Here is the long-term chart for 0x (ZRXBTC) with long-term targets.
We are looking at 1147% Potential Profits to All-Time High.
Followed by as much as 1350% PProfits to a new ATH.
On the chart above we can notice:
Classic falling wedge (the most common pattern so far).
MACD at all-time lows curving up.
if the price opens above 0.382 fib resistance line (green arrow) , It Will have a good chance to move to the first horizontal price resistance line (dotted yellow line), then, It will be a matter of time, vol and momentum to reach the main target (bold yellow line)
Open at 0.00001765 if stochastic RSI is positive and going up (60% +) and...
Is 0x ready to pump even though Bitcoin is having a hard time?`Will it escape this ascending Triangle? Its worth giving it as shot with a good Risk Reward Ratio and a tight Stop Loss!
D4 - please leave a LIKE!
The price did breakout from the channel
and it is doing retest move at this point.
I think aroun 1700 sats. will be nice entry point.
Stop level is under trend line.
I will also post the general view of the chart, check below the page for it.
ZRX recently broke bullishly from a pennant, hit resistance around 2400sats and is currently retesting previous resistance (now support) as expected.
Ghost bars represent the ideal path over the coming days if we look to push higher and break out from this triangle-within-triangle pattern (green).
I have a SL set at 2200sats currently, as there is potential for us...
$ZRX / $BTC
Showing some accumulation under resistance at ~2400sats, If crossed aiming to 3000sats as potential 1st target.
Volume increased over the last days but we need continuation for a movement to the upside..