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ZRX ready to rocketI have been monitoring ZRX for long time and covered some of the short-term trades before, but now I’m more interested in the long run as we might have a bullish reversal which could bring higher prices. Looking at a chart from NOV 18 to MAR 19, you can see the price made lower lows while RSI made higher highs – I marked the pattern with arrow and blue vertical lines. Now, let me explain RSI indicator first, before going into details. RSI is an extremely popular indicator that has been featured in a number of articles, interviews and books over the years. It is a momentum oscillator that measures the speed and change of price movements. I use it often to identify divergences. Divergences signal a potential reversal point because directional momentum does not confirm price. A bullish divergence occurs when the underlying security makes a lower low and RSI forms a higher low. RSI does not confirm the lower low and this shows strengthening momentum. The opposite of that would show bearish divergence. ZRXUSD made bottom twice and from there made higher highs all the way to the corner of descending triangle. The gap from the triangle could be very powerful, given the fact we have vitnesed long bearish trend. I’m long on the trade and looking at $0.5 as my first target. I will cover the trade when we get the momentum going – first we need to see a clear break from $0.4 region.
BITFINEX:ZRXUSDLong
by Tilen_tradershub
1
ZRX Ready For A New CycleWelcome Back! Who is ready for another altcoin ready to start popping off? Today we will be discussing ZRX because this is one that's painting a perfect market cycle. There are a couple key factors I look for when accumulating a market cycle.. I want to see new money entering the market indicated by volume, along with a breakout of the previous down trending resistance indicated by the last cycle, lastly, I want to see price at a cheap level where demand exists. ZRX has fulfilled all my indicators for buying a market cycle. In this chart I have drawn my demand zone for accumulation. I don't find it likely that we break below the most recent low we created before the breakout of major descending resistance. With prices already showing accumulation in the rounded bottom, I find this scenario unlikely. This coin was listed to coinbase a few months back which is when we saw the massive breakout in volume. Remember, noobs love to fomo into pumping coins. What do you expect to happen when they find a coin on Coinbase thats less than a dollar? Coinbase listing are a pretty solid backing with the average retail investor.. I started accumulating this at about 0.25 and will be looking to add to my bags the lower we retrace.
BINANCE:ZRXUSDLong
by UnknownUnicorn846565
ZRXBTC 0X #ZRX all set ready to give 70-120% profit.Previously few days we shared #ZRX and did, now again its right around breakout and good posibility to give huge profit in matter of few days. ALL INDICATORS BULLISH MIGHT BE A HIGH RETURN CALL CALL TYPE : #SHORT TERM CALL (MUST HOLD FOR GOOD PROFITS). EXCHANGE :BINANCE #ZRXBTC (BUY ZONE) ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO Buy AROUND : AROUND 7600-7800 TARGETS Target 1 : 8897 Target 2 : 9087 Target 3 : 9532 Target 4 : 10210-10802++ StopLoss : 7480 WHY BUY #ZRX? Undervalued now, breakout expected very soon. Have good potential to rock again. TA POINTS Increase Buyer Volume & RSI started moving up. MACD crossover in 15 min chart 4hr chart bullish to given 10-20% profit. cyclic indicator positive. #ZRX have strong support at 8000 If breakout occurs, expect an increase to the next resistance zone 9122
Long
by open4profit
1