ZRXBTC trade ideas
$ZRX Downswing Nears EndZRX clearly travelling in a downtrend. Its currently riding along supports with a good volume profile at this level.
With impending Coinbase add coming shortly and the strength BTC has shown I anticipate a break in this downswing and moving upward.
Lots of upside here, not much downside IMHO.
ZRX/BTC nice entry aheadhi @all, i´m new to TA,
bearish market aside, 0x has big potential - coinbase ahaed… if you want a good entry i think because of the overbought markt indicators, the 13000-13150 area is good entry. Maybe we bounce on the bearish Trendline, before we break out... all we need then is volume ;)
tell me your constructive thoughts. i´m willing to learn.
ZRX/BTC, Bullish View!What's up world? Long time no see.
I'm back with new spirit haha :D
Here we go!
I am verry bullish for zrx.
Look at the RSI, we got bullish divergence, and look, everytime we have bullish div on 4h TF, we bounce so hard, upto 30%++.
In addition, we hit the hard support here, and look at the pivotal everytime hard support line hitted, the gain is upto 100%++.
I have more time for analysis again now and I promise that i will update frequently again.
I think that's all.
Thanks :D
ps: btw i'm bullish on btc for short term :)
A trading opportunity to buy in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000108 to 0.000095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000108)
Ending of entry zone (0.000095)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000124
TP2= @ 0.000134
TP3= @ 0.000143
TP4= @ 0.000154
TP5= @ 0.000184
TP6= @ 0.000206
TP7= Free
A trading opportunity to buy in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000108 to 0.000095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000108)
Ending of entry zone (0.000095)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000124
TP2= @ 0.000134
TP3= @ 0.000143
TP4= @ 0.000154
TP5= @ 0.000184
TP6= @ 0.000206
TP7= Free
ZRXBTC Potential Buy opportunity 50-100% Profit targetPossible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
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Thanks.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.