Get started

Zrx

I leave that in the roomThe herd will buy in 5-700% + Everybody was hyped at shiba when it had its all time high. So many guys lost money. Now its down by 90%, and it didn't do nothing for a while. Its extremely not trendy right now. The abandoned dog will strike back intensely and sharply. NOW is a great entry point cause cmon, you really think everything skyrockets and shib wouldn't have a second phase? Kind of naive right? But that's just my opinion, you don't have to believe me.
Long
by IAAFMM
15
ZRX in a good positionI haven't posted for a while about ZRX, recently it broke out from a triangle big triangle but the breakout didn't lead to a huge pump. Right now I noticed that price is getting squeezed between a trendline and EMA 200 so at one point I expect this to break upward, especially if BTC remains stable. An important data is VLPR, look at the control line, the buys at that price are a LOT and sells are very little so I think price should at least hold that level. Use a tight SL, EMA 200 must be your limit. Good luck
ZLong
by Shotokhan
Get Ready For Second Big Bullish Wave Of Ox (ZRX)SMA and key level support: After a powerful bull run the price of ZRX dropped at a very strong support of $0.50 which is a key level of support for the priceline of ZRX. Previously this $0.50 support level has been working as a resistance as well. Now the same time the price action of Ox has also bounced by the weekly 100 simple moving average support as well. Therefore, at the same time, the ZRX is having a strong support of 100 simple moving average and the key support of $0.50 Stochastic and MACD: After this drastic drop it can be easily observed that on the weekly time frame chart, the stochastic oscillator has entered the oversold zone, which is indicating that the ZRX is quite oversold now. If we take a look at the moving average convergence divergence (MACD) indicator then it can be also noticed, that it has started turning bullish, previously it was very strong bearish. Falling wedge and RSI: On the daily time frame chart, the priceline of Ox was moving in a falling wedge pattern. This is considered to be a bullish reversal pattern and if we watch the movement of the candlesticks within this falling wedge with the combination of RSI oscillator, then it can be observed that whenever the price line is reaching the support of falling wedge and RSI is visiting the oversold zone, the candlesticks are moving towards the upside and making attempts for the breakout. Finally, the price action reached the support while the RSI was entered the oversold zone. The price action of ZRX started moving towards the upside with the RSI and broke out the resistance of the falling wedge pattern. At the moment it is trying to break out the 50 simple moving average on the daily time frame. Big bullish Butterfly move: On the 4-day chart, the price action of the ZRX has completed the bullish Butterfly pattern. There is also 100 simple moving average support in the buying zone and the 200 SMA below this zone. The buying and sell targets as per the Fibonacci sequence of the Butterfly pattern should be: Buy between: $0.95 to $0.5555 Sell between: $1.26 to $2.00 The maximum extent of potential reversal zone to $0.5555 can be used as stop loss or to minimize the risk factor the 100 SMA can be used for this purpose. As per the above targets, this trade has a huge profit possibility of 260%, and the high loss possibility upto 42% but I would suggest using 100 SMA as stop loss to minimize the loss.
Long
by moon333
1