ZRXBTC trade ideas
The ZRX has completed a 15% decline after every 13 days of grow The ZRX has completed a 15% decline after every 13 days of grow.
Green zone.....: 12-13 days peak.
Gray zone.......: It falls between 13% or 15%.
Yellow zone.....: The receiver and the region in which it is displaced. Previous sellers
Yellow zone.....: Fibonacci: 0,618 is back in the shoot after September 12.
Pink zone........: end of 12-13 day period. My idea: Trend up
Turquoise zone.: Sale
Ytd.
Buy ZRX or stay poor!I believe .00011 will hold, but I will add even more down to that next support of around .000104. If you're already in DO NOT get shaken out, this looks to me like a nice retest before resuming the uptrend. Yes, I said uptrend.
Do not be fooled by people saying its done, just buy the retest and let them fomo in later.
Love 0x as a project.. but be careful ZRX could drop here Buying here near the blue 61.8% level could be a good play with news from Coinbase possibly coming out any day.
However, watch the internal indicators.. the price could drop through support to set up a full retracement into the highlighted area.
Thoughts?
ZRXBTC LONG ALL SET FOR QUICK 37% PROFIT
RSI GOOD
MFI 20 OVERSOLD
MACD OVERSOLD
STOCH BELOW 20
CURRENT POSITION ABOVE 61.8 11710 SAT 1.27% UP
TARGETS 12960 - 13685 - 15925 (7-14 DAYS)
FOR QUICK TRADERS STRICT STOP LOSS OF 11000
REGULAR ST AND LT TRADERS STOP LOSS 10256
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ZRX LONG: WATCH THESE LEVELSNice trade coming up: Taking out clean lows into 11494 sats -0.85% level and quickly bounce, very likely a stop run for further upside.
Long at 11494 sats -0.85% is a good entry with stop beneath demand zone .
Alternatively, if not given a dip, find support above S/R level for long.
Original idea -> TRADRZ_Ribz
ZRXBTC - will the pattern repeat?Last idea was successful and made some profits. Let's try to exploit ZRX movement again.
ZRX did it already two times in the past and is kind of forming ascending broadening wedge. In the last four days it formed also triple bottom and is currently above all MAs on 4H timeframe, riding nice above 200 MA.
Idea is based on assumption that it will retrace once again, where I will put two orders (Entry 1 and Entry 2) with stop loss just bellow 200 MA.
In case it won't retrace but will rally from here, I'm willing to enter on breakout, currently with the same stop loss.
Targets are 0.618 Fib retrace level of last drop and just bellow previous high. If things will look pretty, I'll leave part of trade for longer run.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)