krishisdead
Long

Longterm ZRX Daily Chartup

BINANCE:ZRXBTC   0x / Bitcoin
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The daily chart seems to have reversed the bear run during the end of January to the start of March. The long term resistance trend line will need to be broken before running any higher. A clean break with volume would do the trick for a long term bull run however if a break lacks volume , it could be a warning sign of a bull trap.

If it is rejected by the long term trend line it should pull back towards the long term ascending trend line where we would place our buy orders around. A hard stop loss running along the long term ascending trend line would be suitable. Anything below the long term ascending trend line would indicate a bearish sentiment.


Fib levels indicate a run to the 0.5 level isn't out of reach as it has already nearly been revisited since the lows. A break of the 0.382 level in the next week, without breaking the long term ascending trend line , would indicate a bullish sentiment.
Out @ 14k!
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In again at 10.5k. Holding long term, SL @ entry.
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Closed @ 12k. BTC looking to pull back.
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Making progress!
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Back in @ 9700 - Already at 10990! Holding this long term with no SL as long as BTC doesn't break 8.5k
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Stop loss triggered @ 1050. An easy 10.5%!

Looking to reenter around 950/1000 if BTC doesn't drop like a brick.
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Profit targets @ 12k, 13.9k and 19k
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Spot on call! Loaded up between 9k and 9.5k. We've already touched 11.5k, that's ~15% already!
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Time to buy!
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