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ZRXUSD trade ideas

0x Shows Strength, After Regaining Support On Key Level! (ZRX)One cryptocurrency that really has my attention right now is ZRX. You can see that there is a very well defined range on the chart (in grey) which ZRX has reacted on numerous occasions. I've circled some of the key reactions in green and red. The green circles show key/initial support, and the red circles show resistance. What we can see now is that ZRX was trading below the grey range for about a year and a half. We can see that there were many failed attempts to get back into the grey trading range. Recently however, ZRX was able to get back into the grey trading range. Additionally, it has held the bottom of the trading range as support — something that hasn't happened in a meaningful way since March of 2018. So, this is definitely an interesting development, and I think it could be setting ZRX up for a major upside move, especially if the crypto space continues to pick up steam. I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** -JD-
BINANCE:ZRXUSD
by MagicPoopCannon
13
AVOID ZRXUSD 50% dump from here(NEW)before we kick start the update. your upvotes/subs are appreciated. Why get subbed to to me on Tradingview? -TOP author on TradingView -professional chart break downs -key levels -no junk on my charts -frequent updates -covering FX/crypto/US stocks -24/7 uptime so constant updates -strong track record -before/after recaps of setups So without further due. Keep it short/simple and to the point. AVOID ZRXUSD 50% dump from here IMPORTANT NOTE: this is speculative setup. results not guaranteed. do your own due dill. at all times please use a stop loss. ZRXUSD was on BUY list previously, a lot of traders, who followed me made away with 100-150% return, was a great call. What's up next though? 50% dump from here, so please avoid ZRXUSD next 4-10 weeks, you don't want to be a bag holder in this market, stay safe! good luck traders. My previous track record is pretty strong, feel free to review some of my home runs in crypto space. Please also subscribe and add likes to support my effort. Here are some of my recent winners in crypto, click play to recap: XTZUSD D1 STRONG BUY 90% upside(NEW) ZILBTC 4H 60% upside strong chart(NEW) ZRXUSD 2d speculative setup 100% gains(NEW) get subbed to stay tuned for all the latest updates. also add likes to support my efforts, thank you.
COINBASE:ZRXUSDShort
by ProjectSyndicate
1
ZRX in the next week ----- 0.21 and lower? Hello, In support of the ZRX analysis I just posted, here is another focusing on what ZRX might do in the next week or so. If you want to know in a little better detail why I am predicting a the price to drop to 0.21 check my bearish engulfing post. But I did want to zoom out a bit to get a better look what ZRX is doing relative to the past month or so. If the bearish market I imagine is coming happens, we could reach 0.21- a strong support, and possibly retest the upper channel(in white) at 0.28. Then if the bear market is still strong a complete drop to the bottom of the channel around 0.10. I say this because there is not a massive amount of support for the current price movement upward. There is no structure and therefor the only structure is BTC, but as I laid out in my other analysis, I think BTC is approaching a bear market as it is in a bear flag and repeatedly rejects upward price movements. So if this is the case, BTC falls, so too will ZRX, far past the point in which the pump that led it up to 0.70 began. Just a thought though, let me know what you guys think. Thanks for reading, - Max K.
COINBASE:ZRXUSD
by MaxKoke
5
Bearish Engulfing PatternHello, hope all is well and everyone is healthy. I wanted to update all of you on my thought of ZRX. So looking at the 1 day chart there is a bearish engulfing pattern, a sign of a large downtrend. Couple this with the fact that BTC, whose behavior effects ZRX, is in a bearish flag and despite a decent amount of volume the price is struggling to keep any upward momentum without being pushed back very quickly- a sign of an emerging bearish trend. I will add that looking at the RSI for ZRX, it is very high(70 at this moment) even with a substantial decline in price. Which again, is bearish. Bumming people out is not my goal here, I am just making a couple simple observations and want to share because in the short term, the next two weeks or so, there is definitely a chance crypto turns into a bear market. Because of the halving, there is no doubt in the long run we will see very large price increases and an ensuing bull market. These things take time though, months or more to fully play out. It wont happen over night. With that said, I could absolutely be wrong(see quote below) so make sure you do your research and prepare yourself and be safe trading guys. 👍🏻 There is a very famous saying in trading- "The markets can stay irrational longer than you can stay solvent". Remember that. Who knows what the market will do, I am simply speculating one thing it could do, please do not trade based on this. Thanks for reading, - Max K.
COINBASE:ZRXUSD
by MaxKoke
1