0xbtc
Bull Breakout | Wedge | Trend Resumption | ZRXPrice action breaking above the Bear Channel. With a Pullback Completing in Wedge Breakout Pattern. Highly Probably to resume Bull Trend.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
ZRS Possible Trade Set-up Above 4840We had a breakout from Wedge previously and currently looks like we are in a Bull Trend (alteast in Range nor in Bear Trend).
Price is moving in Bull Channel and has formed a Range on small timeframe. We can take a long scalp after breaking above Smaller time frame Range
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
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$ZRX Huge Upside Potential Gain
Looking at $ZRX (0x) on the daily timeframe
Again just like almost all the other altcoins i'm currently trading, ZRX has been in accumulation for about a yaer and the longer the accumulation period, he higher the price will slingshot up
Accumulation zone is between 3100-3500 both marked out well respected weekly support levels
The price spiked up randomly to our 1st disyribution target at 5400 sats to a T and now back down into the accumulation zone
Great entry along 3550 weekly level, this is a newly found support level after touching our 1st distribution target
I have tight stops at 3550 around 2-3% drawdown, as opposed to a 11-12% drawdown because price still has the possibility of retouching 3100 sats before it goes back up
1st sell target at 5400
2nd sell target at 7915
Please be patient with this coin, again this is on a daily chart and this coin just broke out of a 1-year accumulation period so it's going to take a little bit of time for the trend to reverse. Keep a close eye on this coin if you aren't already
0x is an open protocol for decentralized digital asset exchanges that runs on the Ethereum blockchain as an ERC-20 token
0x protocol essentially is a standard messaging format and suite of smart contracts based on which the transacting entities can exchange digital assets or tokens
0x ZRX/BTC Triangle Breakout Potential 35% + short term profit0x has been undergoing a consolidation phase over the last 2 weeks after its meteoric rise.
We can observe a clear breakout attempt over the past day, as higher term frame indicators have reset and look to be ready for a new leg up.
It currently just finished a candle close above the 50ema on the 4hr chart, which is a very promising sign for potential continuation.
RSI approaching bullish territory.
Macd cross + first green histogram bar printed on the 8hr.
Daily stoch rsi has all but bottomed out and finally made a cross upwards. Potential points of profit are indicated in green.
All positive signs.
With the rest of the alt coin market going massively bull, this may be ZRX's time to shine and potentially set new highs.
Stop loss indicated in red.
This is not trading advice.
ZRXBTC in Giant Bullish Triangle ZRX/BTC, despite the extreme fall of the BTC, has barely moved and continues to consolidate in the huge Bullish Triangle. Price movements decrease over time and the price level is compressed, followed by BreakOut. If the ZRX allows us, I will certainly get it at 2750sats, from which I expect a reflection towards UP. As support we can consider the BK231 indicator, which is starting to have a growing tendency and this suggests the transition from the correction to the impulse structure. In the case of Fake BreakOut, I also charted the Re-Buy zone at 2100sats. Further in the chart you can see the Key and Bullish zone, these levels will have a big impact on the future development of the chart. In the Key Zone, we have to notice the reaction of Bulls and Bears. Once we test the Bullish Zone, the chart will continue to UP to fill our Target. The first Take profit zone is determined by the horizontal resistance (5100sats) and the second Take profit zone is the Fibonacci projection of the 1,618 first pulse wave (6230sats).
ZRX/BTC only bullish indicationHello traders,
Zero X is on a clear strong bullish momentum, the price broke the long term downtrend line, made a pullback to test as support, we stay above a important support level and acumulated, now we just broke the short term downtrend line, a uptrend is coming for Zero X.
Very Very Bullish.
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ZRX/BTC Cup & Handle Pattern Strongly Bullish#ZRXBTC Cup&Handle Pattern:
#ZRX now Strongly bullish and Brokeout Handle Resistance also
Entry: 2619-2800 Sat
Targets: Resistance
SL: 2550 Sat
if any candle close bellow Red trend line then I will Exit.
So I bought at Brokeout Trendline Handle Resistance.
and My Target will be Resistance.
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ZRX/BTC
ZRX responding bullishly upon closing yesterday's candle above our 0.382 fib , currently trying to break out of this falling wedge; a daily close above 2900 sats would confirm this breakout, likely leading to further upside for the coming days. As shown in the TA, acting support remains at 2700 sats while strong/trend-determining support is at our 200MA around 2600 sats; A daily close beneath this would invalidate this bullish structure. Feel free to use our resistance levels as take-profit zones
-Happy Trading, FatPig Team
There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000021)
Ending of entry zone (0.000015)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.000030
TP2= @ 0.000040
TP3= @ 0.000055
TP4= @ 0.000070
TP5= @ 0.000080
TP6= @ 0.000100
TP7= @ 0.000121
TP8= @ 0.000149
TP9= @ 0.000186
TP10= Free