ZRXUSDTZRX has done a break and pullback (a clean one as you can see) so a great position to enter for both profit hunters/swingers/scalpers and also investors
good to have a portion in your wallet too
👉this idea has the confirmation of advanced price action
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ZRXUSDT trade ideas
ZRXUSDT - Huge breakout if resistance can be overcomeZRXUSDT facing a resistance around the 1.80 mark. If we see a candle close ABOVE the 1.80 resistance, it's poised to break out to the 2.05 level with no further resistance in sight along the path. Do watch the price in the coming hour, it may present a good opportunity for a shot at a <10% gain.
Small retracement 0X before MAJOR targetAs seen on the chart the last high nearly hit the 2.618 fib extension. Based on the short term bearish signs at the BTC chart I expect that $0x will retrace to $0.96 - $1.10.
At $1.10 the 0.618 fibonacci and daily 200 EMA are located.
At $0.96 a support at the previous high.
After that a mid term of $8 dollars is very likely based on the channel.
Keep in mind the market is still bullish on mid term.
ZRX-USDT(Channel Resistance Breakout)0x is a liquidity aggregator that supports both fungible (ERC20) and non-fungible (ERC-723) tokens. Volume on the protocol stands at 176.91 Mn at the time of writing.
Key levels to watch out for:-
On Daily Time Frame, ZRX has been consolidating for the past 5 days after giving the breakout from the level of ~$1.9.
It seems eminent to continue its upward momentum to the level of ~$2.9 while the support to the lower side is present at ~$1.96.
ZRXUSDT is testing the previous resistance as new support 🦐The price is testing the previous resistance as new support on 0.5 Fibonacci level. If the price will have a breakout from the resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
FLAAAAAAAAAAAG🔝One more interesting formation for you, wolves🔥
There is a Flag formation on ZRXUSDT crypto pair.
There was a strong and confident bullish movement before consolidation.
The price bounced from support and resistance levels multiple times.
Then price broke resistance level of this pattern and now is staying at the key level.
Possible retest of the new support zone is expected but you should follow this chart careful coz the price may increase without retest.
So follow the chart and look for the best price to enter carefully.
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