At daily timeframe this breakout looks healthy. If you had eyed this trade but didn't enter because wanted confirmation for an entry THIS IS IT. Further than here it'll be kinda late. Remember, in AltsBTC pairs to go up both USDT and BTC pairs must go well, in this case this is happening. Before BTC goes crazy this is a good window to enter. If you entered when...
Hello all, I am very bullish on ZRX, more information in the charts. not a financial advice tho ! GL !
We're currently on 0.786 Fib line, if we go under this one this wedge it'd probably gonna break downwards, at least for what I've read/seen about wedges (write if you have different experiences). If you like to see the silver lining be informed that MFI indicates a bullish DIV on the daily and price is right on the BB lower band (not shown, I've free account,...
An ascending triangle has formed over the last day. The chart strengthened over the last twenty four hours- volume picked up and the price has held.
We could see a return to around $1.40 perhaps higher over the next few days.
Reviewing some old ALTs. ZRX at and interesting juncture. Price action looks like a retest to me into support following a break. Best, Hard Forky
Correction and retest almost complete. My buy zone is 2400-2200 sats. Let me know your opinion.
In some of my previous TA I said that recently I've seen a lot of coins doing a reversal between 0.618 and 0.716 Fib lines. The fact that price bounced on EMA 200 between those levels makes me think that this can possibly end up in a breakout. The only bad sign is the daily candle which, should it close like this, would be bearish. Remember that very often wedge...
Now is a good time to buy this currency and if target 0.000032 targets target 0.000039 is available
ZRX/BTC is set up for some bullish action, as the 50 Day Moving Average has now Crossed up and over the 100 Day Moving Average, on the 1D chart. This represents the Golden Cross, the MA50 (shorter term) movement climbing above the longer term price, can mean a turn around is coming. The other charts are showing similar patterns, some with cup and handles...
If BTC continues to range in healthy pattern I'm liking the action on ZRX for next week.
ZRX look good . I think in the next few days we will see a good movement
ZRX didn't find enough volume to break out from the wedge so down to 0.786 Fib line we go. From there we must go up because this wedge won't have much meaning anymore. In any case this project good so it's reasonable to expect a good pump sooner or later! Let's hope sooner! Use my drawning to find a good entry point.
77% back to the top of the accumulation range if we break out targets are 156% followed by 442% undervalued defi token need i say more? volume on the monthly appears to be building
My portfolio is bleeding very badly, however the trades with BTC pairs can actually benefit from this crash. As you can see EMA 200 is below the chart (it's the same at 4h and at 1h the candles go up and down). For the moment we can assume that the trend is still bullish even because RSI is over 50%. I'm sharing the daily chart because it's easy to see the...
As you can see the BTC dump initially benefitted ZRXBTC pair, now I don't know why it's going down as well but makes no sense. I think if you wanna enter ZRX on the BTC pair this is technically a good moment, but this if market follows TA rules and reasoning which is not something to take for granted nowdays