ZRXBTC
ZRX 1 hour looking really nice , short&long term (300%+ PP)ZRX shaping up for a really nice upside move.
This is particularly good for both short and long term potentials.
Look for confirmation of break to the upside.
Stop loses should always be exercised, risk tolerances will vary from trader to trader.
Beware the FUD, But be aware.
CryptoCodyy
I am not a financial advisor and any of my posts are personal study.
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There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000021)
Ending of entry zone (0.000015)
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 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= @ 0.000030
TP2= @ 0.000040
TP3= @ 0.000055
TP4= @ 0.000070
TP5= @ 0.000080
TP6= @ 0.000100
TP7= @ 0.000121
TP8= @ 0.000149
TP9= @ 0.000186
TP10= Free
There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000021)
Ending of entry zone (0.000015)
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 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= @ 0.000030
TP2= @ 0.000040
TP3= @ 0.000055
TP4= @ 0.000070
TP5= @ 0.000080
TP6= @ 0.000100
TP7= @ 0.000121
TP8= @ 0.000149
TP9= @ 0.000186
TP10= Free
ZRXUSD Price Analysis0x(ZRX) has been contributing strong enough in developing the protocol and has come up additional products like instant purchasing on any website or app.
It has been confirmed as well that it will be listed on the Coinbase exchange but since then it has fallen 70%+ in price.
Bullish
In mid-December it has seen surge in price(45+%) and has tested the first resistance with dropping to the support level recently.
It needs to hold this support level(green bar) for some bullish action in the coming days/weeks.
If the manages to break the first resistance level ($0.35-$0.38)then some positive(upward) movement is possible in the near future.
Bearish
If the current support level i.e. $0.025-$0.28 doesn't hold then it would be bad news for the bulls and we might see price below <$0.1 soon.
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