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!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Zrxusdt
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
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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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ZRX touching ressistanceIf bitcoin drops again to local low at 26k alts will follow, it might be a good idea to enter here a short trade because it looks like btc is going to drop now.
The reason for choosing this coin is that it just hit the resistance level and here we have two possibilities:
1-Btc drops hard at weekend and we make a 30% profit shorting it till bottom.
2-Btc pumps and we lose a 6.7%.
If the second possibility is given and it be a breaks out the resistance looking for a long might be a nice option.
Entry now at 0.46 with stop loss at 0.495 and targets 0.353 and 0.30.
At 0.436 stop loss to entry.
Not a financial advice do always your own research.Only risk very small amount in this trade if you decide to take it.
ZRXUSD Retest Leading to ContinuationOn the left the Monthly chart is shown, the bullish nature is evident just by looking at the Channel, the green circle shows how support was found along the middle band of the indicator
This support is currently being retested
On the right is the ZRX/ETH chart, which shows ZRX emerging in a bullish state after a long period of bearish movement, this bullish state can be identified by the thinning Fibonacci Bollinger bands
The breakout will be massive and will definitely be reflected on the USD pair
ZRX | Yearly Outlook | 3rd Wave PlayTechnical Analysis
ZRX/USD has completed a 5 Elliot wave structure followed by a A-B-C correction structure. This entire play completes Wave 1 and Wave 2 respectively in the broader structure of ZRX/USD.
ZRX/USD has now started Wave 3 of the broader structure and poses a good risk reward in the long term.
Fundamental Analysis
Earlier this year before its Coinbase NFT marketplace partnership, 0x Labs rolled out a set of NFT swap features, which enable users to exchange digital collectibles across multiple blockchains such as Ethereum, Polygon, Fantom, Avalanche, Optimism, BNB Chain, and Celo. The team claims their offering is roughly 50% cheaper than trading on leading NFT marketplaces like OpenSea and LooksRare.
Bearish Flag on ZRXUSDTBased on technical factors ( Flag ) there is a short position in :
📊 ZRXUSDT
🔴 Short Now 0.8744
🧯 Stop loss 0.9494
🏹 Target 1 0.8220
🏹 Target 2 0.7430
🏹 Target 3 0.6140
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Is it possible for the ZRX crypto to recover?After Ox joined with Coinbase, the world's second-largest cryptocurrency company, the price of ZRX skyrocketed. Coinbase's non-fungible token (NFT) marketplace now includes Ox as its blockchain supplier. As a result, its coin price is rising as investors believe that this is a validation of the network.
Bullish Scenario: Before the Coinbase alliance, the ZRX price was in a gradual upward trend on the daily chart. ZRX has increased by more than 50% and is now trading at $0.89, its highest level since December of last year. ZRX is trading above the $0.80 support level. If it remains above this zone and the $1.01 resistance level breaks, we could see a move towards $1.18, $1.41 and above.
Bearish Scenario: ZRX is still in a downturn on higher time frames including daily, weekly, and monthly so we aren't quite out of the woods yet to have a strong optimistic bias. Failure to hold the $0.80 support level and a break below $0.65 might lead to a slide to $0.52 and even below.