Hello all my friends! I am back with another quick trade idea for everyone!!! Make sure to like and follow to be updated on all upcoming altcoin breakouts! Lets get to the technical side of things and give everyone a quick overview on ZRX as well as what is around the corner as far as price action goes. As we can see ZRX has hit resistance attempting to...
Technical analysis: . 0X/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is...
0x: 1) Falling Wedge. 2) Possible Inverse Head & Shoulders, with right shoulder forming. 3) The cloud remains bearish on the daily but has flipped on the 4 hour, creating some bullish sentiment. 4) MACD looks sideways on the daily, though seems bearish on the 4 hour 5) RSI continuing rising trend on the daily. May drop down to rsi trend...
We never met the the negative 0.236 which is an algo target of this fib and as predicted we bounced from 77, although still inside a falling wedge and the big triangle trend line, we didn't want to play that. On the daily and big picture we have a big ass hidden bullish divergence but right now playing a bearish hidden divergence that will take RSI down to touch...
Accumulation in a falling wedge ready for a nice move up as long as btc doesn't fuck us :)) *NOT FINANCIAL ADVICE*
ZRX/BTC found strong support at 8k satoshis area, which has been rejected multiple times. Whether it means a trend reversal or just a correction is yet to be seen. However, the RSI produced a bullish divergence suggesting upcoming wave up. The resistance is seen at 10k satoshis area, that is a 40% growth potential over the Bitcoin. But, the recent low at 7789...
Buyzone 7750-7950, use 8% stoploss for this one, targets are 0.00010000, 0.00011000, 0.00012000, 0.0001260, 0.00014000
ZRX (0x) found some support on the purple weekly line, it looks like it is done accumulating and ready for a small uptrend to the monthly white support for distribution. I made an small entry on the purple support (weekly) in the green box, trying to trigger my selltarget at the red box (monthly support). Stoploss right under the purple line (weekly support) <...
As my lines show, we owe 0X money, the chart ends with the instrument in a negative state, its around -3 fedcents, meaning we have to pay zrx for holding their asset.
Holding the current level at ~8150sats could be a good trigger for a confirmation. If it bounces, my targets would be EMA50(green) 9100Sats (10%) and second target the upper trendline of the horizontal channel 10700sats. $ZRX
Buy Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Would like to see market turn around top of the channel, stop hunting towards 7500/7000 and then rally twds 15000
Target in orange in chart
ZRXUSD formed a beautiful head and shoulders pattern inside a falling channel. If this pattern confirms it could go down towards 0.25 - 0.26USD for finding new support. Still waiting for the pullback to finish. like the title says, be patient! Good Luck! This is not a trading advice!