ZRXBTC *request analysisZRX perform rising wedge pattern (reversal pattern) and hit resistance trendline.
Maybe it still not a right time to invest at ZRX, coz we have bottom support at 0.00005033
if this pattern break down, bottom reach around mid May.
Even if ZRX success break resistance, maximum projection only 14% at previous resistance at 0.00008833
note : we will update this analysis once we reach 0.00005033
Zrx
ZRX delivering the goodsZRX is one our crew has been trading a lot over the last 12 months, its been in a strong down trend and to be honest we had lower targets in mind for a strong buy but its started to consolidate and build a new v bottom over the last month which is getting strong, now making higher highs and higher lows, i can see an EW set up building as well, this push which we are in from the bottom we are looking at an exit at the 1.272 extension and a re buy on the retrace and running the last leg up if it can hold support around the 7260 mark.
Volume is increasing really well although sitting above the medium on the CCI i think this will have legs with the current volume.
Have to keep a close eye on BTC though in case we get some big red candles then we might take the risk and move our stops up to lock in profit take and look for a new entry if it falls over.
If this bottom stays strong in a btc down trend then im confident to load back up on demand.
ZRXUSD Medium-Term AnalysisAfter forming a double bottom on the weekly timeframe, ZRX looks primed for the next leg higher.
Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region.
From there we can see a continuation into the upside levels in the coming weeks ahead depending on the momentum.
ZRX LongWith the cryptocurrency alt market seeing a bullish rally and positive sentiment, I see strong upside for ZRX for many reasons: a bottom was created, larger buy volume coming in, a larger uptrend, and the break above the 50 day moving average after the tightening of bbands. Volatility is coming into the crypto market currently and with ZRX having a USD trading pairing directly on Coinbase, there is a great deal of upside potential in the short term for this crypto.
ZRX OX Turning BullishWeekly indicators showing that ZRX could be at bottom, it can turn bullish at any time.
Monthly Trend on Binance showing that it can go down a bit more but it worth a try.
Buy now 6300-6400 but don't go full, keep juice for a rebuy in case of.
Rebuy 5300 if it drops.
Sell around 7900-8300 ( don't greedy )
Don't forget to keep an eye on BTC.
Happy Tr4Ding !
ZRX TO THE MOONCOINBASE:ZRXBTC
ZRX is initiating a breakout from its falling triangle, the downtrend is almost over, ZRX is going to the moon soon for more than 100% Profit. Check chart for proper guide. Don't fomo in now. save entry is around 5800 and 6000sat.
And always do your own research..
I wont be held liable for your loss.
ZRX Swing TradeZRX has been in an accumulation phase, with majority of other ALTS for the past 3 months, and now primed for public participation to pump higher. If ZRX breaks above, and establishes support, at $.28 I believe that It would surge higher. If that is the case, $.30 then $.34 should be met over the next 1-2 months. Not too get overly excited but if we see sustained momentum through the $.36 resistance, the $.40 region should follow soon after.
ZRX 0x Buying OpportunitiesBullish divergences on both charts, and good entry.
Take profits at
15%
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