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Bitcoin0x

There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis: . 0X/BITCOIN is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00010210 to 0.00008920). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00010210) Ending of entry zone (0.00008920) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00012060 TP2= @ 0.00013320 TP3= @ 0.00014570 TP4= @ 0.00016360 TP5= @ 0.00018600 TP6= @ 0.00020600 TP7= Free
ZLong
by ForecastCity
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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