ZRXUSDT trade ideas
Bitxer's Alert:ZRX/USDT Nearing Weekly Downside Break📉 **Bitxer's Trading Signal Alert!** 🚨
**Symbol: ZRX/USDT**
**Position: Watch for Breakdown**
🔍 **Market Insight:**
- ZRX/USDT attempting to break the weekly downside spot.
⏳ **Wait for Confirmation:**
- Patience is key. Wait for the confirmed breakdown.
🎯 **Targets:**
- All targets in front of you!
💼 **Best for Spot Wallet:**
- Ideal for spot wallet holders.
📈 **Risk Management Tip:**
- Consider futures trade with caution and proper risk management.
🚀 **Enjoy Bitxer's Signals:**
- Trade wisely and enjoy the journey!
Happy trading, Bitxer! 💹🌟📊
ZRX/USDT - 0x: Super Trend◳◱ On the $ZRX/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.3069 | 0.3474 | 0.4176 and support near 0.2367 | 0.207 | 0.1368. Entering trades at 0.2871 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: 0x
▣ Rank: 160
▣ Exchanges: Binance, Bybit, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: 0x is a permissionless protocol to facilitate trading of Ethereum based tokens including ERC-20, ERC-721, and other Ethereum standards. 0x is not itself a decentralized exchange, but instead a system of smart contracts that connects liquidity providers and market makers in order to provide exchange functionality in a range of applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2871 ₮
▣ 24HVol: 4,637,944.833 ₮
▣ 24H Chng: 7.007%
▣ 7-Days Chng: 5.08%
▣ 1-Month Chng: 47.07%
▣ 3-Months Chng: 35.78%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.3069 | 0.3474 | 0.4176
◢ Support: 0.2367 | 0.207 | 0.1368
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.98
▣ Last 90D: 1.77
▣ Last 1-Y: 0.44
▣ Last 3-Y: 0.46
◲◰ Volatility :
▣ Last 30D: 0.98
▣ Last 90D: 0.83
▣ Last 1-Y: 0.91
▣ Last 3-Y: 1.21
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.61 - Bullish
▣ Reddit sentiment score is 0.46 - Bearish
▣ In-depth ZRXUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ZRX FORMING A RISING WEDGE BINANCE:ZRXUSDT is forming a rising wedge, or a bearish wedge potentially could see a reversal from a day trading standpoint.
In my technical analysis, the price has reached an essential key resistance level of $0.2720 or the .618 Fib retracement as shown in the chart below on a daily timeframe.
RSI indicator is showing a bearish divergence wherein it forms a lower high and the price forms a higher high.
Currently the price forms another higher high, the next resistance would be at $0.2967 if the price would push upwards based on the Fib retracement extension of 2.236. I could determine the next trendline as valid utilizing the back test process.
If you're looking to trade this coin NOW, use this diagonal support as guide. It also formed divergence as well.
If a breakdown confirmation happens, set partial take profits on the common support lines.
I will try to update on that :)
Always PLAN your trades and happy Halloween 🎃
ZRX/USDT Reclaimed the key area. Upward Momentum for ZRX ??💎 ZRX has undoubtedly garnered our attention. Presently, ZRX is navigating within a descending channel, having successfully reclaimed the demand zone and subsequently embarked on a notable ascent toward the $0.231 supply point, only to face rejection.
💎 It's conceivable that ZRX might retreat to the demand level for a retesting phase, gathering fresh momentum to breach the supply barrier. Should ZRX manage to puncture the supply zone promptly, it could potentially shatter the descending channel constraints, propelling itself toward a higher supply region.
💎 However, there's a precarious scenario at play. If, during the retesting, ZRX falters at the demand level, piercing through and closing beneath it, this would signal a bearish turn for ZRX. Under these circumstances, it's likely that ZRX would sustain its descent, steering toward a substantial demand frontier.
ZRXUSDT - Second Target done.Congrats +220.40% roe x20 or 11.02%At the moment, we have reached the first target.
Stop loss is moved to $0.2520
I expect a further price reduction based on the specified take profits.
My trading setups are not investment advice, nor are they forced to trade. Spend your #dyor
ZRXUSDT - First Target done.Congrats +96.8% roe x20 or 4.84%
ZRXUSDT - First Target done.Congrats +96.8% roe x20 or 4.84% sAt the moment, we have reached the first target.
Stop loss is moved to $0.2620
I expect a further price reduction based on the specified take profits.
My trading setups are not investment advice, nor are they forced to trade. Spend your #dyor
ZRX is Ready To Give Us Some Profit? Try itWelcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."