0xOk, here's what I think could happen.
The original idea was removed so I'll do it a bit more serious this time.
ZRXUSD trade ideas
A chart so I can access it without having to loginI think Trading View should allow people to look at their charts without to login every time. But since they refuse to allows this, I have to publish this very basic chart. Enjoy!
ZRXUSDAs long as it remains above the 0.280 level, it may be expected to target 0.299.
If the level of 0.299 is exceedable, the 0.341 level may be the target.
ZRX, the coin no1 wants. Look @ this bad boy.As my lines show, we owe 0X money, the chart ends with the instrument in a negative state, its around -3 fedcents, meaning we have to pay zrx for holding their asset.
next couple hours will tellZRXUSD formed a beautiful head and shoulders pattern inside a falling channel. If this pattern confirms it could go down towards 0.25 - 0.26USD for finding new support.
Still waiting for the pullback to finish. like the title says, be patient!
Good Luck!
This is not a trading advice!
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0X/DOLLAR 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 53.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.345400 to 0.257000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.345400)
Ending of entry zone (0.257000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
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TP8= @ 2.058300
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BTC rises and so shall they//ZRX Trade UpdateThis crypto penny is a strong one. We reentered around the consolidation at 31c we mentioned earlier. Now we are in clear move to the upside in a channel.
Best advice is to hold now because even the RSI is just looking very very bullish as well as the MACD. Hold till we fall out the channel then sell hard...
Now we just want to keep our eyes on the double top's that we have been seeing in this market. I say wait till 35c to kill it.
ZRX Trade Update- Keep tracking price action. A lower move to our buy zone is still on the horizon however the rsi is getting oversold.
If this consolidation drags on longer we could be going lower to test the initial entry of our last trade.
ZRX short trade #2We have closed out our previous trade as our rally has lost steam. With that said we are headed for a steeper correction then I had anticipated which is great for another rebound.
I believe through indicators and trend analysis we will retest previous support and buyers will be waiting down there.
Lets short the bounce we get out of ZRX again and again till its all over. Stop complaining about bear trend and get your money man...
Expect a bounce from 31c thats what I forsee happening however we may break down further and retest levels we started this rally at.
ZRX Trade- Steeper correction looks imbound. SELLIts to early in the formation to tell but it looks like our ZRX trade has lost steam on the way to 35C. Thats our secondary. If we could recover at 31c our first target will still be reached.
Keep holding if touches 31c sell. If you see a bounce on 31c lets hold and wait for further confirmation to add in that position. Lets not get tied up in emotions or FOMO because I see a lot of people doing that and we do not have enough volume still to figure this is not a dead cat bounce.
Lets TRADE and be unbias to our situation. We want moon but we may need to build the spaceship still....
ZRX Falling WedgeKeeping a close eye on ZRX this week to see if it can break out of this falling wedge.
Lets Trade: ZRX Bullish Pennant brekaoutSo far the boundaries on this pennant have been respected and it seems that ZRX is setting up for a move to the upside.
Wait till pennant has been broken out of and the RSI/MACD provide positive divergence.
TRG1: 31c
TRG2: 35c
ZRX Long IdeaSymmetry & Equilibrium
ZRX Good choice for long imo.
Good fundamentals, a coin that that will survive when others will fall.
ZRXUSD-Initiate STRONG BUY-Primary Wave Extending (Coinbase)COINBASE:ZRXUSD is the best performing alternative coin on coinbase.
I would trade your 'BCH Coinbase' for ZRXUSD before BCHABC collapses....
Primary Wave is developing and extending...
Coins Performance on Coinbase.
Count:
Fib Extensions
Fib Time:
Targets:
Trends and price pointsWhen doing TA you need to have several pieces of the puzzle fitting together before you can make a positive decision.
Some of those factors happen over and over again
look for previous price points of interest, these emotional points will often give you a good indication for entry and resistance exits.
Trend lines are very important lines for support and resistance. Get into the habit of updating your trends on a regular basis.
