Hi dear members, hope you are well and welcome to the new trade setup of 0x Protocol (ZRX) token with Bitcoin pair.
Previously I shared a long-term trade setup for ZRX on a monthly time frame, unfortunately the priceline broke down a long-term support of $0.30 but it is still moving in the potential reversal zone and can start a massive reversal move from here. Below is the setup.
Now on a daily time frame, ZRX has formed a bullish Shark move for the next price reversal.
Buy between: 0.00000661 to 0.00000646 btc
Sell between: $0.00000682 to 0.00000719 btc
Stop loss: Below 0.00000646 btc
Possible profit ratio:
As per above targets there is a profit possibility of 11% and a loss possibility is upto 3%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Previously I shared a long-term trade setup for ZRX on a monthly time frame, unfortunately the priceline broke down a long-term support of $0.30 but it is still moving in the potential reversal zone and can start a massive reversal move from here. Below is the setup.
Now on a daily time frame, ZRX has formed a bullish Shark move for the next price reversal.
Buy between: 0.00000661 to 0.00000646 btc
Sell between: $0.00000682 to 0.00000719 btc
Stop loss: Below 0.00000646 btc
Possible profit ratio:
As per above targets there is a profit possibility of 11% and a loss possibility is upto 3%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.