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eggstebantrader
Aug 22, 2019 10:37 PM

ZRXBTC moving strong ! Long

0x / BitcoinBinance

Description

ZRXBTC :

if the price opens above 0.382 fib resistance line (green arrow) , It Will have a good chance to move to the first horizontal price resistance line (dotted yellow line), then, It will be a matter of time, vol and momentum to reach the main target (bold yellow line)

some ideas
Open at 0.00001765 if stochastic RSI is positive and going up (60% +) and follow the chart

if you see the price goes down then you have a new chance! later

Trade active

for some of you, already made 10% profit on this trade, congratulation!

if you want to wait for more, then the market is active to continue to the initial trading target
Comments
UnknownUnicorn540299
what does the height of the triangle represent?
eggstebantrader
@viking83, @viking83, Since I am following the down trend that started on 18th OCT 2018 the triangles is a representation where the price started to go sideways within the the down channel and broke the base line of the main trend, to have reference point of a brake out. (this would be the yellow triangle) if that is not what you need please let me know.
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