0x vs Tether (Major Downtrend Ends, 125% Growth Next!)We can look at this in different ways...
This time lets focus on the trend.
Recently, ZRXUSDT (0x) has come out of a major downtrend, this downtrend remain active for many months.
By downtrend we mean lower highs and lower lows.
Now that the downtrend is over, what follow is an uptrend which starts with an impulsive bullish wave.
Whatever action we see now is only the beginning.
The green arrow represents the bullish path.
It doesn't grow in a straight line.
There will be retraces and corrections along the way.
We are bullish now.
Namaste.
Zrxusdt
ZRX/USDT - Potential 220% SetupHello Traders!
ZRX completes the previous cycle and completes the fall phase. The new cycle begins with the accumulation phase. The zone of interest of buyers is in the range of $0.305 - $0.480.
For a medium-term trade the first part of purchases should be made in the range between $0.305 - $0.395. And the second one after the price goes over the level of $0.480 with fixation.
The profit taking targets will be price levels
$0.94
$1.16
$1.31
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZRXUSDT - SHORTBased on technical factors there is a short position in ZRXUSDT 0x
ZRXUSDT 0x
Score 1️⃣
🔴Short Now or set on Key Level 0.9200
🟢Target 1 0.8650
🟢Target 2 0.8200
🟢Target 3 0.7755
❌Stop loss 0.9450
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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ZRXUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 1.4 - 1.7 - 1.95
after first target reached move ur stop to breakeven
stop: under 0.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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 your questions or suggestions.
₿ ZRXUSDT 1D ₿ : 25.Nov.2021 (ZRX)This analysis is a review of the #ZRXUSDT daily chart and we can expect good growth from this Cryptocurrency considering its movement and reaction to the price range in which it is located. (Buy Recommendation) But Always do your own research (DYOR)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 25.Nov.2021
⚠️(DYOR)
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ZRXUSD Resistance Turned SupportOne for the 0x bulls
Multiple ways can be seen to display the transition from resistance to support
WIth a simple horizontal line
Using the 50 day MA
and also using a fibonacci circle which shows a rejection early at 3.618, then this turned to a support later on
Bullish
There is one direction "UP"ZRX broke a downtrend channel in an uptrend (yellow lines)
After yesterday's declines, we tested the resistance line (red), such testing is a bullish signal and confirmation of increases. It is quite a key place because it is connected with the lower limit of the uptrend and the average (orange) trend.
As I can see it now: the ZRX is going to be gaining momentum and at some point it will go very steep. This is confirmed by the Choop index which is close to the values signaling strong movement. Which side the market will decide, but taking into account the sentiment on the market, for me it is 9/1 for increases.
It remains to wait for this moment of a solid breakout.