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ZRXUSD trade ideas

ZRXUSD About to break its Bear Cycle. Potential target $6.000x (ZRXUSD) made an impressive price jump yesterday after making contact and rebounding on the 1D MA50 (blue trend-line). This chart is on the 1D time-frame but the RSI below is on the 1W while also the 1W MA50 (red trend-line) is displayed. As show, the Bear Cycle since the April 10 2021 High has been dictated by a Lower Highs trend-line. Right now the price is close to making contact with that level for the first time since October 31 2021. This is a similar pattern with that of April 2019 - February 2020. Excluding the Black Swan event of the COVID market crash in March 2020, when the price broke above the Lower Highs, the market gave a confirmed signal of a new rally. Notice how the third Bullish Cross between the 1D MA50 and the 1W MA50 gave a confirmed signal. On the current Cycle, if those two cross again, it will also be the third time. Technically the last confirmation will come when ZRX breaks above the Resistance Zone, which is made of the last Lower High. A rally towards the 2.0 Fibonacci extension would be the technical target. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
COINBASE:ZRXUSDLong
by TradingShot
5
💡Don't miss the great buy opportunity in ZRXUSD @0xProjectTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6878). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZRXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 0.7853 TP2= @ 0.8387 TP3= @ 0.8827 TP4= @ 0.9669 TP5= @ 1.0402 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:ZRXUSDLong
by ForecastCity
2
💡Don't miss the great buy opportunity in ZRXUSD @0xProjectTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6878). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZRXUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 0.7853 TP2= @ 0.8387 TP3= @ 0.8827 TP4= @ 0.9669 TP5= @ 1.0402 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:ZRXUSDLong
by ForecastCity_World
4
Trade on ZRXWhat you see here is a falling wedge with a target of $1.00 with more confluence for a short trade. Between $0.94 AND $1.00 is where the trade should be made. Confluence: - Old POC ( not a naked POC ) - VAL slightly below. - Daily level - Target falling wedge - Fibonacci Time on start/finish falling wedge - Fibonacci Fan - And the big one: the golden pocket. With all those reasons I think it provide a good trade opportunity. This potential reverse zone ( where price is likely to fall ) is not small so you have to wait on confirmation on the smaller timeframe for the perfect entry. ZRX is in a bear trend in the bigger timeframe which helps the trade to succeed. Target should be below $0.6. Edit: Fib time label 25 of March should be 25 of April of course. COINBASE:ZRXUSD
COINBASE:ZRXUSDShort
by Chahin073
1
ZRX/USDT - Potential 220% SetupHello Traders! ZRX completes the previous cycle and completes the fall phase. The new cycle begins with the accumulation phase. The zone of interest of buyers is in the range of $0.305 - $0.480. For a medium-term trade the first part of purchases should be made in the range between $0.305 - $0.395. And the second one after the price goes over the level of $0.480 with fixation. The profit taking targets will be price levels $0.94 $1.16 $1.31 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ZRXUSDLong
by UnknownUnicorn10064030
3
ZRX Bullish sign and next targetsToday ZRX shows the first sign of strength and a bullish reversal sign after a three-month bear market with a long green bar - accompanied by relatively high volume - started near $0.58 strong support towards resistance area – previous high. One more bullish sign in the short term is that price closes above 20MA. Yesterday, ZRX tested support level, formed that way a higher low. The bullish reversal confirmation will come after bearish trendline breakout. If you want a stronger signal to go long wait until price breach $0.70 support and 20MA cross above 50MA (Golden Cross). Stop loss or alert: slightly below $0.578 Take profit: $1.20 – 1.41 (Fibonacci Retracements) R/R: 8.98 – 12.35 ZRX may reach $2.5 – 3.00 or more at the end of the bull market.
KRAKEN:ZRXUSDLong
by Rhaonnor
There is one direction "UP"ZRX broke a downtrend channel in an uptrend (yellow lines) After yesterday's declines, we tested the resistance line (red), such testing is a bullish signal and confirmation of increases. It is quite a key place because it is connected with the lower limit of the uptrend and the average (orange) trend. As I can see it now: the ZRX is going to be gaining momentum and at some point it will go very steep. This is confirmed by the Choop index which is close to the values ​​signaling strong movement. Which side the market will decide, but taking into account the sentiment on the market, for me it is 9/1 for increases. It remains to wait for this moment of a solid breakout.
BINANCE:ZRXUSDLong
by JohnBat
2