling activity. It's vital to remain alert and flexible as we watch how the #ZRX market unfolds.
ZRX/USDT Poised for an Explosive Movement? 👀🚀ZRX Analysis💎Attention Paradisers! Keep your eyes on #ZRXUSDT. It's comfortably seated in a demand zone and looks ready for a bullish surge.
💎#0xProtocol is on the rise, displaying a bullish trend near the $0.82 support level. It's tracing an ascending channel pattern, having found support within this channel on two occasions. If this trend holds, we anticipate a robust bullish leap towards the $1.75 supply zone.
💎If #ZRX faces hurdles at the $0.82 threshold, it may signal a strategic pivot point. We could then look to a lower demand level at $0.57 for a bullish resurgence.
💎Vigilance is key as we navigate market shifts. A descent below the pivotal $0.82 level may necessitate a strategic shift, particularly if sustaining the bullish momentum in the #ZRX market proves challenging.