ZRX/BTC Are we in the trend here ?Hello,
I kept my eye on ZRX for some time trying to find the trend .
Would like to know what you think ?
Im thinking we are here still in phase B and should follow .
Do you see the accumulation process. ?
ZRXBTC trade ideas
ZRX/BTC : DISTRIBUTION FROM COINBASE LISTINGTo me it looks like the entire 2018 year for zrx/btc was distribution for zrx.I dont think it will pamp high as imo it needs more time for acccumulation to occur. It all depends on what bitcoin does straight out the gate in 2019. It will pamp very hard at some point. Yep hedge funds buy zrx at 5 cents( whatever ico price is) and sell it at substantially higher prices to plebs like me lol. I remember buying the 2 dollar zrx because I was in it for the technology . In all honesty I thought it was gonna get to 5 dollars upon coinbase listing. The media kept on giving crypto plebs like me blue balls( we got a special announcement on cnbc regarding coinbase hahahaahah). If btc breaks the recent lows zrx will 100 percent get back to Nov/Dec 2017 lows vs btc. These coins are your mistress they aint yo wife
ZRX/BTC When global support breaks through in a triangle, go to 5000 sat. Stoop-loss at 8000 - 8200 sat. Volumes are large, but can be seen in the shadow of the candle that buy at this level, while good support.
Both ZRX and BTC will pumpCorrelated movements with BTC
This should provide a good opportunity if ZRX bounces on trendline and BTC actually pumps like expected.
I'd buy bullish reversal candle and a trendline bid.
ZRX grow mapZRX shows some bullish movement. Not sure where to pick it up, but it will definetely grow (if bitcoin will). Nearest targets and resistance zones are marked on the chart. They will workout for sure.
10550 seems to be the main resistance. This resistance zone may work up to 10850. Plus trendlines. Each line breakout will cause big price action. Nearest target is 11700.
Check out day chart to see where the trendlines come from.
USING DEMAND ZONES in your trading, and the perfect example: ZRXGuys if you don't understand supply and demand zones its one of the basic aspects of trading and more important than learning chart patterns in my opinion.
Have a look at this chart and you can see how significant a supply or demand zone can be for trading: and why im long on ZRX again.
Also note how we had a full daily stoch reset recently also.
ZRX / 0x : Pumped and DUMPED! Time for some action.Two predicted paths of movement here for ZRX/BTC..
Possible buy zones outlined in aqua.
Quick Bounce - ( practice TA )ZRX has been in a major downward channel.
With the lower supports already tested, we've seen a press up past the next resistance, which are acting as a support right now. I suspect, if it holds, we will see a bounce to 9800 sats.
Two major conditions play into the second, and possibly even third, leg up:
1. Volume
2. BTC.
First leg looks good, but the second is doubtful unless the conditions above are met.
sell off changed the move of ZRXBTCMassive sell off has invalidated previous cypher pattern which was expected to be formatted by the movement of ZRXBTC now it is likely to form Gartley insha Allah, the new buying and sell zones are defined on chart.
Regards,
Atif Akbar (Moon333)
ZRX/BTC Long IDEAPrice bounced from a monthly level. A nice retrace setup with a good R/R is here.. i expect a bounce from the green box. target levels and stoploss shown on chart.
manage your risk =)
ZRX/BTC - Idea• Retesting defined support level, previous resistance
• Oversold RSI along with stochastics very low
• Strongest buy volume we’ve seen since CB listing
• Entry: In support region
• R/R: 2:1 (Don’t see this rallying more than 20%)
ZRX/BTC: HOW TO TRADE THIS ACUMULATION You can buy now in the channel or whait the chart turn bullish.
The risk rewar is great I.M.O.
Happy trade,
