TradingView
NickTheGreatStockTrader
Feb 11, 2021 12:57 PM

ZRXUSD Technical Analysis (Symmetrical Triangle)  Long

0x / United States DollarCoinbase

Description

Introduction
Hello trading view! I am doing an idea on ZRXUSD today, which I think can go up to over 2$ if there is a move to the upside. That could be around a 20% gain on capital, assuming you bought near my entry point.
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Technical Analysis
There is a symmetrical triangle pattern on the 1h timeframe that might break out to 2.01$. Our stop-loss is below some key support levels, and our entry is above them. Here is the rest of the information concerning the trade:

Entry: 1.68
Exit: 2.01$ (20.18%)
Stop-loss: 1.59$ (5.04%)
Risk to Reward: 4
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Final thoughts
Hopefully this trade works out! Good luck and great trading everyone! (Will keep you updated on how everything goes) Links down below to past successful trades!

*not financial advice.

Trade active

The pattern is confirmed, and ZRXUSD is well on it's way to my target... 1.79$ is the current price, and it has to hit 2.015$ for me to say my prediction was accurate. Let's see what happens!

Trade closed: target reached

The target has been reached! This was a successful trade.
Comments
pablovip3
I'm keeping for long term anyway,but I'll cash maybe 30% if jump over 2$
NickTheGreatStockTrader
@pablovip3, not a bad plan. If it does go over 2$, then you can make some money, and still keep 70% of your investment in ZRX just in case it keeps going higher and higher.
pablovip3
@NickTheGreatStockTrader, Im not a trader but what are You thinking.ATH or over is on the corner?
pablovip3
Ok.From when is above 1.8$ that's fine,but I hope for jump over 2$ at least 😃
NickTheGreatStockTrader
@pablovip3, we all hope for a security to go up so we can make money... unless you are a short trader.
pablovip3
Any futher prediction for zrx?
NickTheGreatStockTrader
@pablovip3, Not yet. I will let you know when I find something. Good luck and great trading!
seldaki
great job!
NickTheGreatStockTrader
@seldaki, Thanks!
Otap7
Great Job! Your TA was perfect!
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