ZRX could be heading to the lower support level with BTC pushing higher day-after-day
RSI looks like it might break below the range and this could happen on a final BTC spike up to 5800-600
There could be nasty wicks on alts pairs so be carefull with entries and SLs
ZRX doesn't look the greatest right now but it could very well be forming a double bottom here near the lows
Sitting right at support, a strong move away from this demand zone could spell some very nice upside in the coming weeks
A break to new lows could spell problems and the trade would be cut
This is one of the more dormant alts that hasn't moved much compared to other mid-cap alts since Bitcoin price skyrocketed past $5.3k a few days ago. Expecting a good move pretty soon. Bullish Divergence and breakout of downtrend in the RSI.
ZRX pulling back into support after breaking above guppy is a good sign but we do need to watch out for this pullback as volume has followed this move down.
Continue to see the valid CRUP signal, which is good for bulls!
Target still remains at the 200MA
I expect this coin to fall a little more to the green area before breaking to the upside..
Already seeing reversal signs as divergences in RSI that is coming out from Oversold levels.
Set alerts & wait for potential confirmation! #ZRX
Weekly indicators showing that ZRX could be at bottom, it can turn bullish at any time.
Monthly Trend on Binance showing that it can go down a bit more but it worth a try.
Buy now 6300-6400 but don't go full, keep juice for a rebuy in case of.
Rebuy 5300 if it drops.
Sell around 7900-8300 ( don't greedy )
Don't forget to keep an eye on BTC.
Happy Tr4Ding !
Buy Price: Green Zone
SL: Red Zone
Profit: Blue zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 30 Percent
Looking at the chart of ZRX , we could see all indicators pointing to buy it , like RSI and 13 HMA crossed all HMA's in the 4H chart( indicating a reversal tendency)!
Also, ZRX is near of the a huge support ( orange lines ).
See me previous...