Will ZRXUSDT Ignite a Bullish Reversal? Yello, Paradisers! Have you noticed the key breakout on ZRXUSDT? 🚨 The pair has just broken out of a major resistance trendline and formed an Inverse Head and Shoulders pattern, all while showing a bullish divergence. Are we about to witness a strong reversal, or will this be a fake-out?
💎If ZRXUSDT manages to break and closes candle above the resistance zone, it will confirm the Inverse Head and Shoulders pattern, significantly increasing the probability of a bullish reversal. The bullish divergence adds even more weight to this potential move.
💎In the event of a pullback, a bounce from the support zone is expected. To increase the odds in our favor, we’ll be looking for a bullish I-CHoCH (Internal Change of Character).
💎However, if the price breaks down and closes below the support zone, the entire bullish setup will be invalidated. In that case, the best approach would be to wait for a clearer price action before taking any new positions.
🎖 As always, patience is key, Paradisers! Stick to the strategy, wait for confirmation, and avoid impulsive decisions. Successful trading is all about timing and discipline—don’t rush it!
MyCryptoParadise
iFeel the success🌴
Zrxusdtanalysis
ZRXUSDT bouncing from monthly support, likely to head higherThe story of ZRXUSDT is similar to many other assets where the price started rallying at the beginning of the last quarter of 2023 and the rally continued till the end of first quarter of 2024. Since then the price has been downtrending. The rally started from monthly support MS2 and reached till monthly resistance MR2. Now it has reached monthly support MS1 during this downward move. The price bounced from that support after hitting and dipping deep into that monthly support zone. However, this bounce is not the end. I believe the price is going to continue to move upward on this bounce. Monthly resistance MR1 will be just a pause or stop on its way towards monthly resistance MR2. We shall reassess the price action once reaches MR1 and MR2 in case it follow our expectations. Anyways, next month august is looking very bullish for this as well as many other coins I have covered.
ZRX/USDT Retesting phase to continue upward movement. 💎 ZRX has undeniably captured significant attention in the market. Currently undergoing the retesting phase within the support area after a notable breakout from the pattern and resistance, marked by a surge in green bullish candles.
💎 Anticipating ZRX's approach to the support level in the near future, there's a likelihood of either rejection or a bounce from this level, probability it back into an upward movement and targeting our supply area.
💎 However, if the scenario deviates from expectations and ZRX fails to bounce, leading to a breakdown of the support area, the potential downside could extend to the next lower demand zone at $0.317. In this situation, ZRX would necessitate a bounce to reclaim the resistance area at $0.390. Failure to regain this area might result in ZRX breaking through the demand level, continuing its descent towards a robust support area.
ZRX/USDT Reclaimed the key area. Upward Momentum for ZRX ??💎 ZRX has undoubtedly garnered our attention. Presently, ZRX is navigating within a descending channel, having successfully reclaimed the demand zone and subsequently embarked on a notable ascent toward the $0.231 supply point, only to face rejection.
💎 It's conceivable that ZRX might retreat to the demand level for a retesting phase, gathering fresh momentum to breach the supply barrier. Should ZRX manage to puncture the supply zone promptly, it could potentially shatter the descending channel constraints, propelling itself toward a higher supply region.
💎 However, there's a precarious scenario at play. If, during the retesting, ZRX falters at the demand level, piercing through and closing beneath it, this would signal a bearish turn for ZRX. Under these circumstances, it's likely that ZRX would sustain its descent, steering toward a substantial demand frontier.
ZRXUSDT - Second Target done.Congrats +220.40% roe x20 or 11.02%At the moment, we have reached the first target.
Stop loss is moved to $0.2520
I expect a further price reduction based on the specified take profits.
My trading setups are not investment advice, nor are they forced to trade. Spend your #dyor
ZRXUSDT - First Target done.Congrats +96.8% roe x20 or 4.84%
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.
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 AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
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!
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 your questions or suggestions.
ZRXUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 1.5 - 1.7 - 1.9
after first target reached move ur stop to breakeven
stop: ~under 1.08 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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 your questions or suggestions.
ZRXUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: 1.07-1.02
target: 1.4 - 1.6 - 1.8
after first target reached move ur stop to breakeven
stop: 0.91(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
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!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
ZRXUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 1.5 - 1.6 - 1.8
after first target reached move ur stop to breakeven
stop: ~0.97 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
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 your questions or suggestions(Looking for investors!).
ZRXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN