ZRX is within a giant falling wedge
This is VERY similar to the falling wedge structure on LTCBTC
These build up a lot of pressure until they explode to the upside
Such a long time within the falling wedge !
We have one more example of the same bottom pattern.
This is the "W pattern".
After the initial breakout you can always expect a retrace/correction before the next high.
We can also notice on this chart how ZRXBTC is moving above EMA300 and MA200 today.
We have dozens of green days.
This is why you can tell that Bitcoin will grow.
I will call it the "Altcoins...
We can see ZRXBTC (0x) moving above the MA200 black line...
This is a really good and strong bullish signal, high trading volume is still yet to come which tells us that there can be additional growth.
As I mentioned in the UNIBTC chart analysis, we look like to near support.
Even though we have a strongly bullish chart here, we normally skip this one for the...
For starting I'd like to say, for those who missed it, that I'm bearish on BTC and from this point of view this pattern on ZRXBTC should be bullish. Secondly volume and indicators are not the in the best shape to support a bullish pump and ZRXUSDT looks like it has already broken out (a pennant in that case) but can't sustain the pump
Here I see a symmetrical...
As you can see, ZRX is on strong support in the BTC pair. Breakout of the trend line will happen sooner or later. After that, we can expect an uptrend in the coming weeks.
Try to buy it partially near the support zone and set the stop-loss under that.
Last year I've entered too soon ZRX against BTC, I made a mistake and this can happen, however I think that as DeFi are awaking again and most of alts have bottomed, this might me an actual breakout.
To keep the chart more clear I didn't draw the Fib retracement but price went udner 0.786 and now is going up again.
Unfortunately pairs against BTC are more...
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If you read my previous signal on ZRXBTC you'd be already familiar with my two support/resistance lines. As you can see the second one held and price started reversal there, I waited before posting this signal because BTC looked like it could pump more, which would have dragged ZRX deeper.
This huge pump took ZRX over the R and even the ichimoku resistance, I...
As I anticipated the 28th of September ZRXBTC didn't promise well and unfortunately I was right (I say unfortunately because I'm a holder). As you can see the triangle broke downward and price is currently testing the first support.
At 1h and in some cases at 4h I see bullish DIVs on various indicators (MFI, CCI, RSI etc....) however for such divergences to play...
Well, I've been watching this for weeeks now, price is flirting too much with triangle's lower support. At 4h timeframe there's a bullish DIV but my gut says this will break downwards. Unfortunately I'd say since I've been holding it for months and I've entered from BTC.
ZRX was in the list of Teeka (a guy which run a crypto investment company) and usually his...
- 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...
I haven't posted for a while about ZRX, recently it broke out from a triangle big triangle but the breakout didn't lead to a huge pump. Right now I noticed that price is getting squeezed between a trendline and EMA 200 so at one point I expect this to break upward, especially if BTC remains stable.
An important data is VLPR, look at the control line, the buys at...
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...
BTC should retrace a bit and, if when this happen ZRXUSDT doesn't dump we'll see also ZRXBTC breaking out this triangle. This would be a perfect triangle end, however shouldn't this happen we might retest the base of the triangle.
Sorry for the short TA, I don't have much time this summer.