#ZRX/USDT#ZRX
The price is moving in a descending channel on the 1-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.3080
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3170
First target 0.3392
Second target 0.3600
Third target 0.3860
ZRXETH
ZRX Bull Run PlanConservative targets where to take profit GATEIO:ZRXUSDT
Possible Targets and explanation idea
➡️ATH in 2018 marked. One more example not all coins beat ATH in new cycle
➡️Top was in Spring 2021 not in autumn. This is why a lot of people made a mistakes and waiting Lower and lower prices
➡️Fib correct till penny. We are from the top cam in to 27 zone accumulation stage
➡️539 days traded in this accumulation zone, now we got impulse to 0 lvl
➡️0.5 and 0.618 will be main fix % position with 1.45B mcap
➡️In this time we will see again macro in a world and crypto market condition in general to check potential continuation to new ath or it will be the last stage for this coin.
➡️ C4L showed you clear vision when whales accumulate and why)
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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0x Protocol (ZRX) formed a bullish Shark for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of 0x Protocol (ZRX) token with Bitcoin pair.
Previously I shared a long-term trade setup for ZRX on a monthly time frame, unfortunately the priceline broke down a long-term support of $0.30 but it is still moving in the potential reversal zone and can start a massive reversal move from here. Below is the setup.
Now on a daily time frame, ZRX has formed a bullish Shark move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZRXUSD Retest Leading to ContinuationOn the left the Monthly chart is shown, the bullish nature is evident just by looking at the Channel, the green circle shows how support was found along the middle band of the indicator
This support is currently being retested
On the right is the ZRX/ETH chart, which shows ZRX emerging in a bullish state after a long period of bearish movement, this bullish state can be identified by the thinning Fibonacci Bollinger bands
The breakout will be massive and will definitely be reflected on the USD pair
zrxeth begins a downward correction moveThe ZRX starts moving that's for sure.
The MACD begins to cross the averages, the RSI divergence chart where we hit a new bottom and the RSI chart shows a higher peak on the histogram, which heralds a trend change.
An additional confirmation is the indications in the look at BTC, where we can observe a similar system. The first stop at 50% of the downward move, another 618 and etc
ZRX/USDT (Consolidation at Key Level Support)💎Technical Analysis Summary💎
BINANCE: ZRXUSDT
-After the strong rejection at the 0.96$ resistance area
-The price fell back to its key support area
-This is an important key level since April 2019
-Is this a good buying opportunity?
-Answer is No, why? because it is coming from a strong rejection
-And this short consolidation range might be a Bear flag
-So avoid the bearish potential, you need to wait until
-The local resistance is broken upward around 0.42s area
-That will invalidate the potential falg
-But if you are looking to short the market
-Simply wait for the support breakdown
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Buying the Bottom of 0x (ZRX)0x - Short term - We look to Buy
Offers ample risk/reward to buy at the market.
A higher correction is expected.
We look to buy dips.
We are trading at oversold extremes.
Price action looks to be forming a bottom.
RSI looks to be forming a bottom.
Resistance: 0.3500 / 0.3650 / 0.3800
Support: 0.3400 / 0.3360 / 0.3300
Signal Centre
ZRX/BTC (Pullback to Previous Resistance?)ZRX/BTC
-The Bear flag has been confirmed after the break of local support at 6000 sat
-The potential downside target is somewhere around 5064-4696 sat range
-This is a good rebuy zone or potential strong support area
-It is a previous resistance region plus the 0.618 golden Fib
-Watch this level carefully for any Bullish rejections
-Look for any signs of reversals before entering a Buy position
ZRX/USDT - sellers dominateLook at the candles sellers dominate. The fuse at the top is a sign of the seller.
It all depends on the BTC. It can change the mood in the market if one candlestick gives up.
ZRX/USD such a triangle looks down.
The indicators show the weakness of the asset.
Break-down support (key level) and move down.
Cancel downwards, going beyond the 0.37$ level.
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