0x / BitcoinLong
ZRX bullish short term with more potential long term
Updated
Short term bullish trade on ZRX
enter now at .00002760
Entry: 0.00002760
Stop: 0.00002612
Target: 0.00003150
2.6 R
Notes: Short term, I'm looking for a repeat of the fractal that played out 3 times this month already.
caution, there is bearish divergence on rsi, at least.
I think this is a relatively safe trade, though not as sure as my previous AION idea.
Long term note: This could be the beginning of a much larger bullish move, maybe even surpassing in exponentiality, the rise from September 2019. On daily chart, there is a nice rounding bottom to the correction from that September move, and zooming out, only paints bigger number possibilities.
but for now, lets try to hit a 2.6 R trade.
UIOGD - JMJ
Travis
enter now at .00002760
Entry: 0.00002760
Stop: 0.00002612
Target: 0.00003150
2.6 R
Notes: Short term, I'm looking for a repeat of the fractal that played out 3 times this month already.
caution, there is bearish divergence on rsi, at least.
I think this is a relatively safe trade, though not as sure as my previous AION idea.
Long term note: This could be the beginning of a much larger bullish move, maybe even surpassing in exponentiality, the rise from September 2019. On daily chart, there is a nice rounding bottom to the correction from that September move, and zooming out, only paints bigger number possibilities.
but for now, lets try to hit a 2.6 R trade.
UIOGD - JMJ
Travis
Note
nice uptick in volume, but I would have liked to seen it run a bit higher in price, to match the fractal. consider moving stop up to lock in profit, or at least make it a risk free trade.Trade active
The fractal doesnt appear to be playing out as before.. however, this trade is still profitable.If not already, really, move up stop so it is risk free..
OR... to close it here would net 1.3 R profit... half of the target.
personally, I am closing 50% of trade, AND moving stop to .00002775
Trade closed: target reached
Initial target of .00003150 hit ... and then some. Target has been reached. This is still one to watch long term.
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