Zrxusdt
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.
0x (ZRX) - January 1Happy New Year!!!
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We have to see if we can go up along the uptrend line.
You should watch for any movement that deviates from the 0.3260-0.4490 segment.
If it falls from the 0.3260 point, a Stop Loss is required to preserve profit and loss.
If it moves sideways between 0.3260-0.4490, it is expected to create a larger wave with the stored force.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
ZRXUSDT(4HCHART) channel Breakout#ZRXUSDT Technical Analysis Update
Channel Breakout
ZRX/USDT currently trading at $0.4050
LONG ENTRY level: 0.4000 to 0.4140
STOP LOSS: below $0. 3800
Resistance level 1( Target 1): $0.4470
Resistance level 2 (Target 2 ): $0.5130
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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zrx/usdt
We notice that the candles on the daily timeframe are still above the support. We also note that the trend is still bullish and positive, according to the trend line and according to indicators.
engineeringrobo
Therefore, entering now is considered positive since 2 out of 3 buy signals are still active
Be careful and manage the deal successfully. The emergence of selling signals means that the deal must be sold and stopped, as well as the opening and closing of the candle below the support line and the support turning into resistance
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ZRXUSDT(4HCHART) Resistance Breakout#ZRXUSDT (4H CHART) Technical Analysis Update
Resistance Level Breakout
ZRX/USDT currently trading at $0.4270
LONG ENTRY LEVEL: Above 0.4250 (only enter long after 4h candle close above resitance level at 0.4250
STOP LOSS ( support): Below $0.3910
Resistance level1(target):$0.4740
Resistance level2(target):$0.5130
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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ZRX 0xLast week we can see some altcoins pumping.
LTC, XRP, XLM, QTUM, BCH
these altcoins have a large capitalization, and large trading volume. In pair with bitcoin, they have great growth potential.
ZRX is one of the top projects in the industry.
The token has not been pumped yet, it is at the bottom. the order book is empty. The token has great growth potential
Best regards EXCAVO
ZRXUSDT(Symmetric Triangle BREAKOUT)
ZRXUSDT/USDT currently trading at $0.38
LONG ENTRY LEVEL: 0.37 to 0.39
STOP LOSS ( support): Below $0.35
Resistance level 1(Target) : $0.435
Resistance Level 2(Target): $0.53
Resistance Level 3(Target): $0.66
Risk Reward Ratio: 1:6
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
ZRX/BTC dropped to strong weekly supportZRX/BTC
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dropped to strong weekly support
Between 2150-2400 sat
If the this support hold for next few days and the weekly closed above
I expect strong bullish move will come
Also altcoins season is expected to come soon
But before buy should wait if it will hold or not
ZRX (0x) Down at major supportZRX is at strong support from last accumulation phase. Rsi bounces consistently of the trendline. If we hold support it is time to accumulate or possibly long ZRX. Watch bitcoins price action closely. ZRX had a nice ABC Elliot Wave correction and is holding last accumulation phase tops as support. If we break this support level, look for a short entry. Things can get ugly when we break this level. Good luck trading.