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ZRXUSD

ZRX - Can it break 0.79c? RSI indicates the way forwardOn this weekly chart of ZRX we can see ZRX has broken the major red resistance line. ZRX then went on to form an ascending triangle and broke through the lime green line. The light blue resistance line at 0.79cents coincides with the RSI hitting it's own resistance level at 81.67 on the RSI. If ZRX can break the light blue line the next target is the yellow resistance line is at 0.93cents where we expect some heavy resistance. The RSI has hit 81.67 shown by a light blue resistance line. On this daily chart below you can see the significance of the RSI blue line at 81.67 Is it a time to short when the RSI hits 81.67 or wait for the pullback and add to the long? Happy trading legends! HTBB
by Pro_Trader_HTBB
1
DEFI continues to rip!There are a lot of coins that are still looking for use cases out there. I remember when there were coins that said that they can do anything and everything. They would even tie your shoe for you! According to the shills that is. Right now in crypto, there is a group that just doesn’t stop. That is the newly founded Defi movement. These coins have found an area where they can actually be useful. In a world where interest rates are in the zero bound, how can savers make their 7%?It sure isnt high interest savings accounts or bonds. What about high dividend paying stocks? Well dividends are being cut left right and center! Defi has that answer with many different ways to make that happen. So what coins are part of this? Well there are a couple of ways to track them. I personally have made lists from some of the sites like coinmarketcap and coingecko. They both have tabs specifically for the Defi movement. FTX exchange also has a Defi ETF that gives you exposure to some of the bigger names in the space. We will use that as a charting tool. So if some of the bigger names in the space have done 100% in 50 days, what are some of the smaller cap coins doing? The answer is way more. We can cover some of the specific names over the next few days, but one thing is for sure, this is the area that the money is flowing to right now in crypto. So manage your risk and keep your head on a swivel! Happy Trading! Brandon Anderson www.derzzycharts.com
FTX:DEFIPERPLong
by derzzycharts