ZRXUSD Who knows...I'm having a hard time figuring the move on this new triangle.. volume is steady...RSI in the 50's.. up in the air honestly..
ZRXUSD.P trade ideas
ZRX.usd Target and Heads up at 37 cents: District 0x next moveZRX took off from the support zone I last presented.
The launch from that key zone was strong and straight.
Expecting a small pullback, then continuation to target.
It may well continue higher, but a correction first probably.
See chart below for further targets above 37 cent zone.
Previous Chart that caught all the bounces:
ZRX -target $0.69ZRX has broken the downward channel to the upside and is holding; look for a move up to $0.69 in the coming weeks.
TG
ZRXUSDIchimoku is producing sell pressure signals, on the 4hr. It may sell and test the 0.618 - if the 0.618 breaks, expect a return to the daily kumo, which has a flattened top. Not advice.
18-56% Potential Profit here in the next 3 daysAll Indicators on this coin are showing a massive rise to the Bullish side.. Set a stop loss at a maximum of 2.5% in the gray zone of the FIB Retracement and sell first target of 50% Profits at 18% and the rest riding up to the 56%!! Good luck and Safe Trading Team!!!
ZRXUSD Hidden Divergence ExperimentInteresting hidden bullish divergence on ZRXUSD. A bull flag breakout could push the price above $0.45. Tight stop in this case to reload at lower levels in case of a breakdown. Let's see what happens.
0x Shows Strength, After Regaining Support On Key Level! (ZRX)One cryptocurrency that really has my attention right now is ZRX. You can see that there is a very well defined range on the chart (in grey) which ZRX has reacted on numerous occasions. I've circled some of the key reactions in green and red. The green circles show key/initial support, and the red circles show resistance. What we can see now is that ZRX was trading below the grey range for about a year and a half. We can see that there were many failed attempts to get back into the grey trading range. Recently however, ZRX was able to get back into the grey trading range. Additionally, it has held the bottom of the trading range as support — something that hasn't happened in a meaningful way since March of 2018. So, this is definitely an interesting development, and I think it could be setting ZRX up for a major upside move, especially if the crypto space continues to pick up steam.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
-JD-
AVOID ZRXUSD 50% dump from here(NEW)before we kick start the update. your upvotes/subs are appreciated.
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Keep it short/simple and to the point.
AVOID ZRXUSD 50% dump from here
IMPORTANT NOTE: this is speculative setup.
results not guaranteed. do your own due dill.
at all times please use a stop loss.
ZRXUSD was on BUY list previously, a lot of traders,
who followed me made away with 100-150% return, was
a great call. What's up next though? 50% dump from
here, so please avoid ZRXUSD next 4-10 weeks, you
don't want to be a bag holder in this market,
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Short for the Highest percent return in this crash.Whales new pump and dump coin after making money on btc. Simply Short it.
Entry - .37100
Exit - .305 or beyond
SL - .381
ZRX in the next week ----- 0.21 and lower? Hello,
In support of the ZRX analysis I just posted, here is another focusing on what ZRX might do in the next week or so. If you want to know in a little better detail why I am predicting a the price to drop to 0.21 check my bearish engulfing post. But I did want to zoom out a bit to get a better look what ZRX is doing relative to the past month or so.
If the bearish market I imagine is coming happens, we could reach 0.21- a strong support, and possibly retest the upper channel(in white) at 0.28. Then if the bear market is still strong a complete drop to the bottom of the channel around 0.10. I say this because there is not a massive amount of support for the current price movement upward. There is no structure and therefor the only structure is BTC, but as I laid out in my other analysis, I think BTC is approaching a bear market as it is in a bear flag and repeatedly rejects upward price movements. So if this is the case, BTC falls, so too will ZRX, far past the point in which the pump that led it up to 0.70 began.
Just a thought though, let me know what you guys think.
Thanks for reading,
- Max K.
Bearish Engulfing PatternHello, hope all is well and everyone is healthy.
I wanted to update all of you on my thought of ZRX. So looking at the 1 day chart there is a bearish engulfing pattern, a sign of a large downtrend. Couple this with the fact that BTC, whose behavior effects ZRX, is in a bearish flag and despite a decent amount of volume the price is struggling to keep any upward momentum without being pushed back very quickly- a sign of an emerging bearish trend. I will add that looking at the RSI for ZRX, it is very high(70 at this moment) even with a substantial decline in price. Which again, is bearish. Bumming people out is not my goal here, I am just making a couple simple observations and want to share because in the short term, the next two weeks or so, there is definitely a chance crypto turns into a bear market. Because of the halving, there is no doubt in the long run we will see very large price increases and an ensuing bull market. These things take time though, months or more to fully play out. It wont happen over night. With that said, I could absolutely be wrong(see quote below) so make sure you do your research and prepare yourself and be safe trading guys. 👍🏻
There is a very famous saying in trading- "The markets can stay irrational longer than you can stay solvent". Remember that.
Who knows what the market will do, I am simply speculating one thing it could do, please do not trade based on this.
Thanks for reading,
- Max K.
ZRXUSDIchimoku is showing further strong sell signals on the hourly chart - TK cross below the Kumo, Chikou-Span below price, and the future cloud wide and red. My next target is the 200 MA, where it will possibly find support.
Not advice. Good luck to you all.
ZRX.usd Long Scalp Opportunity that could Run, but beware bubblePossible long scalp entry here.
As you know, ZRX has been on a massive bull run.
It has been following this purple fib series perfectly.
A clean bounce (Ping) off one should reach the next.
Adherence to the Fib had been "textbook" perfect.
Direction maybe unknown, but landmarks are clear.
Thus it is a matter of playing "one line at a time".
3.618 is the ideal bounce point, from above previous consolidation.
3.764 is a less likeable entry but quite plausible if bounces strong.
4.236 would be next Ideal entry, depending on how it gets there.
But caution is advised, this bull may be done.
That top looks like the classic "Bubble" scenario.
So any longs here need tight SL and close attention.
If you seeing blurry numbers, that is a rendering bug.
Click Here for a TV SnapShot with hopefully clear numbers.
I plot many Cryptos, as well as Forex and some Stocks.
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ZRX Descending Triangle ZRX has a clear descending triangle . The one hour chart shows several key bearish candlestick patters, most recently a hanging man candle stick. There is resistance around 0.36, however looking on the day chart, the RSI is completely maxed out around 80 at the time of writing this. It is certainly possible we retest the 0.50 cent area, on the 1 week chart there is major resistance around 0.55 cents.
Please do not trade based on this information. What do you guys think about ZRX?
Thanks,
- Max K.
