Zrxusdtsignal
ZRX/USDT showing a bounce and potential back to upward move!💎 The recent market dynamics surrounding #ZRX have indeed been quite notable. Currently, ZRX is bouncing from the Bullish OB and is poised to test the resistance of the descending channel.
💎 If successful in breaking the pattern, the next challenge will be to breach the key resistance area at 0.618.
💎 This level is crucial for confirming a bullish reversal, and ZRX must surpass it to signal a return to bullish sentiment. If achieved, the price may target a test of the strong resistance area.
💎 However, if ZRX fails to break above the 0.618 resistance level and faces rejection, it could lead to a downward movement, potentially retracing to test the Bullish OB for new momentum.
💎 It's essential to monitor ZRX's behavior at the Bullish OB level. A successful bounce from this level would reinforce bullish momentum. Conversely, a failure to bounce, or a breakdown below the OB area, could signify a bearish trend continuation, resulting in further downward movement.
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ZRXUSDT Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.38 - 0.42 - 0.44
after first target reached move ur stop to breakeven
Stop: ~0.27 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ZRXUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 1.4 - 1.7 - 1.95
after first target reached move ur stop to breakeven
stop: under 0.8 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
ZRXUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 1.5 - 1.7 - 1.9
after first target reached move ur stop to breakeven
stop: ~under 1.08 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.