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ZRX/USD Secondary trend. Downward wedge.

739
Logarithm. Time frame 3 days. Secondary trend. Downward wedge area.


This is what the downward wedge looks like on the line chart.
snapshot


The lacal zone for trading at the moment.

ZRX/USD Local work. Triangle. There will soon be a dénouement.
tradingview.com/chart/ZRXUSD/wa1qKpBe-ZRX-USD-Local-work-Triangle-There-will-soon-be-a-dénouement/


The main trend

ZRX/USD Main trend. Channel. Fractal.
ZRX/USD Main trend. Channel. Fractal.
Note
snapshot El triángulo local se rompió hasta el soporte de la gran cuña (toda la tendencia bajista secundaria). Desde el nivel de 0,201 (21) del 23 de enero (666/01) se rompe la resistencia de cuña y el precio sube en tendencia hasta el nivel de 0,319. +61,18%

Retroceder. Vuelva a probar la zona de ruptura de la tendencia bajista. Ha ingresado recientemente un gran volumen (pequeño período de tiempo). Ahora el precio es 0.237. Los principales "titulares" de esta criptomoneda son los grandes intercambios.
Note
snapshot
Note
snapshot From the reversal level 0.1813 (yellow color) now +140%. Impulse breakout of resistance (0.319 -0.39) accumulation zone 180 bar (time frame 3 days), which is 539 days. Just like last time everything is similar, both the structure and the number of days.

The potential of this "dump channel" is significant, although there is already a significant profit from the minimum. It is rational to work after a pullback with a stop-loss to limit the loss. Although look what a "saw" was last time after the impulse. Time plus, minus, when the asset will show super profit is known, if this fractal structure will remain (high probability).
Trade closed: target reached
snapshot about +170% to the zone of 0.69 level. Pullback. From the headland 0.144 more than +330%
Trade active
Note
snapshot
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cryptocryptocurrenciesCryptocurrencycryptotradingPivot PointsWedgezrxZRXUSDzrxusdt
SpartaBTC
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.