OX - ZRX/BTC - 2 Scenario for coming weeksmy two scenario based on daily
Several possible upside chanel
Actual down trend chanel
Any comments are welcome, thanks in advance
ZRXBTC trade ideas
ZRXBTC 0X DEFI HOLE IN ONENo legnthy dissertation or oped on this one...I"m too exhausted.
TIMEFRAME: LONG; so have some patience on this one.
When all is said & done we're looking upwards to a 29.47% price pump before consolidation.*
Everything you guys need to know is on the chart.
Cheers.
Please defer to related links below for other entry suggestions & information also applicable to current market conditions as of 8/31/20 18:00 EST
Have a great evening.
Respectfully,
- Ahmed T.
@a1mtarabichi
Disclaimer*
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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ZRX prepping for the next bull run ZRX has started showing buyer interest on the weekly. It has slowly made it's way above key S/R level on the weekly, which hints towards hidden buying momentum.
Once it has done the retest of 4710 sats on the weekly chart, it should be ready to go to new weekly highs.
ZRX/BTC (Pullback to Previous Resistance?)ZRX/BTC
-The Bear flag has been confirmed after the break of local support at 6000 sat
-The potential downside target is somewhere around 5064-4696 sat range
-This is a good rebuy zone or potential strong support area
-It is a previous resistance region plus the 0.618 golden Fib
-Watch this level carefully for any Bullish rejections
-Look for any signs of reversals before entering a Buy position
0x (ZRX) Chart UpdateThis is an update for the previous chart, so we are keeping the same drawing.
ZRXBTC moved easily to hit our first target, marked with a dashed magenta line.
Seeing that the volume is low and indicators strong, this can be taken as a continuation signal that tells us this pair can continue to grow.
NOTE | Even if prices drop (red arrow), we remain bullish above support (blue arrow).
Here is the previous chart (Jun 9):
Namaste.
ZRX 0X - potential long term setup.wait for a serious break of the yellow line, maybe even a lil retest of it.
targets are green lines, and a pretty hairy target all the way up there. take profit along the way.
all the targets are pretty hairy, so move the stop loss up several times.
first SL can be right below yellow line
this is just an idea, so it will probably need to be revised later.
0x (ZRX) Consolidating, Potential Bullish Move Ahead0x (ZRXBTC) has been consolidating and holding the same support level for multiple months now.
The trading volume is stagnant which signals that this is an accumulation phase.
A strong bullish move can easily follow.
Conditions for change
The above signal is only true if prices remain trading above the MA200 black line. If prices break below this level, the above analysis becomes invalid.
Thanks a lot for your continued support.
Namaste.