$ZRX is Gearing up to BLOW UP (Short-term 2x and Long-term 4x)It speaks for itself, but that blue line is the HEAVIEST resistance that will undoubtedly turn support.
$ZRX is going to surprise most people, since most dont even know what its purpose is.
Once we BREAK 9K sats, be ready for lots of GREEEEEEN!
ZRXBTC trade ideas
0X BULLS PREPARING FOR A ROCKET LAUNCHStrong accumulation in the last 8 months. Price forming a nice harmonic patterns from bottom up.
Price broke above the daily resistance and 50 MA (thin orange line) from the Dec low all the way to the 8127 daily resistance level where we got rejected after a bullish retest of the 50 MA and daily horizontal support level.
Price action is bullish with series of higher high and higher low formation, and a bullish potential cup and handle formation, an indication that accumulation is getting stronger.
The 6780-6526 is presently providing a nice amount of support.....we have a confluence of support @ 6780-- uptrend line support and 50 day MA, and another confluence of support just below at 6528-- 0.786 fib retracement level and the horizontal support level.
Price broke slightly below the 50 day MA and uptrend line support, but found support at the 0.786 fib area.
All things being equal, I do expect a close above the uptrend line support and 50 day MA, or a bounce at the 0.786 fib level.
If price breaks below the daily support level and the 0.786 fib level, our next support is the yearly low @ 6085.
If we get a bounce at any of the confluence of support area mentioned above (50 day MA, uptrend line support, 0.786 fib, and daily horizontal support level), targets are:
7127 (0.5 fib level)
7402 (0.382 fib level)
8147 (previous resistance),
and ultimately 10409 if the cup and handle formation plays out.
ZRX under huge accumulation? #crypto $zrx $0x #tatipObserving ZRX in the 3D chart there are some clear signs of accumulation.
- Head & Shoulders pattern forming right into support which is a clear indication of accumulation in this zone
- Strong resistance turned into support
- Volume during the sideways phase is greater than the trending phase (!!)
Overall all these signs are an alarm for ZRX, it's also one of the most underperforming coins for 2019 so it may be the next winner.
divergence on multiple timeframesDivergences on multiple timeframes often give a good signal for a bounce. A bit too late to get the best price possible.
I've been seeing a lot of bounces favouring the triple divergence. If it lowers to the .786 fib whilst making a triple divergence it can make for a very good trade.
ZRXBTC entered in bullish reversal zoneThe price action is making different harmonic patterns with smooth up-trend and consistent continuity.
This time the priceline is again retraced and failed to break 50MA support to form new harmonic and entered in bullish reversal zone insha Allah.
The targets are:
Buy between: 0.00007087 to 0.00006774
Sell between: 0.00007333 to 0.00008074
ZRX | LONGZRX retesting the previous resistance line. 3D RSI doing the same. Expecting a strong move up if S/R flips succesfully.
Anchorage above level ZrxCorrection was ready to grow!
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ZRXBTC Latest Technical Analysis.ZRXBTC Right now following Down channel pattern.
I have Mention Meanwhile Demand zone which is the main Bottom of ZRXBTC if market came to that Demand zone, then there are more chances to get reverse Market.
or If Market drop till Demand zone 1 and break Down channel pattern successfully then there is more chances to hit the reward zone.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
ZRXBTC *request analysisZRX perform rising wedge pattern (reversal pattern) and hit resistance trendline.
Maybe it still not a right time to invest at ZRX, coz we have bottom support at 0.00005033
if this pattern break down, bottom reach around mid May.
Even if ZRX success break resistance, maximum projection only 14% at previous resistance at 0.00008833
note : we will update this analysis once we reach 0.00005033