Showing signs of hodling ~2900 sats support (matching EMA50/Ichi Cloud)
UCTS Buy signals on the 1-5D timeframes..
Bouncing from here should lead to a new test of ~3400 sats resistance level (~20%)
Tight SL just in case =)
1W From the local low, price has made a strong move into the weekly order block which has been strongly rejected..
On the 1D price came down and found support on purple line, also wicked down into the 25% range which showed buyers present.
200EMA is sweeping in to add to support, price may want to touch this before a...
ZRX 4H chart, rising wedge, bullish adam and eve, may lead to a bullish W formation if the weak regression trend of 0.57 holds. However a breakout would likely lead to greater upsides than the purple box listed, due to the prior structure looking quite bullish for the alt coin. Just a general analysis of pattern structures.
0x Protocol is quite promising for mid-term, let's see if it can grow short-term too.
Exiting this bullish pattern would probably propel it higher but this is a safe set-up:
Entry range= 0.00002815 - 0.00002763
Take Profit= 0.00003032 | 0.00003122 | 0.00003211
Stop Loss= 0.00002546
Risk/Reward ratio= 1:1 | 1:1.53 | 1:2.27
Expected Profit= 8.71% | 11.94 |...
ZRXBTC After Impulse formed falling wedge and now we break out resistance line.
RSI - growing
I see accumulation zone inside this wedge
Bitcoin dominance goes down and 0x coin with great growth potential and still no pump
Best regards EXCAVO
#ZRXBTC Profit update:
Current price 3401 Satoshi.
#ZRX now 29% up from our entry.
Still more rooms for upward side because Strong Cup & Handle Pattern.
Resistance: 3703/4700/5999/7751 Sat
Resistance = Targets
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In the short term ZRX seems to be taking off soon.
Jumped right back from the 200D MA which is bullish sign.
Consider these price movements as shakeouts. So do not give up on your alts. They are just getting started,
I entered positions around 2700 to 2980.
Added more to my bag yesterday around 3177 3185 3070.
MACD is bullish. This is a coin you can hold for the...
0x/BTC is very much likely to breakout upward from its years long descending channel.
If it breaks. Bullish
it it fails, still more buying oppertunity at it base.
BUY and hold for mind term play.
0x (ZRXBTC) conquered MA200 back in mid-October 2019 and is now testing this level as support.
Based on yesterday's candles volume, we could say that MA200 is as good as conquered... If prices for ZRXBTC can remain above this level, 0.00002613, we are likely to see massive bullish action follow.
Here we have a 220%+ target mapped.
This is not financial...
Short term bullish trade on ZRX
enter now at .00002760
Notes: Short term, I'm looking for a repeat of the fractal that played out 3 times this month already.
caution, there is bearish divergence on rsi, at least.
I think this is a relatively safe trade, though not as sure as my previous AION...
ZRX responding bullishly upon closing yesterday's candle above our 0.382 fib , currently trying to break out of this falling wedge; a daily close above 2900 sats would confirm this breakout, likely leading to further upside for the coming days. As shown in the TA, acting support remains at 2700 sats while strong/trend-determining support is at our 200MA around...