ZRXBTC trade ideas
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!
ZRX-BTC Long Trade PlanCommodity : 0X
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 14.5% to 58.8%
Prospective Loss : 6.5%
RRR : SL to TP1 is 2.24, SL to TP2 is 4.5, SL to TP3 is 6.55 and SL to TP4 is 9.04
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Time to look at ZRXThis is a long soon vs BTC. Either here or S3 around 6k. If it is here look for a double bottom or have some buys set at 5.8 - 6k for 1 more drop. Targets are good at 8k - 10k. I think BTC is stable for now so play some alts to make more.
Targets
Looking good!$ZRX Looking good, Falling wedge inside the descending channel??. MACD About to cross, RSI coming strong from oversold levels, Buy signal from the UCTS in the 6h chart. Potential targets on the chart. (EMA50-EMA100) #0x #ZRX
ZRX BTC - ZRX reaching logical buy zone - Good opportunityHi Friends
as you see in chart , ZRX psychological cycle of down trend is going to die , Zrx is going to hit panic sell zone again and a slow down will show up ( maybe with clear divergence) , Then ZRX will be ready to break recent trend line in one ( or may be 2 ) hit , So I think we will have great trade opportunity in few days
ZRX/BTC long termI am keen on ZRX and have had some solid trades out of this for a while but overall pretty bearish as i see this walking down further to a level of demand build on the original run up thats been tested one before we a great response.
Using some repeating fractal patterns and some fib levels that keep getting hit with each fractal i can see us walking down to that demand following by a 786 entrancement from the last level of supply.
This will take a while but there should be some solid trading opportunities with in that range on the way up imo.
Will be keeping an eye on ZRX for those trade opportunities to present them self
ZRXBTC POLONIEX 12H up to 08FEB19 Trading Analysis (TAZRXBTC 0x / Bitcoin POLONIEX 12H up to 08FEB19 Trading Analysis (TA)
12H Chart, 0x (ZRX) by January 23 (1), was able to break over both the 100/200 days MA signals, along with an ascending movement from 45 RSI to lightely touch the 70 RSI (2) and bounced back until below 30 RSI (3), now the RSI crossed over 40 RSI, the MACD signals pierced below the Histogram heading up, which may indicate a price movement toward the 100/200 - MA (4), which is the optimistic approach, but remember "Trees don't grow until the sky" it can find resistance and make a correction anytime. At this time the Market Cap moved toward 120b. Good Luck!
Gráfico de 12H, 0x (ZRX) hasta el 23 de enero (1), pudo cruzar subiendo las señales MA de 100/200 días, junto con un movimiento ascendente desde 45 RSI para tocar ligeramente el RSI 70 (2) y retroceder hasta abajo de 30 RSI (3), ahora la señal RSI cruzó por encima de 40 RSI, las señales MACD se cruzaron positivamente por debajo del Histograma hacia arriba, lo que puede indicar un movimiento del precio hacia el 100/200 - MA (4), que es el enfoque optimista, pero recuerde que "los árboles no crecen hasta el cielo" pueden encontrar resistencia y hacer una corrección en cualquier momento. En este momento el Market Cap se movió esta mañana hacia los 120b. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
ZRX Strong BuySetelah Penetrated DTL, Kini ZRX Re-Penetrated Di Area Supply.
Maka ini Adalah Awal Untuk Trend Bullish Bagi ZRX
Tidak Perlu Takut Ketika Sudah MenConfirmasi
Saran Buy :
- Buy Sekarang Di 7000
- Buy Ketika Koreksi Di 6800
TP Minimal : 7300
SL : 6585
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.
ZRXBTC at an interesting spotAs we can see, it broke out of the giant triangle, but still is forming a falling wedge on the .786 fib retrace. So I do think we will atleast go for a retest of the triangle in the coming weeks.
Have a good one.
ZRXBTC, Finally time for some profits? I think so What up Financial Amigo's!
Happy New Year to all, especially my beyond loyal fanbase - all 6 of my followers certainly warm my heart!
Anyway, ZRX is a wonderful coin. It moon'ed upon Coinbase listing, as tends to happen, and since has completed a significant retrace, albeit with occasional ups and downs. Currently, RSI is very oversold and when this coin pumps, it usually pumps fast and hard (TWSS)
I've bought in over last week at different levels as the coin continued to drop more than I expected (as tends to happen within crypto). I think bots have been intentionally holding the price lower, but I don't have time or knowledge to confirm that as some others on here show with volume of different exchanges and what not, etc. However, volume is slowly increasing, along with volatility of entire market.
Fingers crossed we see some major action here very soon.
On a side note, BTC might fall to 2,800, but still, correction/bear market appears to be nearly over, if not already. The NASDAQ, SP500 & DJIA are about to crap their pants, while CNBC praises them while claiming nothing but robust growth to come this year. Meanwhile, student loans problems and corporate debt are blowing up to unseen levels and Crypto is treated like it's already busted.
No thanks, I am holding. Even if it drops to 3K, 2,800 or below, it should immediately pop back up. I am tried of holding the bags if/when these bots trade faster than my ex-wife at her high school reunion. So while nothing in here is by any means financial advise and should be construed that way, grab your big boy pants and hold on for the ride ladies and gents. Because it's Chinese New Year and I need me some fortune cookies.
Good luck all, we'll probably need it.
***Mic Drop***
bounce pleaseSell off seems to be coming to an end but I got a stop under the wick of this most recent dump in case it wants to go a little lower first, but in general zrx looks ready to find a bottom in the 6000's
