ZRXUSDT waiting for the breakout 🦐the price is testing the daily resistance inside a descending channel. IF the price will have a breakout upward and retest the daily resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
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.
ZRXUSDT trade ideas
ZRX-USDT(Consolidation Breakout)0x is a liquidity aggregator that supports both fungible (ERC20) and non-fungible (ERC-723) tokens. Volume on the protocol stands at 173 Mn at the time of writing, up~49% in the past 24 hours.
Key levels to watch out:-
On Hourly Time Frame, ZRX has been consolidating between $2.32 and $2.2 .
It looks adamant to give the breakout from the range to reach the levels of $2.95 while the support to the lower side is present at $2.2 .
zrxusdtThis is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
Please support the idea by clicking the like button and expressing your opinion in the comment box
ZRX possible moves up??ZRX has been forming a nice symmetrical triangle.
It has also been respecting this purple resistance...
If we break this purple resistance while moving up, we can expect a movement to the top of the triangle.
If it happens and we see a pullback down and we break the purple resistance again... we will probably go down to the red area.
Overall I think Ox is bullish right now :)
ZRXUSDT- IMPULSE COMINGZRXUSDT we have a nice bullish impulse on daily timeframe followed by a nice correction to the 0.50 fibonacci, now im expecting the continuation to the upside and market to form a new higher high from a daily perspective ! on the 4hr timeframe we have a nice triple bottom i am waiting for a new higher high above the neckline then we can enter a nice long on the retest of structure.