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
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
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.