ZRX potential pump coming soon (4h chart)Keep this quick and simple...
MAs look great for a continuation of an uptrend. RSI is not heavily overbought, which I believe this uptrend has some steam in it. Accumulation/distribution looks to be rising, thus confirming a continuation for some more upside currently. I believe hitting Target 1 to be very likely and hopefully pump up to target 2 which at that point I would be taking profit off the table and moving into USD tether. Looking at the fibon. chart as well I think this trend is capable of easily hitting that target 1 and testing that resistance at target 2. That's all for now, we will see what happens over the next week or so. I'm guessing hitting target 1 at 80% confident and hitting target 2 at 50% confident IMO. Good luck!
ZRXUSD
Turn It Up $ZRX #0X #0xProject
Weekly
Looking at our trend timeframe we can see ZRX continues to respect its downtrend since leaving an ATH imprint at $1.30. Stochastic RSI showing momentum is in favor of the bulls with no signs of reversal. Our most recent price action shows a break from $0.20 up to $0.40, leaving a new higher high. ZRX is now looking to confirm our higher low before continuing to the upside.
Daily
Shifting over to our pattern timeframe we can see ZRX looks to be stuck in an ascending triangle, our high point at $0.49, and our base at $0.32350. Stochastic RSI showing momentum was in favor of the bulls however we have temporarily slowed down.Expecting the price to consolidate from $0.32 to $0.35 before our next breakout. A look at our smaller timeframes will give us a better entry.
4Hour
Finally shifting over to our trigger timeframe we can see 4hour support looks to be forming. Stochastic RSI showing momentum is in favor of the bears, however, a bullish engulfing at this level may change that. If the price is going to respect our triangle breakout and retest we should see ZRX at our 4hour resistance ($0.36).
0x (ZRX) - June 20Hello?
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You need to check if you can get support in the 0.31260076~0.32735668 section.
It is expected to do sideways between 500EMA and 700EMA. (0.31260076~0.39543469)
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Bearish triangleZrx looks very weak on this 45m chart.
You see 1-2 bars with the maximum volume, I highlighted them with two arrows, they have a maximum above the level of 0.35. However, these extremely high volumes on attempts to rise can mean hidden weakness.
Most likely, hidden professional selling occurred around 0.35 because at point 3 there is trading on very small volumes near the resistance level. This means a weak market and a lack of demand.
Arrow number 4 indicates a surge in volumes amid falling prices - a typical occurrence for selling pressure. Sellers come out of the shadows.
A burst of activity on arrow number 5 indicates a bull trap. This is a fraudulent movement that often occurs on the eve of decline.
Thus, we can most likely say that the chart tells us a bearish story. Several attempts to establish a bullish trend were not successful, therefore, a bearish breakdown of the triangle in this situation looks like the most logical development.
ZRX/USDT - sellers dominateLook at the candles sellers dominate. The fuse at the top is a sign of the seller.
It all depends on the BTC. It can change the mood in the market if one candlestick gives up.
ZRX/USD such a triangle looks down.
The indicators show the weakness of the asset.
Break-down support (key level) and move down.
Cancel downwards, going beyond the 0.37$ level.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
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18-56% Potential Profit here in the next 3 daysAll Indicators on this coin are showing a massive rise to the Bullish side.. Set a stop loss at a maximum of 2.5% in the gray zone of the FIB Retracement and sell first target of 50% Profits at 18% and the rest riding up to the 56%!! Good luck and Safe Trading Team!!!
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IMPORTANT NOTE: this is speculative setup.
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