ZRXUSDT trade ideas
Head and Shoulders breakoutAfter a long last downtrend there is a reverse head and shoulders pattern. I do not expect the upside to be as big due to it being in a very long term downtrend but this can be nice and quick swing trade.
Wait for price to get lower and enter at a cheaper point than the current price for better risk to reward.
🆓0x (ZRX) Jan-26 #ZRX $ZRX
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.5$ zone
🔴Buy : 0.5
🔴Sell : 0.6 - 0.7 - 0.8 - 1
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.5$ zone
🔵Sell : 0.5
🔵Buy : 0.4 - 0.35
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
ZRXUSDT SHORT In weekly time frame can see M pattern has been formed and retested it from the neckline. so i guess it is currently bearish.
Daily time frame price tried to build up bullish market structure but that attempt was unable to execute and price came to below the support zone.
Due to that reason I believe that lot of stop loss will Triger at that support zone and new shot entries will place at there.
With that effect form of demand zone in there.
In daily Time frame can be seen death cross as well.
ZRXUSDT - SHORTBased on technical factors there is a short position in ZRXUSDT 0x
ZRXUSDT 0x
Score 1️⃣
🔴Short Now or set on Key Level 0.9200
🟢Target 1 0.8650
🟢Target 2 0.8200
🟢Target 3 0.7755
❌Stop loss 0.9450
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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