Zrx
ZRX/USDT, Strong bullishHi Traders, ZRX the best alt on my watch list. It's one of the most powerful coin( last months). Strong uptrend, Clean bulish price. Still holds the trend line. In pair with btc has a strong possibility to continue the way up. High profit assumption - buy . Collect profits on the way up. 2 - 4% of your portfolio. GL, HonorDeal
Bitcoin (BTC): The Running of the StopsWe see two dominant themes running through the crypto markets. The first is the 4% swings in Bitcoin (BTC) feels like it is frustrating both bulls and bears Bulls who chased Bitcoin (BTC) above 9k, we stopped out overnight. This move was a payback of sorts for what happened to bears. Bears pressed shorts below 8700 only to see Bitcoin (BTC) rip up and stop them out.
The second major theme is that high-quality altcoins are doing quite. Cosmos (ATOM) and ZRX are two that have exceeded our expectations. Both of these themes were in line with the idea that Bitcoin (BTC) was going to have a hard time getting through significant resistance at 9500.
Now we believe there will be a new stage for Bitcoin (BTC). BTC has gone through what we call a "coiling phase." The recent whipsaw price action is like winding up a spring in physics. The tighter you wind the spring, the more force that is let loose when the spring is released. Said plainly, the recent exuberant range trade is likely a set up for a much bigger move.
Bottom Line: Bitcoin (BTC) has to stay above 8500. That is the location of the 50-day moving average. If that level holds, chances increase that Bitcoin (BTC) follows alts and goes up to 10k. If Bitcoin (BTC) continues to fall, the fall could be dramatic. The target could be 6k. Reason: We remember the severity of the 2018 drop. In the end, we believe the move could be up, but we are keeping an open mind to all scenarios.
$ZRX, Crossing over ~3400sats resistance level (now support)...$ZRX
Crossing over ~3400sats resistance level (now support) w/ flip on the 8H chart...
Volume does not look very strong yet but is slowly rising..
UCTS signaling Buy across multiple TFs..
RSI Reaching overbought (bullish)
If volume keeps flowing, ~4200 as target..
#ZRX
ZRXUSDT BullishZRX/USDT is in a strong Uptrend and still pushes the price up. In the chart we can see the lower trend line, which ZRX often respected and always bounced UP. I marked the impulse motion of the ZRX with five waves, and we should actually go to complete the fifth wave.
ZRX is still in the tracking phase for us because I want to wait for confirmation of increasing movement. If he breaks the Key zone and keeps this value, it will be a bullish signal for me and I immediately enter the trade. We will buy it in the Re-buy zone worth 0.3$ to 0.29$. Take Profit Zone at 0.38$ to 0.39$. If ZRX breaks the bottom trend, we set the Stop Loss to 0.28$.
$ZRX 0x Long Idea- Low Time Frames (LTF) have healthy volume coming in, which is what I wanted to see at this level.
- Looks like a C&H is forming on 1D chart
- It had its pump several weeks ago and since then has cooled off, I think it's ready to make its move back up & reclaim
Trade invalidated if we close below the 2800 support. I anticipate BTC will go sideways for awhile allowing alts to breathe/pump. No, I don't think it will be like 2017 Alt Season, but, we should have some fun.
Follow me on twitter for other set ups, November has been great! @HerroCrypto
$ZRX, Sitting over support at ~3000 sats with decreasing volume$ZRX
Sitting over support at ~3000 sats with decreasing volume after the big drop that happened a few days ago(25%+)...
EMA50 (green) acting as support
UCTS indicator starting to show Buy signals on lower timeframes
On lower TFs picture is clearer aswel..
#ZRX
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I have to do a few clicks and everything is managed automatically by the platform..
Thanks
ZRX: Can You Buy an Alt on a Dip?When altcoins have rallied in 2019, it's been a sudden one-way ticket higher, and then the move ends. Pretty much everybody misses the rally, and everybody loses money who FOMOs after it.
To see if that story is changing, we are looking at ZRX on Coinbase. There are no doubt a lot of new users must be flooding in there. Conveniently, ZRX seems to be dipping towards a support level at .25. We think it may be worth a shot to take advantage of today's down day and maybe buy a dip here. If it works, the upside could be up to .40.
Bottom Line: if "blockchain is back," then smaller crypto should find buyers on dips. We think ZRX is an excellent place to try and experiment with buying a dip in an altcoin.