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ZRXBTC trade ideas

0x ZRXBTC - HUGE Falling wedge - ZRX is prepared for a great pump very soon! - Check my related idea about 0X vs USDT below! - On the chart we can spot a falling wedge, which is very close to a breakout. - The price is consolidating within Rectangle bullish pattern - Also, we have a double bottom reversal pattern. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
3
ZRX in a good positionI haven't posted for a while about ZRX, recently it broke out from a triangle big triangle but the breakout didn't lead to a huge pump. Right now I noticed that price is getting squeezed between a trendline and EMA 200 so at one point I expect this to break upward, especially if BTC remains stable. An important data is VLPR, look at the control line, the buys at that price are a LOT and sells are very little so I think price should at least hold that level. Use a tight SL, EMA 200 must be your limit. Good luck
Long
by Shotokhan
The ZRX begins an explosion ...After such a long consolidation and a decline on the ZRX in tandem with BTC, we finally start to move upwards. It looks extremely good, and when paired with eth (ZRXETH) it looks even better. The MACD indicator starts to cross on the weekday which heralds a strong upward move from now to a week or two, there may be a strong break in the limits marked on the chart. Is a typical flag that has been built since February: O The only thing that can thwart the plans is, of course, BTC. I wish you huge increases for those who have persevered.
Long
by JohnBat
ZRX broke out againI'm posting the signal on the 15min because I think it's the best timeframe to see what's gonna happen in the short period. Basically price broke out but there's a bearish DIV on RSI and CCI (not shown) which indicates price will go down at least in the short period. Moreover ichimoku shows the support is below the triangle's R/S. To support ichimoku's cloud data you can see on the VLPR there's a huge buy zone on the level right over the triangle's R/S meaning price is very likely to retrace up to that point. What I would do if I wasn't already in from a long time: I'd set a buy order around 3498 sats to be sure it'd trigger. Enter with 30% of the position and monitor BTC. If BTC will start pumping ZRX will probably lose steam and go even lower the support, if BTC stays as it is right now ZRX will bounce on the support. Use stop loss. Good luck!
by Shotokhan
ZRX following ichimoku cloudAs you can see at 4h ZRXBTC chart is following the cloud, it's very similar at daily timeframe as well. I'm not showing the VLPR but current price is just over the control line, most of the transactions happened below current price and most of them where buys. This is good! At 1h there was a BB light contraction overnight and from there price slightly headed up. If BTC remains stable price might break out again and hopefully for real this time. Current price is in a good spot for an entry in my opinion. STOP LOSS belo 3238 sats
Long
by Shotokhan