Pips_In_Paradise
Long

$ZRX, Red Days Ahead…

BINANCE:ZRXBTC   0x / Bitcoin
Weekly
Looking at our trend timeframe we see price has formed a double top: top 1 at 20000 and top 2 at 18000. Stochastic RSI showing momentum is heading towards the downside with no signs of slowing down. ZRX is currently testing our psychological support level , possible reversal at this level. Overall I’m expect a drop towards our dynamic/horizontal support level at 11000. A daily close above 15000 activates our trade.

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Comments

When was the double top happened in this coin!?
We never got to 18 and 20 level

Don’t understand the chart. Sorry
Reply
@meveme, Top 1 was when price hit 20000 on 05/07 and Top 2 when price tried to break 18000 again on 07/09 = Double Top (Reversal Signal)
Red days ahead means we will be seeing price fall for the next couple of days, the airplane represents what price will do once my target are hit.
Thank you for your time, enjoy the rest of your day :)
Reply
meveme Pips_In_Paradise
@Pips_In_Paradise, ok thank u

I knew what ur chart shows

But u have LONG
if price goes down next couple of days
Why LONG!?

Anyways
Tnx :))
Reply
Well
Then why red days ahead then!?
What does this mean!?

Then u have an airplane
Hmmmm!!!!!!
Reply
@meveme, Because I am long on crypto always...if in a bear market
thank you again :)
Reply
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