The important line is lostWe have a pattern of three ceilings ...
An important line is missing ...
Ready to fall
sl: 0.7663
tp: 0.6594
tp2: 0.5928
ZRXUSDT trade ideas
0x ready for moon!!Hello everyone.
everything is clear, with this risk/reward ratio ZRX is very promising.
Just wait for the monthly candle to be closed.
zrx should have published before 3, played out exactly so far...zrx should have published before it hit 3, played out exactly so far...
just learning here, if you see this, pay little or no attention
ZRXHello Friends,
ZRX made a falling wedge and when it breaks the resistance line of the wedge it can test the previous trendline. You can see the details on my chart.
ZRX Bull Flag LongNice clean bull Flag stucture formed on ZRX. Currently Ranging but making higher lows towards the resistance and most likely going to break through if Bitcoin doesnt take a shit.
Trade Safe.
0x PredictionWait for 11:00 UTC, analyze shortly after. Probably wont go out of pattern and will rise again
Long - ZRXLong
Reasoning,
Settled 2h Demand (blue box) confluent supports on VPVR,
Place bids: 1,06 / 1,03
Invalidation point: 0,97
ZRXUSDT - UPDATEZRX looks to have also found support since breaking below.... what we can see now is the market has formed a nice inverse head and shoulders on the daily timeframe and is currently testing the strong resistance, if we see a daily close above this zone it will once again be turned support and after the correction we can drop down to lower timeframes and look for a valid entry to long.
Ox (ZRX) formed a big bullish Butterfly for upto 260% big moveHi dear friends, hope you are well and welcome to the new update on Ox (ZRX) token.
On the 4-day chart, the price action of the ZRX has completed the bullish Butterfly pattern. There is also 100 simple moving average support in the buying zone and the 200 SMA below this zone.
ZRX Conservative Bullish TradeJust spotted a Bullish Butterfly on ZRX.
There is also divergence in the MACD.
Advantages of this trade:
A handsome Risk Reward,
The Butterfly is almost to good to be true. It has very precise ratios.
Extremely conservative trade.
The retracement to 23.6% retracement is very likely.
There is a nice W in the 1hr chart that is giving a solid base for a nice PRZ. (Potential Reversal Zone)
Disadvantages:
Is not alt season.
Is crypto.
Dump can happen anytime.
Target :0.2117 (23.6% retracement level). If you want to be bit more agressive you can go for the 38.2% and even the 50% and 61.8% retracements. Perhaps you can do this by trailing your stop. Personally i rather go conservative.
Stop Loss: 0.1576 (very tight)
If you like the analysis, a like will be greatly appreciated.
One day we will feast together.
Cheers.
🆓0x (ZRX) May-20 #ZRX $ZRX0.9$ and 1$ are reliable support zones that we can buy ZRX for a quick recovery up to 1.6$ and 2$ in this May.
But if it dumps again and lose the 0.9$ zone, the 0.6$ zone will be the next target
📈BUY
-Buy: 0.97-1.03$
-Buy: 0.88-0.92$. SL if B
📉SELL
-Sell: 1.56-1.64$. SL if A
-Sell: 1.95-2.05$. SL if A
♻️BACK-UP
-Sell: 0.88-0.92$ if B. SL if A
-Buy: 0.58-0.62$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ZRXUSDT bounced on the trendline 🦐ZRXUSDT bounced on the trendline and now the price wants to test the descending channel. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
$ZRX. Looks to be tradeable.ZRX is in a good support region. Look for the control lines to take profits. Or else just use this as an excuse to go long ZRX and see what happens if you don’t enjoy sitting around all day and waiting for a breakout.
ZRX cypher setupWe have long opportunity once we break ~1.7687$
I'm expecting that we break above B and then test the red supply line.
Once 1.7687 becomes new support level we should go higher and break supply line all the way to 0.786 or 0.886 Fibonacci ratios D point at PCZ ~1.9369$ or ~1.9957$.
Entry: Break B ~1.7687$, back test it as support.
TP1: 0.786 - ~1.936$
TP2: 0.886 - ~1.995$
Stop loss:
Should below close of B ~1.74.
Depending on market conditions and what BTC is doing we could go higher above 2 Fibonacci ratio all the way to 2.618 at ~2.15$.
Will update idea if we get their.
We should look for market exhaustion at PCZ ~1.9957 where a short opportunity could present itself.
