ZRX : THE BREAKOUT VIEWRecently, the cryptocurrency ZRX has shown an important confirmation that could potentially lead to a breakout to the target we have previously identified on our chart. Based on our analysis, ZRX has emerged as a possible breakout coin. We will be closely monitoring the trend of ZRX in the coming days.
The below chart yellow line shows the confirmation.
Zrxusdt
ZRX : THE SCAN COINfor the day trading coin, ZRX has a good chance to get into the trend coming time.
We will follow this coin to see if it can target one of the levels we did add in the chart.
ZRX shows a structure increase in the overview study.
This scan is made for the moment and can change with time. it's important first to see if ZRX is able to increase as the short data shows.
ZRX good investment ?hello dear trader
this price action for ZRX ...
ZRX is a utility token that is used to reward relayers with trading fees for hosting an order book. The 0x ecosystem saw tremendous growth in 2020, and in January 2021 alone, the protocol reached $5.7 billion in trading volume. ZRX also derives value from being a governance token.
zrx have good futures
good luck
Zrxusdt - standing on support- important the minimum of the previous day.
- price a pressure to the minimum.
- price makes a near retest a key level
It smells like a false upward move. And then down.
There's also some very bad news:
Update: Following Aave, the Compound community voted to freeze the credit market. The restriction affected 10 tokens: COMP, WBTC, BAT, UNI, LINK, SUSHI, ZRX, AAVE, YFI and MKR.
ZRX is lost.Hello, dear TradingView members.
This is a ZRX idea.
ZRX is a little lost, and I am too.
You see, ZRX was moving right on the trend line, making an amazing consolidation zone. The Bollinger Bands were also squeezed, leading to a breakout.
But then again, Bitcoin stepped in and ruined the whole thing.
Bitcoin had a price dump this morning which affected the whole market.
Now ZRX has fallen down from the trend line, and it couldn't reach the main support level.
The price might fall even more because there are zero solid support levels on the way down.
From what I see here, the price can correct this dump and reach higher levels around the resistance areas. And then get pushed down even more.
RSI is overbought, and the price has more room to go up.
If you guys have any other perspectives, let me know. I'm really interested.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ZRX, can touch that profit levels?0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the Ethereum blockchain without relying on centralized intermediaries like traditional cryptocurrency exchanges.
To learn more about this project, check out our deep dive of 0x.
0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.
The protocol is powered by an ERC20 utility token known as ZRX. Nodes that (also known as relayers) host an off-chain order book and offer user-facing applications that present this information and allow users to make, fill and cancel transactions are paid in ZRX tokens (as trading fees). ZRX can also be used to participate in platform governance, helping holders suggest and vote on changes to the protocol.
In 2019, 0x announced an overhaul of the ZRX token, adding extra functionality, allowing ZRX holders to delegate their stake to a market maker to earn passive rewards while retaining their voting capacity.
Buy setup
Entry : 0.22 - 0.27
SL : 0.189
TP1: 0.278
TP2: 0.288
TP3: 0.3
TP4: 0.315
TP5: 0.335
TP6: 0.36
TP7: 0.39
TP8: 0.43
TP9: 0.47
TP10: 0.51
TP11: 0.56
TP12: 0.62
TP13: 0.7
TP14: 0.8
TP15: 0.9
TP16: 1
TP17: 1.12
Spot or Future (1x, 2x, and 3x)
Run and enjoy it!
Follow me! Copy my trade! BingX
TradeSetup_Reza
ZRX Full EW Count ...demonstrating very very likely the bottom has been set already!
Its just a beauty! After an insane wave 1, we have now finsihed an insanely deep wave 2 retracing over 95% leaving hodlers totally smashed and bottom sellers sell their bags.
While the count is pretty obvious, the typical sweeping of lows below the triangle before going for a massive rally has already taken place.
Stage is all clear and set for ZRX to take off.
Just WOW.
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
ZRXUSDT Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.38 - 0.42 - 0.44
after first target reached move ur stop to breakeven
Stop: ~0.27 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ZRXUSDT Waiting For The Triangle Breakout!ZRXUSDT Technical analysis update
ZRX formed a symmetric triangle in 4h chart, if the price breaks above the triangle resistance line then we can expect an up move in ZRX.
Buy zone: above $0.335
Stop loss : $0.30
TP 1 : $0.365
TP 2 : $0.405
TP 3 : $0.460
Max leverage: 1x
Always keep stop
Thanks
Hexa
ZRXUSDT Local trend breakoutHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me✅ Go to the channel there is a lot of useful information.
The asset has broken through the local trend line, I expect a hike to the 0.2 Fibonacci zone
ZRX/USDT - Potential Short ScenarioHello Traders!
ZRX is moving in a downtrend gradually completing the decline phase. The price is fixed below the resistance level of $0.310
Selling culmination will be the price exit into the range of $0.153 - $0.200. Medium-term purchases can be considered closer to the support level of $0.153.
The targets of such purchases will be the levels of $0.31 and $0.46
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZRXUSDT: Local Waves Count And Good OpportunitiesThe ZRX coin was included in the list of my trading plans to track the possible opening of a positions.
The wave structure is well read and the trading plan has excellent risk to profit parameters.
In general, my approach is that I expect the end of the decline within the expected zigzag and the continuation of the price recovery within the upward wave C of wave 4.
For a long position, the risk to profit ratio is about 1:5.
In addition, after the completion of the impulse in wave C, I will expect price decline to new lows, which in the future may allow you to get a good risk to profit ratio of 1:3 for a short sales.
I advise you to carefully consider this trading plan, because. it is in some way a standard in the methods of planning trading actions.
In addition, I do not rule out (just in case) an alternative scenario for the development of events, when the downward movement has already been completed, and wave C will turn out to be wave 3 in a five-wave upward model.
Best Regards,
CEO Tornado Capital
ZRX showing H&SClear H&S on ZRX and volume is currently plummeting. Indicators confirms.
More clear vision at 4h where price bounced off EMA 200:
and at daily where it's forming a very bearish daily candle:
if price doesn't go over the neckline and consolidates there you can short. I'm not using Binance right now so good luck if you try
Ox (ZRX) formed a big bullish Gartley for upto 1727% big rallyHi dear friends, hope you are well and welcome to the new trade setup of Ox (ZRX) token.
In the below previous trade, ZRX just spiked in sell zone and moved down.
Now on the monthly time frame , the price line of ZRX has formed bullish Gartley pattern.
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
ZRX triangle pattern is formingZRX went up, although failed to test the downtrend trendline. Currently, we expect a pullback towards the 61.8% Fibs, after which the price should start rising. If the break above the triangle will take place, we might witness yet another upside swing in the coming days.
$ZRXUSD - Bearish moodHello everyone!
ZRX Looks to be forming a bearish flag rather than an uptrend channel because the bears pressure is stronger and there is no impulse.
Taking into an account the current chart setup, ZRXUSD might drop to 0.3750 and 0.3760 to retest support and might pull back upwards.
Bearish Flag on ZRXUSDTBased on technical factors there is a short position in :
📊 ZRXUSDT
🔴 Short Now 0.4202 or by Flag Breakout
🧯 Stop loss 0.6000
🏹 Target 1 0.3280
🏹 Target 2 0.2200
🏹 Target 3 0.1100
💸Capital : 1%
We hope it is profitable for you ❤️
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