ZRXUSD
ZRXUSD RSI/EMA buy oppsThis is simple buy startegy for bullmarket (1D,USD chart).
Buy opportunities are based off RSI and EMA200 close only.
1. When a shitcoin crosses over EMA200 properly (with good volume etc.), this is the time you start using this strategy!
2. This asset now needs to stay above EMA200.
3. Put a horizontal line at 50 RSI, when RSI is around that level, u start u looking for buys. When RSI hits 50 or lower, its a good buy opp. Risky buy opps are around 60-51 RSI.
4. EMA200 hits are your other buy opp if the price drops back that far.
5. No sell targets.
Sometimes the price may dip below EMA for a few days, so do not panic if it does! U should start to worry only if the price is over than a week under this magic line, or the price tests it as resistance on a daily when under.
After the accumulation range is broken u usually don't get EMA touches anymore, but when u look at RSI u can still get a few good entries before moon and lambos.
buy boxes:
green: good buy (50 or lower RSI, maybe touching EMA)
yellow: risky buy (60 to 51 RSI, far from EMA)
blue box: accumulation
ZRX prepping for the next bull run ZRX has started showing buyer interest on the weekly. It has slowly made it's way above key S/R level on the weekly, which hints towards hidden buying momentum.
Once it has done the retest of 4710 sats on the weekly chart, it should be ready to go to new weekly highs.
ZRXUSD: Long is possibleAt D1, the cloud is directing upward, indicating an uptrend.
And the price found support at the Fibonacci level of 61.8%-50%.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
In addition, the RSI reached the oversold level, after which the price broke the local downtrend line of the falling wedge model.
We recommend buying ZRXUSD now with a stop loss at 0.58 and take the profit near the level of $1 - $1,1.
ZRX/BTC (Pullback to Previous Resistance?)ZRX/BTC
-The Bear flag has been confirmed after the break of local support at 6000 sat
-The potential downside target is somewhere around 5064-4696 sat range
-This is a good rebuy zone or potential strong support area
-It is a previous resistance region plus the 0.618 golden Fib
-Watch this level carefully for any Bullish rejections
-Look for any signs of reversals before entering a Buy position
ZRX - Can it break 0.79c? RSI indicates the way forwardOn this weekly chart of ZRX we can see ZRX has broken the major red resistance line. ZRX then went on to form an ascending triangle and broke through the lime green line.
The light blue resistance line at 0.79cents coincides with the RSI hitting it's own resistance level at 81.67 on the RSI.
If ZRX can break the light blue line the next target is the yellow resistance line is at 0.93cents where we expect some heavy resistance.
The RSI has hit 81.67 shown by a light blue resistance line.
On this daily chart below you can see the significance of the RSI blue line at 81.67
Is it a time to short when the RSI hits 81.67 or wait for the pullback and add to the long?
Happy trading legends!
HTBB
ZRX | 18th August | Whats happeningAfter smashing thru .55 level ZRX breached the .60 level and pulled back to the .55 zone where it found local support. Now ZXR has printed a local higher low/double bottom at .55 level, rounding its bottom and signaling more room for growth.
Entry - .575
Exit - .66 and .75
SL - .54499