ZRX Smashes Through Heavy ResistanceBack to my old friend ZRX, which has earned my many many easy money.
When she moves it's like lightening.
I would ave bought yesterday BUT instead I waited to see how the Dow and Nasdaq would perform: and they are stuck with no direction: --- market actors are watching the US congress and Trump and Globalists and wondering if they will print more stimulus.
Congress won't pass anything till Sept 10th at the earliest so I guess we need to be very careful about our bets until then. The Democrats may be hoping to engineer a massive market crash in the hope of getting rid of Trump ...
Anyway, ZRX looks great here, should pump 30% this weekend.
ZRXUSD trade ideas
ZRX - solidDirectional indicator showing the strength of trend hasn't been this strong since it's inception.
2 major downtrend lines broken (yellow and blue trendlines) 1 more to go to completely verify uptrend (purple line)
Price over 12, 24 and 48 ema's which have all bullishly crossed and are sloping upwards.
CCI and Chaikin over the zero lines indicating bullish momentum.
Watch for a break over .51. Boom
Ready for Liftoff, HoustonEntry - .375
Exit - .56 to .85
SL - .365
You need to feel the nerve of the market. The whales have made money on popular alts and btc, observe the shift in moment towards low market cap alts. They have their canisters loaded with enough fuel for new pump and dump alt parties. (ZEC, DASH, ZRX, OMG)
Sit back and enjoy the ride. :)
$ZRX another DEFI token with good trading setupMost of this analysis is based on current market sentiment and important buy/sell levels (they act as both support and resistance).
As you can see on the chart after a convincing break out $ZRX is forming symmetrical triangle.
In case of bullish continuation it has target around $0.65-0.71.
It's not a financial advice.
Trade carefully and good luck.
ZRXUSD ZonesHere are a few ZRXUSD zones that I have in mind. I am currently long, and my mid term target is above $0.60. I was surprised to see the price dropped during the ETHUSD surge from $230 to $280, which is definitely a sign of weakness. I still have a lot of faith in this coin, but it's not good to get emotionally attached to things. Let's see what happens.