ZRX/BTC - breakdown zone was tested.The vertical triangle is broken down.
The last bar shows that the breakdown zone was tested.
Closing the test bar will open the way to a decrease.
Moving averages confirm decline.
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Zrxbtczrxbitcoin
ZRXBTC formed bullish BAT | A good buying opportunityPriceline of Ox / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002479 to 0.00002452
Sell between: 0.00002541 to 0.00002636
Regards,
Atif Akbar (moon333)
ZRXBTC Latest Technical Analysis.ZRXBTC Right now following Down channel pattern.
I have Mention Meanwhile Demand zone which is the main Bottom of ZRXBTC if market came to that Demand zone, then there are more chances to get reverse Market.
or If Market drop till Demand zone 1 and break Down channel pattern successfully then there is more chances to hit the reward zone.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
ZRX / BTC - 26 Feb 2019 - Long SetupSpot position in ZRX.
Confluence of S/D levels - and a bullish divergence.
Will add more on an outbreak and retest of the green area.
Target 1 is the orange line.
Target 2 is the orange area.
Additional: I dont trade based on Indicator but ZRX seems to form a bullish divergence on daily RSI.
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.