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ZRXUSDT trade ideas

ZRXUSDT 4H long setup after consolidation at major support levelTA Explained ZRXUSDT finished the pullback of the great impulse of last week. Price pulled back and spike into previous resistance area. Moved up and consolidated at level which is now considered local support. This area aligns with the 0.618 fib level. Now the price is looking for an upwards move again. And it looks very strong. Why? Have a look at ZRXBTC. Looks familiar? That's already interesting but the most interesting thing is if you zoom out and take a look at where the green dotted lines come from. We can conclude that price broke the a previous support level back in March - May 2019 which acted as resistance now. Price is consolidating right above it and gearing up for another attempt to break the upper resistance. Trade setup Best entries: 0.6820 - 7300 TP1: 0.8629 TP2: 1.0215 TP3: 0.2347 SL: 0.6325 RR: 7.19 Max leverage: 3x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge