ZRXBTC trade ideas
$ZRX, Showing a cross over resistance level at ~3400sats$ZRX
Showing a cross over resistance level at ~3400sats with increasing volume...
Crossed over EMA50/200 on the 1D chart
RSI reaching overbought (bullish)
UCTS Buy signal on the 1D and lower TFs
I like how this looks for a ~4226sats 1st target mark...
#ZRX
ZRXBTC BullishZRX/BTC
A coin that I think has already found its bottom must not be missing in my #HODL portfolio.
ZRX shows us a Bullish formation, which makes me think that we will not buy this coin under 2700sats anymore. It is currently consolidating on a strong support and preparing for BreakOut upwards. I want to buy ZRX at 3100sats to 2750sats, where is the ideal Buy zone. The chart shows Bullish Cross BK 77 and 231 on the 1D Time frame, which is a very strong bullish signal. Take profit zones are again resistance from the historical development of the chart + projection 1,618 and 2,618 first impulse movement up.
ZRX possible profit 165 %Hi Traders, ZRX/BTC is still long-term bulish (possible profit 165 %), completing the correction now. It is now possible to small move down or immediately up. Prepare reserves for possible re-purchases and menegment positions. All target price, are written in. Collect profits on the way up, trading with reason( 2-4% of portfolio). GL , HonorDeal
0x Retrace Might Be Complete, Early Signals | Where To Next?0x (ZRXBTC) had a strong bounce and is reaching the end of its latest retrace.
We can clearly see a higher low (yellow circles) followed by a strong bounce to move above EMA200 and EMA300.
So we had a fake breakdown, low volume drop below resistance followed by a quick recovery, and now the indicators and signals are there for additional growth.
Conditions for change
0x (ZRXBTC) is now bullish but the charts are always changing... If the price moves and closes "support", the above signals become invalid and ZRXBTC can go lower.
Any questions?
Feel free to leave a comment.
Our last chart for 0x generated over 125% of profits... Let's take a look at the long-term chart from August 2019:
& more...
Thanks a lot for your continued support.
Namaste.
Possible retest of major resistance level (potential 20% gain)Disclaimer: I am not a professional trader and this is not financial advice, just an idea of what I see. I am currently simply trying to get in the game, learn and only bet very tiny amounts (10$ per trade). I am not a day trader, I'm looking for opportunities on longer time frames (daily charts). I also use only very simple indicators like moving averages.
What I see on the chart:
ZRX has been on a strong uptrend for about 2 months now. It hit a major resistance level in the 4000 to 4500 satoshi level and got rejected from it.
The daily 50 MA has crossed the daily 200 MA 10 days ago, which is usually a rather bullish sign.
ZRX is bouncing of the lower end of its trendline
There is a very clear cup and handle formation on the chart.
Entry: watch what ZRX does near the trendline (does it bounce back up, does it fall through?)
Stop : around 2850 satoshis
Take profit: if the bounce is confirme, take some profit when we retest the resistance level (~20% gain from current price).
ZRXBTCZRXBTC update
Entonnoir : W/D/H4 (swing)
A surveiller quand même car si cette compression H4 (bleu) casse par le haut avec une bougie puissante, on pourrait avoir un triple signal H4/D/W qui casserait respectivement les niveaux bleu, jaune et blanc et provoquerait donc la sortie de compression weekly dont j'ai parlé dans mon AT précédente.
En résumé, on a donc toujours un biais baissier en weekly mais il pourrait passer haussier si on casse la compression par le haut.
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Funnel : W/D/H4 (swing)
If this compression on H4 (blue) breaks by the top with a powerful candle, we might see a triple breakout H4/D/W which would break the blue, yellow and white levels, ending up by performing the weekly compression breakout I've mentioned in my previous TA.
To sum it up, we still have a bearish bias on weekly but it might turn back to bullish if we have a compression breakout by the top.
$ZRX, Crossing over ~3400sats resistance level (now support)...$ZRX
Crossing over ~3400sats resistance level (now support) w/ flip on the 8H chart...
Volume does not look very strong yet but is slowly rising..
UCTS signaling Buy across multiple TFs..
RSI Reaching overbought (bullish)
If volume keeps flowing, ~4200 as target..
#ZRX
ZRXBTCZRXBTC update
Entonnoir : W/D/H4 (swing)
Le prix est actuellement en train de compresser en weekly (blanc) et en daily (jaune) juste sous la zone de S/R des ~3500. Le bias est baissier puisque l'on vient du haut de la compression weekly avec en plus une réintégration de celle-ci à la baisse, ce qui est souvent annonciateur d'un biais encore plus prononcé.
Rien à faire avant la prochaine sortie de compression daily qui je pense devrait casser par le bas pour aller rejoindre la zone de S/R des ~2000.
Je rappelle que je ne short pas les alts donc je m'abstiendrai sur cette paire tant que l'on aura pas de biais bullish, ce qui ne devrait pas arriver avant que l'on ait une vraie sortie de compression weekly.
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Funnel : W/D/H4 (swing)
The prix is currently compressing on weekly (blanc) and daily (jaune) right under the zone of S/R at ~2000. The bias is bearish because the price is coming from the top of the weekly compression. Moreover, the price has reintegrated this weekly compression which usually means that the bias is even stronger.
Nothing to do on this pair until the next daily compression breakout which should break by the bottom towards the zone of S/R at ~2000.
I do not short alts so I won't trade this pair until we are back on a bullish bias. This won't happen before we have a proper weekly compression breakout.