ZRXUSD
ZRX potential pump coming soon (4h chart)Keep this quick and simple...
MAs look great for a continuation of an uptrend. RSI is not heavily overbought, which I believe this uptrend has some steam in it. Accumulation/distribution looks to be rising, thus confirming a continuation for some more upside currently. I believe hitting Target 1 to be very likely and hopefully pump up to target 2 which at that point I would be taking profit off the table and moving into USD tether. Looking at the fibon. chart as well I think this trend is capable of easily hitting that target 1 and testing that resistance at target 2. That's all for now, we will see what happens over the next week or so. I'm guessing hitting target 1 at 80% confident and hitting target 2 at 50% confident IMO. Good luck!
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).
0x (ZRX) - June 20Hello?
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You need to check if you can get support in the 0.31260076~0.32735668 section.
It is expected to do sideways between 500EMA and 700EMA. (0.31260076~0.39543469)
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section