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PurpleCrypto
Dec 30, 2019 2:12 AM

ZRX/USDT Medium-Term Trade Entry (Closed) Long

0x Protocol / TetherHITBTC

Description

ZRX (Ox) has been in corrective formation and we are now at what I believe to be the final upwards phase of this correction before it heads down again.

In order of importance:
1. Green lines
2. Grey lines

Our memium-term targets are as follows.

Target 1: 0.267 (40%)
Target 2: 0.364 (91.6%)
Target 3: 0.525 (176.3%)
Target 4: 0.630 (231.6%)
Target 5: 0.750 (294.7%)
Target 6: 0.868 (356.8%)

Buy zone: 0.18-0.19.
Profit potential calculated from an entry at 0.19.

A final sell signal will be provided on Purple Crypto Premium.


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(The targets on this chart have been calculated from technical analysis specific to this trade and are not suitable for use with any other trades.)


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Comment

ST1 hit with 40% winnings so far.

Trade closed: stop reached

Stop loss activated at 0.281 - 47.9% winnings since start.

Comment

Play re-started on Feb 27 at 0.2325.

Comment

Play paused at 0.2880 - 23% winnings so far.

Comment

This chart is now closed as the setup and targets no longer apply (use at your own risk).
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