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ZRX very uncertainFor starting I'd like to say, for those who missed it, that I'm bearish on BTC and from this point of view this pattern on ZRXBTC should be bullish. Secondly volume and indicators are not the in the best shape to support a bullish pump and ZRXUSDT looks like it has already broken out (a pennant in that case) but can't sustain the pump Here I see a symmetrical triangle which is usually a continuation pattern, in this case it should breakout and reach the target as I indicated on my chart. I don't think targets are much reliable lately though. I've seen EMA 200 holding and price which is good but I see volume going down on both pairs (BTC and USDT) and especially how the daily candle is shaping up after 2 other candles which are not very attractive for a long. My opinion: - if ZRXUSDT breaks out current resistance (0.743USDT) and closes over there you might enter as long as BTC runs out of steam (things I suppose gonna happen soon unless current BTC price get stustained from volume. - if ZRXUSDT gets rejected don't enter or short it - check ZRXBTC on the weekly, if it closes like this: then you can expect it going up I know, ALTS against BTC TA are always more complicated, this is the only one I'm into and hopefully will deliver sooner or later
by Shotokhan
Which Side will Prevail? ZRXUSD A chart for ZRXUSD I have identified both possibilities for price action for the bears, a triple top and a combined rising wedge. Both of these together make a good case for bears for the bulls, using the MavilimW indicator I have plotted a,b,c, showing a comparison to a previous point in the run up which may repeat I am siding with the bears generally because the Rising wedge is very indicative of a bearish short term move, which will lead to the breaking of the uptrend line, and movement down the side of the circle.
COINBASE:ZRXUSD
by Bixley
3
ZRX started the reversalIf you read my previous signal on ZRXBTC you'd be already familiar with my two support/resistance lines. As you can see the second one held and price started reversal there, I waited before posting this signal because BTC looked like it could pump more, which would have dragged ZRX deeper. This huge pump took ZRX over the R and even the ichimoku resistance, I expect now a retracement, maybe a retest of support and then the climb up should keep going until BTC starts the engines again. For the end of the year many see BTC around 100k, this should mark the begin of the end of the cycle. When BTC will reach that price we should see a massive outflow of money from BTC to major alts and then to all the others. I expect ZRX to start outperforming BTC after major alts as I don't see it as "major". If price retest support it might be a good window to entry but set a stop loss. Good luck!
Long
by Shotokhan
Turn It Up $ZRX #0X #0xProject Weekly Looking at our trend timeframe we can see ZRX continues to respect its downtrend since leaving an ATH imprint at $1.30. Stochastic RSI showing momentum is in favor of the bulls with no signs of reversal. Our most recent price action shows a break from $0.20 up to $0.40, leaving a new higher high. ZRX is now looking to confirm our higher low before continuing to the upside. Daily Shifting over to our pattern timeframe we can see ZRX looks to be stuck in an ascending triangle, our high point at $0.49, and our base at $0.32350. Stochastic RSI showing momentum was in favor of the bulls however we have temporarily slowed down.Expecting the price to consolidate from $0.32 to $0.35 before our next breakout. A look at our smaller timeframes will give us a better entry. 4Hour Finally shifting over to our trigger timeframe we can see 4hour support looks to be forming. Stochastic RSI showing momentum is in favor of the bears, however, a bullish engulfing at this level may change that. If the price is going to respect our triangle breakout and retest we should see ZRX at our 4hour resistance ($0.36).
COINBASE:ZRXUSDLong
by UnknownUnicorn2434649
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
Long
by fatpigsignals