*Swing trade opportunity*
0x (ZRX) breaks RSI resistance against Etheruem, time to go long and increase your Ether bags. Higher lows are also evident on the weekly chart, with a perfect bounce off the 0.786 Fibonacci golden ratio,
weekly:
Third of my ZRXETH series posts that has been playing out since July of 2019. ZRXETH has been correcting for several months after a huge pump in the fall, but I expect the correction to end soon. This post is slightly more premature than I prefer, but as a long-term swing trade opportunity, the trading window is pretty large. Technically, there could be some...
You should put some attention on ZRX.
The direction is still not decided.
A close above 0.0016 ETH will open to a big green wave.
The area around the 4d 50MA was supportive for whole 2018.
The area around the 4d 100MA was resistive for the whole 2019.
We are now in 2020 and price is compressing between the two MA.
Close above 100MA = target 0.0030
Close...
Heavy resistance, historically overbought, and bearish divergence. Long term looks pretty good, but it's time for a correction as people shift their gains into other coins.
Good day traders
We got a SHORT signal on ZRXETH from SwingBot
Trend: Bearish
Trade Risk: Medium
Price below SMAs
RSI: Oversold
BuyZone, Possible targets and Stop loss are indicated on the chart
Check out how to use my trade signals in the link below
If you are interested in using SwingBot to create your own signals, send me a message for a free trial...
We got a LONG signal on ZRXETH from SwingBot
ZRXETH had a very strong bounce, so be sure to ladder back into the buy as ZRXETH will probable retrace, use the indicated box as buy in zone
Possible targets and stop loss are indicated on the chart
Check out how to use my trade signals in the link below
If you are interested in using SwingBot to create your own...
So I've posted a few of these bear experiments with new calls that I've made recently, but there are a few that have been stewing in my personal repo for a while. I was flipping through pages when I found this dusty old bag. I drew all of these lines a better part of a year ago, and it's probably my most accurate long term call so far to date. The wiggly...
We received a LONG signal from SwingBot on ZRXETH, a signal we have not seen in weeks
If you are interested in a trial run of my SwingBot, send me a message
With some alts riding higher recently and few even calling the start of the alt season, many alts have yet to break out. ZRX as one of the Coinbase ERC20 tokens has been silently waiting and could be one of the next to break out. Putting some of my ETH into this.
ZRX is retracing on 1d chart. Buying zone is the within the box. It is likely forming a w pattern and also get momentum to breakout
Profit target is as per Fib levels.
BUYING TARGET IS THE GREEN BOX
PROFIT TARGET IS THE FIB LEVELS
Price now is retracing to get more momentum (RSI and stoch RSI pointing down) for breakout.
Technical analysis:
. 0X/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is...
