ZRX recently has been doing it's correction, completing 'M' pattern and the trendline seems to be holding it quite strong.
I expect it to bounce up to $2 with possible wick up to $2.35
Binance: 0X (ZRX) buy / long H4
Entry: 1.16
SL: h4 close below 1.05
TP: 1.4 - 1.45
0X protocol is an open-source protocol and enables peer-to-peer exchange of tokens on the Ethereum blockchain. Several projects have been developed on 0X, such as Radar, ParaDex, and DeversiFi.
The protocol is built on an off-chain order relay with on-chain settlement. Specifically,...
- 0x - ZRX - Rank #101 - Token
- 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
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio...
4 times of rebound whenever the price touch the bottom.
Buying pressure came in whenever at bottom half of trading range and this is bound for long opportunity.
Entry range: $1.15 to $1
Target: $1.6 mid term, long term $2
SL: $0.90
This analysis is a review of the #ZRXUSDT daily chart and we can expect good growth from this Cryptocurrency considering its movement and reaction to the price range in which it is located. (Buy Recommendation) But Always do your own research (DYOR)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis...
ZRXUSDT | PARALLEL CHANNEL ?
ZRXUSDT is trading in upward parallel channel
It has base support at 0.9038 (fib level)
Trade Plan:
Buy Level: 1.0017 - 1.1154
SL: 0.9038
TP: 1.3216 - 1.4647
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Everything on the chart.
open pos: market and lower
target: 1.4 - 1.7 - 1.95
after first target reached move ur stop to breakeven
stop: under 0.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on...
Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 1.5 - 1.7 - 1.9
after first target reached move ur stop to breakeven
stop: ~under 1.08 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on...
ZRX is forming ascending triangle , after breakout and retest , buy some from this coin and put stop loss below the support . thanks for like and comment.
We have some similar signals here for 0x (ZRXUSDT) to what we just saw with Alien Worlds (TLMUSDT).
Strong candles with very high volume to break above EMA10/50/100 and MA200.
The MACD is in the bullish zone while showing plenty of room available for additional growth.
The RSI is at 66.66.
Just 50 is considered strong, 66 is super strong.
We don't need to get...
Breakout pattern sees 0x reaching major resistance at 1.30 after breaking out of symmetrical triangle pattern. Possible retest of lower levels before continuation.
BINANCE
