Get started

Zrxbt

ZRXUSD: long call on 2h chartHello guys, ZRXUSD appears to me very interesting at current price becaus the trade has a favorable risk/reward factor. ZRX started, about 3 days ago, a short term bullish trend with first target to 1.2 USD and 0.00018 against BTC. For about one day ZRX remained around the resistance area we can find between 1.02 USD and 1.05 USD (S1) but now it found the strength to force the resistance with an increase of volume: so, it might be worth to buy it now at 1.08 USD (R1), setting the stop loss to 1.01 USD with first target to 1.2 USD (R2) and maybe 1.3 USD (R3) as second step. Indicators are set for a further run. To sum up: Buy ZRXUSD at 1.08 USD R1----> R2 1.20 USD----> R3 1.30 USD STOP LOSS 1.01 USD ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:ZRXUSDLong
by BlackSwan_DAR
ZRXUSD. Trend Analysis The trend is bearish. The target for the triangle on the chart. Also this is the place of the volume profile, so from there you can try to go to long for a small part of the Deposit. We also slide in the channel of the downtrend. Its breakout can be used to identify early trend change to bullish. We also have an important variable. This is a bullish divergence of the higher order and strong oversold. So be careful with short positions. Also on trading strategy on the channel. You can enter the long against the trend when you reach the lower limit. This is a strong dynamic support
BITFINEX:ZRXUSD
by Jordan_Mitchell