Zrxusdt
ZRXUSD H8: ABC 80% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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ZRXUSD H8: ABC 80% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ZRXUSD 8hours/candle chart review
::: updated/revised outlook
::: still great setup for 80% gains
::: same A/B/C fractal in progress
::: as in XLMUSD recently on right
::: BUY/HOLD 1.00/1.10 USD
::: near point B
::: point C is +80% gains
::: up to 80% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +80% gains
::: details: see chart
::: FINAL TP +80% gains point C
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
ZRX A Shark move | Upto 1000% rally expectedHi dear patrons, hope you are well and welcome to the new update on Ox (ZRX) token.
In 2019 I posted that the price action of ZRX completed a very big bullishg reversal Shark move on monthly chart. At that time the price action was likey to bounce from the support of a triangle therefore I suggested to by at 0.886 Fib level however the priceline completed the Shark and moved between 0.886 to 1.13 Fib level. And the price action rallied.
In the US Dollar market I posted this butterfly move that produced more than 1000% sofar.
But on the long-term monthly time period chart, the price action of the ZRX with Bitcoin pair was still moving in the potential reversal zone of Shark . The price action cannot enter in the negative zone, therefore I have placed the Fibonacci pattern up to 1.13 Fib level only for the educational purpose, however the price line has found the last support at 0.00001465 btc.
This trade has a huge profit possibility of 1050%, and the loss possibility is only 55.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZRXUSDT (0x) - POTENTIAL BREAKOUTANALYSIS 🔎
- ZRXUSDT is consolidating in an ascending triangle pattern.
- This is a bullish build up pattern.
- Price testing the ascending triangle's horizontal resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ZRXUSDT XABCD formation in progress?There's a new XABCD formation in progress in ZRX
Down trend seems to be broken and it is in the retest area
Buy : 0.5015
TP1 : 0.5572
TP2 : 0.6116
TP3 : 0.6647 (Kind of skeptical about this one)
SL : 0.4276
Note : BTC is still highly volatile be careful and pull SL if it looks dangerous
ZRXUSDT - POTENTIAL BUY ENTRY ANALYSIS 🔎
- ZRXUSDT is printing an ascending triangle pattern.
- Price bounced off the ascending triangle's inclined support.
- Price also brokeout above the descending trendline resistance.
- We could see a test of the ascending triangle's horizontal resistance.
BUY ENTRY ⬆️
- Breakout above the horizontal resistance level (R1).
TARGET 🎯
- Ascending triangle's horizontal resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
ZRXUSDT (0x / Tether) Dailyhi
here we have two specified TPs based on FibRetracment and FibTimebase and Fib Projections so we can see many Fibonacci confluences ate TP zones and can be very optimistic about this pair
probably we should be achieving the TPs in the TP zone box
it is a little big swing trade
please comment you opinions
thanks
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.
ZRXUSDT - Potential buy entry 🔼ZRXUSDT brokeout above the descending triangle inclined resistance.
Price action is printing a minor ascending triangle pattern.
Potential breakout.
Buy entry ⬆️ - breakout above the minor ascending triangle resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the minor ascending triangle inclined support.