ZRXUSDT.PS trade ideas
ZRXUSDT- Long - Potential 38.62%ZRXUSDT- Long - Potential 38.62%
Entry - 5474
TP1- 6293
TP2 - 6954
TP3 - 7614
SL- 4774
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ZRX USDT Long Looks like a perfect set upEntry 0.6272
SL 0.58
TP1 0.7 (50%)
TP2 0.75 (25%)
TP3 0.8 (25%)
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ZRX USDT LongZRX USDT Long
Looks like is on the way to a second wave
Entry 0.683
SL 0.6
TP1 0.8 (50%) then move SL up to 0.683
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ZRXUSDTShort term target.
The yellow line must not be broke, otherwise this count would be invalidate
SHORT ZRXUSDT possible upcoming bull breakoutConverging wedge heading south. Breakout or breakdown will be decided without the next couple of days. If follows trend, expect 2x returns in short term.
Bullish pennant breakout on ZRX happening right now. With ZRX having formed a bullish pennant on both ZRXUSDT and ZRXBTC a breakout is now imminent.
ZRXUSDT 4H long setup after consolidation at major support levelTA Explained
ZRXUSDT finished the pullback of the great impulse of last week. Price pulled back and spike into previous resistance area. Moved up and consolidated at level which is now considered local support. This area aligns with the 0.618 fib level. Now the price is looking for an upwards move again. And it looks very strong. Why? Have a look at ZRXBTC.
Looks familiar? That's already interesting but the most interesting thing is if you zoom out and take a look at where the green dotted lines come from.
We can conclude that price broke the a previous support level back in March - May 2019 which acted as resistance now. Price is consolidating right above it and gearing up for another attempt to break the upper resistance.
Trade setup
Best entries: 0.6820 - 7300
TP1: 0.8629
TP2: 1.0215
TP3: 0.2347
SL: 0.6325
RR: 7.19
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Possible Rebuy areas of ZRX It's not an investement idea. It's an opportunistic idea :)
Take it or leave it.
