The current pullback can be interesting for sellers, although it might be extended further, thus might provide a much better RR ratio. But overall, this ZRX remains bearish in the short to medium term.
Actually its not just the small range that is in accumulation but the entire range! We just had a small distribution in the upper range in order to make it possible to surpress prices for that long
Also note there are 3 Segments up to date now in the small range when applying percentage scaling a reasonable price target would be 2.5$ incase we dip there again a...
ZRX price is consolidating in the range of $1.04 - $1.16
On the daily timeframe, MA100 is in support, RSI indicator is in the bullish zone.
Volumetric and cluster analysis shows an increase in demand from buyers.
Buy entry can be looked for in two ranges:
1) At current levels of $1.04 - $1.16
2) In case of correction at $0.82 - $0.94.
- ZRX is prepared for a great pump very soon!
- Check my related idea about 0X vs USDT below!
- On the chart we can spot a falling wedge, which is very close to a breakout.
- The price is consolidating within Rectangle bullish pattern
- Also, we have a double bottom reversal pattern.
- For expected duration of the trade, probability, stop loss, profit...
- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge, that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- Check my related idea about 0X vs BTC below!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk...
After such a long consolidation and a decline on the ZRX in tandem with BTC, we finally start to move upwards. It looks extremely good, and when paired with eth (ZRXETH) it looks even better.
The MACD indicator starts to cross on the weekday which heralds a strong upward move from now to a week or two, there may be a strong break in the limits marked on the...
Hi, everyone You must have seen my previous idea about ZRX, it breakout then you must have booked that profit after that I suggested that it will make retracement. At resistance, it got rejected and pumped again so Enjoy your profits
Please like and comment to motivate me to do more
Hi, You can see my previous ideas it was all on point this is also you can check it playing according to my setup
so is it resistance now I can see a little bit retracement then you can entries
I always keep it simple to present an idea it always played out 90%
so please share you feedback follow for more ideas
Everything looks great ... it's a bit scary but the MACD and RSI indicators look very pro-growth.
Currently, we are dealing with a strengthening trend on DEFI exactly the same as at the beginning of this year. DEFi projects have accumulated energy and will it be released now? I think so because both the DEFIPerp index and the other defi project are in pro-growth...
One of the few projects with a real product (Matcha.xyz)
However, the coin serves no purpose as you can use their exchange without ever needing the coin.
DeFi index is also going down, so this will trend down as well.
No reason to stake ZRX either since the yields are terrible in comparison to others.
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Have a good day.
(ZRXUSD 1W Chart)
If the price holds above the 0.41591415 point, we expect the uptrend to continue.
In particular, if the price is maintained above the...
After the end of the 5-wave upward movement to $ 2.2, the ZRX saw a higher-level correction characterized by a 3-wave downward movement. Currently, the rate has rebounded from the upward trend that was set in March 2020. This is a strong spot from which we should see an increase to the level of around $ 1.6-2.2 which I scored from fibbo level.
When BTC has...