Market

Nice Channel For ZRX – Possible 25% Gains for COINBASE:ZRXUSD by MoneyGrind

Overview
– Overall ZRX is showing a nice channel where accumulation could be going on. Currently at a low-risk entry. Let’s start from the top!

Price Chart

– This trade may require a little bit of patience as I think it’d look best if the MA lines(green/yellow) move closer to the current support of $2.04

– If BTC begins to dump ZRX could see $1.83 so patience is key here

RSI

RSI looks great. Bouncing off the lowest value(shown by yellow line) always has the possibility to have a breakout

– If breakout does occur RSI has plenty of room to grow

Stoch

Stoch value is low. Lower the value the more likely ZRX will see higher prices

Extra Info

– Learn about ZRX here: https://0x.org/

– ZRX VOLUME: https://coinmarketcap.com/currencies/0x/…

If you enjoyed this analysis or learned something new, please LIKE this idea 👍
FOLLOW for important updates for this coin and helpful trading strategies 🏆

Would also like to know your thoughts! Remember this is not financial advice, however, it is an overview of what I am seeing in this coin’s price action.

– Been working on a COMPLETE trading guide so stick around for when that’ll be released! Currently has:

* OVER 70+ Basic/ Advanced Trading Terms

* Trading Concepts to Help Jumpstart Your Trading For Any Experience Level

* TONS of Trading Patterns with Homemade Examples/Videos

* HUGE Range of Indicators That’ll Teach You the Inner Workings AND How to Use Them to Boost Your Profits

-Happy Trading

MoneyGrind

Most Related Links :
editorpen Governmental News Finance News

Source link

Back to top button