Get started

ZRXUSD

ZRX - The sleeperHello everyone! For teh Salesman's 100th idea and to celebrate 150k total profile views, I have decided to do a light analysis on a potential sleeper coin - ZRX! ZRX has formed a minor falling wedge, and is showing a potential Adam and Eve double bottom WITHIN said wedge with significantly higher RSI. RSI levels on the 4h and daily are showing bullish divergence with pending potential oversold rejections. RSI is also beginning to show buyer strength consistently growing, while falling, for the first time.....ever. MACD on the daily has shown massive bullish divergence forming since June. The 1.618 rejection extension of the previous move also lies directly beneath current price support, which should at least produce a decent bounce. ----- RSI shows a few interesting signs. First, on the daily bull pressure caused the RSI to rise while the highs were falling. This divergence shows that buyers are definitely present and growing in strength. Second, 4H RSI and 1D RSI are at 30, staring a potential oversold rejection in the face for the first time since September. After the oversold rejection on the daily in September, ZRX went on to gain 120% sat value. Third, we are seeing strong bullish divergence emerging WHILE hovering around oversold, usually a good sign. ----- MACD 4H MACD shows bullish divergence since late January. 1D MACD shows strong bullish divergence forming since June. Third time's the charm I think. There is a pattern I've noticed in indicators such as the MACD and RSI where the third volatility move usually produces a fairly significant gain once buying momentum is established. Fair warning, if Bitcoin fails to hold support + especially follow through from the bulls this idea will probably be invalidated. The strongest buy in ZRX at the moment in my opinion is when Bitcoin has a fresh dump but catches support. ZRX VERY closely follows Bitcoins movements so if Bitcoin does have follow through on the current bull flag, this coin will *MOVE*. I strongly suspect the new daily open TODAY for ZRX will be a very determining factor in the short and mid term movements. Keep a very close eye on Bitcoin and ZRX for at least the first 30 minutes of this new daily open for best results. LET'S GO ZRX!
Long
by deactivatedaccount123
ZRX/USD BEAR FLAG AND RSI SHOWING PRICE DROPZRX / USD looks to have a bear flag on the hour chart. As well, the price is at the top of the Bollinger band currently, and RSI is showing it is reaching the 60 range which has been a common bounce to the lower end of the RSI recently. Looks like we might move to the bottom of the downward channel(Blue Lines). I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner. Thanks so much for reading my analysis, please follow me and like my post! - Max K.
COINBASE:ZRXUSD
by MaxKoke
ZRXBTC - REVERSAL TENDENCYBuy Price: Green Zone SL: Red Zone Profit: Blue zones Invest Suggestion: 20 Percent Profit Expectations: 10 - 30 Percent Looking at the chart of ZRX , we could see all indicators pointing to buy it , like RSI and 13 HMA crossed all HMA's in the 4H chart( indicating a reversal tendency)! Also, ZRX is near of the a huge support ( orange lines ). See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
Long
by CGCryptoTrader
ZRX / USD COULD FALL TO .21 SOONZRX on the 1 hour chart is in a downward channel! I was waiting to see if the double bottom support at the red line. The RSI is also showing a repeated trend of bouncing up after reaching the 15 range, which it is close to now. If ZRX sees a large drop to the bottom of the channel soon, we should expect to see a price around .20 - .21! I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner. Thanks for reading and please follow and like my work as I grow and learn in the Crypto space! - Max K.
COINBASE:ZRXUSDShort
by MaxKoke
ZRXUSD - JUST BUY IT AND PROFITBuy Price: Green Zone SL: Red Zone Profit: Blue zones Invest Suggestion: 20 Percent Profit Expectations: 10 - 50 Percent Looking at the chart of ZRX , we could see all indicators pointing to buy it , like MACD lines, the HMA crossed(13 will cross 34) and the volume! Pivot Reversal strategy ( it have 4.5 profit factor in ZRX) is indicating an entry too! Also, ZRX is near of the historical low, so we have a great support to trade ( on Binance ). See me previous analysis and how profitable the are!!! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
BINANCE:ZRXUSDLong
by CGCryptoTrader
ZRX/USD - Definitely way more upside on this one...First analysis for the year. If I have more time, I'll try to increase the frequency of my analysis posts. Feedback, input, and comments are all welcome! ================================== Pair: ZRX/USD Time Frame: 1-Day The current trend for ZRX/USD is a weak bearish movement. Since November 2018, a descending triangle has been forming, as shown by the progressive lower highs. The current support is holding at the $0.25 zone. Price action will probably continue to stay within the triangle, but the market will be forced to pick a direction within the next few weeks (or months). If the bulls decide to break out upward, then their momentum could easily take them to the $0.45 zone (Fib 23.6%), and beyond that probably test the $0.58 zone (Fib 38.2%). However, any bullish sentiment should be taken with caution as there is still enough bearish volume to slowly push price action south, as shown by the thickness of the Kumo(Cloud) on the Ichimoku. The fact that there is still no cloud twist shows the possibility of downward movement. Additionally, on January 10, the thicker part of the cloud acted as a hard resistance and forcibly pushed the price action downward. The support at the $0.25 zone is tentative, and if broken can see the price action move south towards the $0.20 zone. Any further collapse can see the price action touch the $0.15 zone. Regardless, the general assessment for this asset pair is that there is still much more room on the upside. For the Bulls: There are a couple ways to play the entry points for this current market environment. Recommendation 1- Buy at price (up to $0.35) and wait for upward momentum. Take Profit Targets are: $0.58, $0.68, $0.78 Recommendation 2- Wait to see how the market reacts to the ascending triangle. If the $0.25 support is broken via bearish momentum, then: Set BUY targets: $0.20 ( up to $0.35 (as the bullish momentum is regained) Take Profit Targets are to remain the same. For the Bears: Recommended Short- $0.24- $0.25 (zone) Take Profit Target 1-$0.20 Take Profit Target 2-$0.15 For Rangers: There has not been a solid ranging window in the recent history of this pair. ================================== As always, manage your risk! -DC ---- NOT INVESTMENT ADVICE. The opinions and analysis expressed above are strictly my own. This analysis was sponsored by the Paribus Group (www.paribusgroup.io)
BINANCE:ZRXUSD
by dc_paribusgroup