BINANCE:ZRXUSD   0x / US Dollar (calculated by TradingView)
This is simple buy startegy for bullmarket (1D,USD chart).
Buy opportunities are based off RSI and EMA200 close only.

1. When a shitcoin crosses over EMA200 properly (with good volume etc.), this is the time you start using this strategy!
2. This asset now needs to stay above EMA200.
3. Put a horizontal line at 50 RSI , when RSI is around that level, u start u looking for buys. When RSI hits 50 or lower, its a good buy opp . Risky buy opps are around 60-51 RSI .
4. EMA200 hits are your other buy opp if the price drops back that far.
5. No sell targets.

Sometimes the price may dip below EMA for a few days, so do not panic if it does! U should start to worry only if the price is over than a week under this magic line, or the price tests it as resistance on a daily when under.

After the accumulation range is broken u usually don't get EMA touches anymore, but when u look at RSI u can still get a few good entries before moon and lambos.

buy boxes:
green: good buy (50 or lower RSI , maybe touching EMA )
yellow: risky buy (60 to 51 RSI , far from EMA )

blue box: accumulation

Comments

Thank you for the strategy. I'm going to implement it and see what I get. Also, thx for setup.
+1 Reply
tugar26 bassackwards
@bassackwards, No problem, good luck man!
Reply
zrx is going to $9
Reply
Thanks for doing this. It will be fun to watch after today's reduction.
Reply
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