My ZRX buy Part 2Please, DYOR.
This is my personals trade idea.
ZRX followed BTC in this dip. But SL not hit. Still in play
I will look on how BTC react near the .618 fibb. If BTC want to go down again I will close trade at 1.80
If BTC want to go over 53k.
target 1 : 2.44
target 2 : 2.78
On this charts using the Buy signal (Green + white diamond) Is Cryptovac. A paid indicator but a seriously strong indicator. I can put you in contact with the Owner.
It also show resistance and support.
0XUSD trade ideas
ZRX/USD (0x) Potential 70+% Gain back to ATHZRX reached its ATH 5/02/21, since then it has been on a gradual but slow retracement down to 200sma although the general market outlook is still in a bullish trend. 23/02/21 ZRX failed to test the 200 sma, re attempted on 26/02/21 and now we see a small sharp bounce. Notice before entering we may see another retest of the 200 sma at 100% Fib retracement level from ATH levels of 5/02/21 before we can see the cryptocurrency attempt to the push phase back to the upside. Potential 70+% gain back to 2.17USD. If the ATH is broken we can expect to test new highs at 2.43USD. Notice the potential of a double bottom before the big push back to ATHs.
ZRX Prediction - Short/Medium/Long TermChart and Fib Extensions/Retracements are in Log Scale. Prices and Targets are moved to the right for clarity to not clutter the chart. (Not Scaled to Time)
Short term
In the purple count, we can confirm it was a wave 1-2 because the 1.618 hits the top of wave 3 at around $2
Looking for a pullback into the 0.382 level at around $1.40 range
Possible stop loss at around $1.35 and look to enter at $1.17 or $1.00. If it goes below $1, the count is invalidated.
Short Term target is $3.50 range.
Medium Term :
Taking the Yellow 1-2 count, and using log scale with fib extension, we get a target of $10 at the 1.618 level medium term.
After a correction from the purple wave, the 0.382 is a typical retracement at $2.30 range. Then heading into $10 target.
Longer Term:
Yellow wave retraces back to around $6.50 range before heading higher to possibly $16-$18 target
Things to keep in mind:
- Many other factors could affect the chart and change the count.
- Bonds, Yields, Inflation, Stimulus, etc.
- BTC price action may extend or lower ZRX's price.
- Chart is not scaled to time, can happen much sooner or much more later.
This is not financial advice. For entertainment/educational purposes only. Please only invest what you can afford to lose and set stop losses below support so you do not get stopped out during a volatile session.
ZRX support confirmed, breakout incomingBuilding on my last prediction, expect a $2 break in coming days with some resistance at ATH...followed by price exploration.
Volume and consolidation will provide strong support at $1.5 for any pullback.
I'm already in the money <$1.5, so will be holding and riding the wave(s).
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ZRXUSD H4: 90% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
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ZRXUSD H4: 90% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ZRXUSD 4hours/candle chart review
::: updated/revised outlook
::: still great setup for 100% gains
::: accumulation in progress
::: BULLS get ready to BUY LOW
::: from my level TP +90% gains
::: this is BUY/HOLD setup
::: patient traders only
::: not for gamblers
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +90% gains
::: details: see chart
::: FINAL TP +90% gains 2. 40
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ZRX - Breaks Upper Trend ResistanceZRX Price Action
Bullish candle breaks upper trend resistance and closes above 200MA (blue).
Waiting for an hourly candle to close above 120MA (green). 20MA (red) following for support/pullback.
Price knocking on 1.632 resistance to move up. A break above this line and candle close above 120MA (green) can confirm strong breakout to the upside.
Inability to break above will confirm resistance is too strong. Price action will bounce and continue down to consolidate again.