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ZRXUSDT trade ideas

ZRXUSDT: Local Waves Count And Good OpportunitiesThe ZRX coin was included in the list of my trading plans to track the possible opening of a positions. The wave structure is well read and the trading plan has excellent risk to profit parameters. In general, my approach is that I expect the end of the decline within the expected zigzag and the continuation of the price recovery within the upward wave C of wave 4. For a long position, the risk to profit ratio is about 1:5. In addition, after the completion of the impulse in wave C, I will expect price decline to new lows, which in the future may allow you to get a good risk to profit ratio of 1:3 for a short sales. I advise you to carefully consider this trading plan, because. it is in some way a standard in the methods of planning trading actions. In addition, I do not rule out (just in case) an alternative scenario for the development of events, when the downward movement has already been completed, and wave C will turn out to be wave 3 in a five-wave upward model. Best Regards, CEO Tornado Capital
Long
by HurricaneCapital
ZRX - As you name the boat, so shall it sail🌊 ⛵ Reasons to take short: ⭐️ BTC bearish ⭐️ Trendline 9 days long ⭐️ Trendline is clean ⭐️ Collected stop-losses ⭐️ Buyer loses power ⭐️ Price is squeezing to the trendline ⭐️ 5th touch ⭐️ 70 ATR, coin at high ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
5
ZRX touching ressistanceIf bitcoin drops again to local low at 26k alts will follow, it might be a good idea to enter here a short trade because it looks like btc is going to drop now. The reason for choosing this coin is that it just hit the resistance level and here we have two possibilities: 1-Btc drops hard at weekend and we make a 30% profit shorting it till bottom. 2-Btc pumps and we lose a 6.7%. If the second possibility is given and it be a breaks out the resistance looking for a long might be a nice option. Entry now at 0.46 with stop loss at 0.495 and targets 0.353 and 0.30. At 0.436 stop loss to entry. Not a financial advice do always your own research.Only risk very small amount in this trade if you decide to take it.
Short
by piccard54