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ZRX: Bulls are leading!

Long
COINBASE:ZRXUSD   ZRX/USD
Hello, Traders!
Monfex is at your service and today we overview ZRX/USD.

ZRX shows us a good ascending movement and now we see the ascending triangle with the strong support lines of triangle, MA50, MA100. Stoch RSI enter the oversold zone. Classic Elliott Waves 12345 we can see on 6H chart below:

Two supposed trade signal below:

First Trade Signal by ZRX/USD
  • Buy by breakout near $ 0.3456
  • Take profit ~ $ 0.383
  • Stop loss at $ 0.313
    OR
    Second Trade Signal by ZRX/USD
  • Buy near the support lines ~ $ 0.318
  • Take profit ~ $ 0.383
  • Stop loss by breakout the level of $ 0.30

  • Market Cap
    $196 349 375 USD
  • Volume (24h)
    $41 904 141 USD
  • Circulating Supply
    601 198 566 ZRX

Share your thoughts, ideas about the market under the chart.

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Trade closed: stop reached

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