ZRXUSD 1WZRX ~ 1W 📈
#ZRX Retesting of the Support Line and S/R Block has been successful. NEWCONNECT:ZRX is still bull for the long term.
Zrxusdprediction
ZRXUSD is aiming the $1 level and bullish pressure is mountingZRXUSD
In daily timeframe we have seen a clear bullish engulfing pattern today. And the candle was so big enough to push the upper side limit which is holding this crypto since May 2020 and ZRXUSD has managed to reach the yearly high around 0.960000 level which is around $1 and felled below the .50 level and started trading within a confined range and it cannot break the 0.55 resistance level.
Today we have seen a clear break out of the upper side immediate resistance. And 0.60 will act as decent resistance for the bull. And after that 0.70,0.80 and 0.90 will come in to light in coming days.
We can see the series of Minor Elliot correction waves are formed within this narrow trading range. During the weekend investors will search for a new lows to buy @ the tip rule.
.30 has clearly acted as good support for the bull since may this bear cannot breach this level. Currently .382 Fibonacci level is also acting as strong resistance and the today upward thrust was capped by the .50 Fibonacci retracement level comes around .740000 level.
On upper side .824000 would be a decent target for the bull as its coincides with .786 Fibonacci level. $1 will be a swing target
All the 02 EMA's (50,100,200) is acting as decent support for the bull.
Ichimoku cloud is still red and the cloud is acting as decent support too
On Bollinger band it has breached the upper side of the band and the band width is widening and its a clear sign of further bullish pressure was mounting.
OX / U.S. DOLLAR (ZRX / USD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
