ZRXBTC trade ideas
0x (ZRX) Moves Above Support, Chart Analysis0x (ZRXBTC) can easily bounce now that EMA50 has been tested and prices moved above EMA10 on increasing volume.
This "bounce" (green arrow) is only possible while prices remain above "support".
If ZRXBTC moves below EMA50, lower support can be tested.
Even if prices drop, we remain bullish long-term (red arrow).
Thanks a lot for reading.
Namaste.
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This is not financial advice.
4 Hr. Practice Trading (Using MACD) W/+50/200 EMA (PART 1)Curious to see if a new configuration will lead to better lower timeframe (4hr) results. No targets for now, however moving up stop loss once break out begins. More or less just recording data and seeing if I can catch MACD breakouts.
Im used to working with daily and weekly FYI
ARU
"STOP LOSSES PEOPLE!!!"
ZRXBTC attempts to have a breakout 🦐ZRXBTC attempts to have a breakout According to Plancton strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
ZRX - POSSIBLE CONTINUATION OF THE RALLYZRX seems willing to continue the rally after breakout and retest of the triangle.
On the chart my target and stop loss.
There are two possible trades here.
TP 1 RR 4x (40% vs 10%)
TP 2 RR 6X (110% vs 17%)
I opted for a mix of the two: once first target is reached, I will close half of the position and move SL at break even, then I will let profit go until some new catalyst comes out.
Disclaimer
This is not a coin that I am going to keep in my ptf for a long time. Just a short term speculative trade.
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If you can see further than your nose with actual demand and resources in stock generally speaking, you can imagine where those resources or stocks level will be. Then with the idea on who or what brand will emerge or have the contract, bid on that perspective.
ZRX closing on 200 Hull while volatility is fading►ZRX was one of the top-performing assets making 135% from its May low to its High
►It has been in a correction since
►Volatility is fading giving space to another possible big move
►Hull Moving Average closes on High Volume Node's beginning, I think it might give the price a little stop over there
►I will buy slightly above that level with stop-loss about 0,75 ATR below.
Good luck. What is YOUR viewpoint?
ZRX/BTC downtrend broken, bull pennant, possible support retestAs we can, ZRX has broken both its short-term and long-term resistance and is currently forming a bull pennant. I am expecting it to make a decent move up and test its current high but it is likely, it won't break and the reason for my thinking there is that it has not retested the symmetrical triangle it broke up from for support which has additional confluence with both 100 & 200 DMA coinciding with it. Although, it is possible that it breaks up from the current pennant and keeps making higher highs, starting a new uptrend, I would rather be cautious..So, if I were in it, I would sell its test towards its current top and take profit there AND THEN see if it breaks its current high or not and based on that make my decision to either re-enter upon breaking current high or WAIT and buy lower when it retests the triangle & the 2 strong MAs for support.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
ZRX Flipped S/R?It looks like ZRX broke out of it's range and flipped support resistance. If it's going up from this support level, it's 40% gains to 0.00004990 next resistance level. It came from there so nothing special I would say. No financial advice ofcourse but looks like a beautiful SR flip. Time will learn.
ZRX/BTC - breakdown zone was tested.The vertical triangle is broken down.
The last bar shows that the breakdown zone was tested.
Closing the test bar will open the way to a decrease.
Moving averages confirm decline.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
3 HR Short Term Trend Analysis for ZRX4181 - 3hr SMA. Been fight to hold 4181 as support. Just found support on 233 SMA at retest so far. If we can hold and confirm support I see next target around the 6765 - 3hr sma overhead. Continued rejection and lower lows will look at support on 1597 - 3hr sma in orange on the chart.