ZRX USDT Cup and Handle Possibility ?? Cup and Handle >> It is not an Investment Advice. It is for Tracking Purposes
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ZRXUSDT.P trade ideas
0x- Dex tokens go up with DeFi goldrush! Long it in the buy zone unless the breakout fails and the price falls below the invalidation lvl.
0x (ZRX) & kyber network (KNC) are two of the older DEX tokens (Decentralized exchanges) and they are both on Coinbase. Whereas, Balancer (BAL), airswap (AST) and other DEX token s are not.
ZRX is still under $1 and unlike KNC which has gone up 10x already, it has "only" gone up 2x this year. Furthermore, its spot trading volume is consistently ranked among top 10 DEX (Uniswap doesn't have the native governance token) and its token, in terms of trading volume, is consistently ranked in the top 5 DEX tokens.
The only thing to watch out for is its market cap... Yes, in crypto, 300 million market cap means large cap and speculators had the penchant for driving up the price of low market cap tokens between 50 to 100 million back in 2017.
I expect the Defi gold rush and liquidity farming to continue carry DEX, lending and oracle tokens at least in the near future.
ZRXUSDT AnalysisPeople who bought ZRX on April from the MOON signal, enjoy your 128.61% PROFIT that you made in 4 months!
There are also MA20-MA50 cross strategy present with MOON signal & the cloud is green as a buy signal.
If you are holding ZRX, do not hurry to sell since there are no sell signals present. If you want, you can take profit at the resistance level (0.48) or you can sell when the candles open close below the support level (0.34).
Also, if you want to buy ZRX, do not hurry to buy since the risk & reward ratio is lower than 2. You can buy when the candle open close above the resistance level (0.48).
After you buy, watch out for EngineeringRobo's sell signals to not lose your money or your profit.
ZRX/USDT in good support zoneAs i already mentioned in the chart we can see ZRX/USDT sitting at a very good support here.
We have a fresh reclaimed support zone + Price is sitting at EMA 200 (4h tf) + price bounced from trendline support.
For me this are 3 very postive points and i consider going long in the next little dip.
Always use a good MoneyManagement and RiskManagement in any other way you get rekt!
Leave a like and a follow if you enjoy my TA, also feel free to check my previous posts :)
ZRXUSDT AnalysisI am mostly positive about ZRX. Engineering Robo is giving a Buy 2 signal. In addition, the MA 20 (blue line) is above the MA 50 (yellow line) indicating that it is time to buy it. If the candles continue to go up and pass the 0.4826 resistance level with an open-close candle, I can buy it. If, however, the candles move down, I can wait for a hell or sell signal to sell it.
ZRXUSDT analysisWe can buy at support 0.4480USDT. We can sell when we get either sell2, hell or red robo signal.
ZRXUSDT ANALYSİSI have 4 positive signals ı am bullish at the moment
If you hold this coin you can sell at the resistance line( $ 0,4477) or you can wait for EngineeringRobo' s sell signal.
Buy this coin if the resistance line turns the support line ($ 0,4477)
Have a good trade If you want to use EngineeringRobo please dm me.
ZRX/USDT bullish setupIn ZRX/USDT we can see the actual resistance level was testes already 5 times. Maybe the next time when we touch it it will a breaker!
I hope for a little dip to my long orders at the low.
You can also wait for an confirmed breakout and restest
Enjoy i would appreciate a like and follow :)
ZRXUSDT - Higher LowHello Crypto Traders,
It are interesting times in cryptoland, isn’t it!
ZRX on the 4H chart. We are in a uptrend and pulling back towards the channel. We will try to set a higher low and then continue the uptrend. If the broken channel act as support we can make a entry with a target projected on the chart.
ZRXUSDT 12H long setup after breakou of TrendlineTA Explained
ZRX broke the trendline on the 12H timeframe. After the break a retest of the line resulted in a bounce and futher upwards movement can be expected. Pullback of the last impulse, the bounce, seems to be completed.
Targets align with previous high and extended fib levels.
SL is below important fib levels on multiple timeframes.
Trade setup
Best entries: 0.3930 - 0.4040
TP1: 0.4693
TP2: 0.5423
TP3: 0.6058
SL: 0.3663
RR: 6.44
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)
Binance Hot list coin July 27, 2020 : ZRXUSDT #1The price is trending very close to the APEX of this Symmetric triangle. A break out on both side could occurs in near future. A break to the upside, will leads the price to the $0.4 and you can prepare the long trading set up. But, breaks below the support trend line, will leads the price to the $0.3 and you can prepare the short trading set up.
DeFi Buy Opportunity - Bullish Head and Shoulders0x is forming a reversed head and shoulders on the 4h chart. Further Upside is expected. if support holds then prices go up.
DeFi tokens trading competition is on, thus further volatility is expected on this coin. Play safely.
Buy Current price.
TP: 0.41 - 0.42 - 0.44
ZRXUSDT ANALYSISThe candles continue inside 2 horizontal lines. In this time, you may buy at the support level(0.3472), and sell it at the resistance level(0.4482).
After a while, I believe they will pass he resistance level(0.4482)
