- 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...
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Everything on the chart.
open pos: market
target: 1.5 - 1.6 - 1.8
after first target reached move ur stop to breakeven
stop: ~0.97 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck everyone!
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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.
ZRXUSDT looks strong, EMA is on top of the long time support. 0.38 Fib level just breaked out with a strong volume. I do believe next stop is the golden pocket, 1.68. Enjoy the ride. Put your stop loss around 1.10
Attempting a key level after an initial rejection. Waiting for a BCR within the cyan box for an entry to ride up to multiple targets. Depending on how bullish the overall crypto market is, we could see this take us beyond target three. Will reassess if we get there.
Don't enter without a retest.
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
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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
ZRX looks bullish considering dominanance looks bearish as well as most of the altcoins below SMA200 hitted SMA200 or even higher, so we expect ZRX to follow ETH as well and hit at least its SMA200 which is around 1.24.