ZRXUSDT trade ideas
$ZRXUSD - Bearish moodHello everyone!
ZRX Looks to be forming a bearish flag rather than an uptrend channel because the bears pressure is stronger and there is no impulse.
Taking into an account the current chart setup, ZRXUSD might drop to 0.3750 and 0.3760 to retest support and might pull back upwards.
Bearish Flag on ZRXUSDTBased on technical factors there is a short position in :
📊 ZRXUSDT
🔴 Short Now 0.4202 or by Flag Breakout
🧯 Stop loss 0.6000
🏹 Target 1 0.3280
🏹 Target 2 0.2200
🏹 Target 3 0.1100
💸Capital : 1%
We hope it is profitable for you ❤️
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zrx usdt perp falling wedge Wedge price behavior is almost similar to the Triangle and Pennant patterns. Basically, the patterns highlight the conical price movement. The indication is that the strength between sellers and buyers is consolidating (equally strong, but volume is usually reduced), with a high potential for a breakout in either direction.
entry : market price or 0,4258 - 0,4201 ( save entry area )
stop loss : 0,4072 (3%)
ZRX touching ressistanceIf bitcoin drops again to local low at 26k alts will follow, it might be a good idea to enter here a short trade because it looks like btc is going to drop now.
The reason for choosing this coin is that it just hit the resistance level and here we have two possibilities:
1-Btc drops hard at weekend and we make a 30% profit shorting it till bottom.
2-Btc pumps and we lose a 6.7%.
If the second possibility is given and it be a breaks out the resistance looking for a long might be a nice option.
Entry now at 0.46 with stop loss at 0.495 and targets 0.353 and 0.30.
At 0.436 stop loss to entry.
Not a financial advice do always your own research.Only risk very small amount in this trade if you decide to take it.
$ZRX/USDT - Long - Potential 33.04%$ZRX/USDT - Long - Potential 33.04%
Exchanges: Binance, Huobi.pro, Bittrex
Signal Type: Regular (Long)
Entry Targets:
1) 0.4759 - 100.0%
Take-Profit Targets:
1) 0.4989 - 50%
2) 0.5414 - 30%
3) 0.6330 - 20%
Stop Targets:
1) 0.4486 - 100.0%
Entry Trigger - Pullback, big volume, breaking key resistance
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
ZRXUSDTExpected Moves for next up coming weeks. Do not jump into trades since this is just the expected moves. Let's try to catch the UP move from the bottom. Wait for the confirmation and good risk to reward ratio I will update if there is a option pops up. For now there is no setups. Trading is serious business and it carries a high level of risk and may not be suitable for all investors. Do your own due diligence before putting your funds to work on anything; you should make yourself an expert. There will be up to date ideas. So be kind enough to follow me for more updates.