Watch ZRX closely!Watch for breakout and do your own analysis; you might want to enter at $0.37 or wait to see what happens to the price. TP at fib levels and max SL is $0.335
ZRXUSDT trade ideas
ZRX/USDT Analyzing Potential Moves from Support Levels? 👀 🚀💎Paradisers, focus on #ZRXUSDT as it’s at a pivotal market point, evaluating a key support level for its next move.
💎 Diving into #ZRX past behavior, it has shown a consistent pattern of breaking upward from a descending trendline. Currently, it is reassessing the support level at $.3447. If it can sustain strong momentum above this support, we could see a bullish move originating from this point. However, if momentum falters, NEWCONNECT:ZRX might find its bullish resurgence starting from a lower support level at $.3150.
💎 But that's not all. If #0xprotocol breaks below the $.3150 support, it could signal a shift in market sentiment towards the bearish side, potentially leading to a further decline. 🌴💰
ZRXUSDT - BULLISH OUTLOOKZRXUSDT is presenting a potential trading opportunity based on a combination of bullish signals, with the 1-day timeframe indicating a bullish trend and the 1-hour timeframe showing a bullish divergence on the RSI. Here's a concise analysis and trade plan:
Entry: Consider entering a long position at $0.410.
Stop Loss (SL): Set the stop loss at $0.3655 to manage potential downside risk.
Take-Profit Levels:
TP 1 @ 1:1: = $0.4545.
TP 2 @ 1:2: = $0.499.
TP 3 @ 1:3: = $0.5435.
TP 4 @ 1:4: = $0.588.
TP 5 @ 1:5: = $0.6325.
After reaching the first take-profit level, consider adjusting the stop loss to the entry point (breakeven) to secure profits and minimize further risk.
This trade plan is designed to capitalize on the identified bullish divergence on the 1-hour timeframe and the overall bullish trend on the 1-day timeframe. Managing risk through a stop loss and implementing a breakeven strategy after the first take-profit level aligns with a prudent trading approach. As always, staying informed and adapting to market conditions is crucial for successful trading.
ZRX/USDT Bullish Trajectory a Key Market Shift? 👀 🚀 💎 Paradisers, observe closely as ZRXUSDT exhibits a compelling pattern, currently positioned in a demand zone, hinting at a heightened likelihood of a bullish trajectory.
💎 ZRXUSDT has a history of breaking free from its descending trendline, leading to an upward trend. Presently, as it resides in a demand zone, the prospects for a bullish move are considerably strong.
💎 The initial target in this scenario is to breach the supply level at .3176. A successful surpassing of this level could pave the way for tackling a major supply level above.
💎 On the flip side, should ZRXUSDT struggle to maintain its upward momentum, a strategic bullish move from the .1989 demand level might be the next course of action. However, a descent below this level could trigger a significant bearish downturn.
#Zrxusdt#Zrx
likely to break out of the descending channel that formed in the weekly timeframe. If the breakout is successful, the price is expected to reach $1.
ZRX : weekly dynamic trend line was broken Hello friends
zrx is moving up strongly and has broken its weekly dynamic trend line with high volume and has now pulled back into it and is a very good area to buy.
If we draw a Fibonacci from the last previous bearish wave (top A to bottom B), our upside target will be the 61.8% Fibo, which overlaps with the support line that the price fell after breaking. This line has become a strong resistance.
🚀 ZRX Breakthrough: Double Bottom Pump to $1.1 !In the realm of decentralized exchanges, 0x (ZRX) has been a pioneer, and its recent chart dynamics are capturing attention. After an extended period of forming liquidity above a stubborn downtrend line, ZRX has staged a remarkable comeback. The charts now reveal the successful completion of a substantial double bottom pattern, accompanied by a breakthrough of a key resistance level that has now transformed into a support. Let's delve into this transformative journey.
Chart Analysis: ZRX's Persistent Liquidity and Double Bottom Formation
For a considerable duration, 0x (ZRX) exhibited a distinctive characteristic—forming liquidity persistently above a downtrend line. This showcased resilience and laid the groundwork for the subsequent chart development. The real turning point, however, came with the emergence of a substantial double bottom pattern, signaling a potential shift in market sentiment.
Breakthrough Moment: Overcoming Resistance, Establishing Support
The significance of ZRX's recent breakthrough cannot be overstated. The cryptocurrency successfully breached a key resistance level, and what was once a barrier has now evolved into a crucial support zone. This transformation is indicative of a shift in the balance of power, potentially setting the stage for a sustained upward move.
Price Target: Setting Sights on $1.10
With the completion of the double bottom pattern and the establishment of a newfound support level, chart analysts are eyeing an initial price target of $1.10. This level is derived from the technical implications of the double bottom pattern and represents a milestone in ZRX's journey to reclaim higher valuations.
Trading Strategy: Navigating the ZRX Chart Renaissance
Traders and investors closely tracking ZRX's chart dynamics might find strategic opportunities in the wake of this transformative pattern. The establishment of a new support level opens avenues for tactical entry points, with an eye on potential upside movements.
Conclusion: ZRX's Resurgence
0x (ZRX) has undergone a significant chart transformation, transitioning from persistent liquidity formation to a triumphant double bottom pattern. As it breaks through resistance, now turned support, the cryptocurrency signals a potential resurgence.
🚀 ZRX Analysis | 💪 Double Bottom Triumph | 🎯 Target: $1.10
❗See related ideas below❗
What are your thoughts on ZRX's chart evolution? Share your insights, strategies, and price predictions in the comments! As ZRX sets its sights on higher targets, the crypto community anticipates an exciting journey ahead. 🌐🚀💚
ZRX oversold in 1hr TFThe asset that caught our attention during our short term holiday is ZRX
ZRX is currently indicate oversold on 1hr TF and as well we can see a liquidity grab to downside but CHoCH to upside... So, I will advice we wait for market to mitigate the unmitigated bullish OB on 1hr TF and take an entry....
Follow more market update and trade setup...
Btc another Tp target, Zrx is realy hard to go upBtc another Tp target, Zrx is really hard to go up but if it did it, going to hit really high
ZRX round 2That quick 5% profit was superb. Now wait for the resistance cross or a pullback
Contact me for early entry resources. DYOR
ZRX (Crypto #0x ) Buy TF H1 TP = 0.4970On the H1 chart the trend started on Nov. 22 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.4970
But we should not forget about SL = 0.3640
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
ZRX Double top ZRX push again to break resistance at 0.63 $ failed and rejected hard price made double top pattern and expecting to drop 30% from here,
targets on chart
SL 0.66$
ZRXUSDTI have taken a Long position on ZRX, and this is my own idea. This trade is executed on Bybit.
ZRX/USDT Retesting phase to continue upward movement. 💎 ZRX has undeniably captured significant attention in the market. Currently undergoing the retesting phase within the support area after a notable breakout from the pattern and resistance, marked by a surge in green bullish candles.
💎 Anticipating ZRX's approach to the support level in the near future, there's a likelihood of either rejection or a bounce from this level, probability it back into an upward movement and targeting our supply area.
💎 However, if the scenario deviates from expectations and ZRX fails to bounce, leading to a breakdown of the support area, the potential downside could extend to the next lower demand zone at $0.317. In this situation, ZRX would necessitate a bounce to reclaim the resistance area at $0.390. Failure to regain this area might result in ZRX breaking through the demand level, continuing its descent towards a robust support area.
ZRX Breakout the descending broadeningDescending Broadening Wedge Pattern Explained
A descending broadening wedge chart pattern is a bullish reversal pattern. This pattern is created by two declining and diverging trend lines .
A descending broadening wedge forms as price moves between the upper resistance and lower support trend lines multiple times as the trading range expands during the downtrend in price. Price should touch each line 2 or 3 times to be considered a valid pattern. This pattern looks like a megaphone pointing down and to the right.
A descending broadening wedge is looked at as a bullish pattern as it forms but it is not validated as a buy signal until the pattern starts to make short term higher lows and higher highs and the upper resistance trend line is broken and price begins to move to the upside and above the upper trend line. As the descending broadening wedge pattern is forming trading volumes become most meaningful as the pattern breaks out above the upper trend line, this should happen on increasing volume showing that the chart is starting to go into an accumulation cycle.
ZRXAfter breaking the long-term downward trend, it will rise to the top of the short-term upward trend and after a little correction, it will rise again
Bullish Signal on $ZRXLiquidity has been taken below so if we get to the entry point at the green line, I will consider this bullish
ZRX ready for pump hi dear trader
i think zrx ready for pump
i am waiting for breakout dowtrend channel after pull back you can buy zrx pair usdt or btc
stop loss need for any positon
good luck
ZRXUSDT(0x) Daily tf Range Updated till 12-11-23ZRXUSDT(0x) Daily timeframe range. pretty impressive pump i gotta say made some good gains there. 0.5792 holding on for now and recent support at 0.3857. 0.3857 needs to hold if its want to push ahead.
ZRX Bull Run PlanConservative targets where to take profit GATEIO:ZRXUSDT
Possible Targets and explanation idea
➡️ATH in 2018 marked. One more example not all coins beat ATH in new cycle
➡️Top was in Spring 2021 not in autumn. This is why a lot of people made a mistakes and waiting Lower and lower prices
➡️Fib correct till penny. We are from the top cam in to 27 zone accumulation stage
➡️539 days traded in this accumulation zone, now we got impulse to 0 lvl
➡️0.5 and 0.618 will be main fix % position with 1.45B mcap
➡️In this time we will see again macro in a world and crypto market condition in general to check potential continuation to new ath or it will be the last stage for this coin.
➡️ C4L showed you clear vision when whales accumulate and why)
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