Technical analysis:
. 0x/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2220 to 0.1710). if so, traders can set orders based on Price Action and...
Technical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action...
Hello, Traders!
Monfex is at your service and today we overview ZRX/USD.
Classic Elliott Waves 12345 still active but will be safer for us to buy by breakout this resistance zone. Now we see a bullish flag formation while the entire cryptocurrency market has grown significantly.
The resistance zone ~ $ 0.34 - 0.345
The support zone ~ $ 0.282 - 0.273
Supposed...
Hello, Traders!
Monfex is at your service and today we overview ZRX/USD.
ZRX shows us a good ascending movement and now we see the ascending triangle with the strong support lines of triangle, MA50, MA100. Stoch RSI enter the oversold zone. Classic Elliott Waves 12345 we can see on 6H chart below:
Two...
Hello, Traders!
Monfex is at your service and today we overview ZRX/USD .
Classic Elliott Waves 12345 we can see on this chart and confirmation of a long position will be breakout of $ 0.3455. Stoch RSI oversold and it's going to rise up, but we have a bearish divergence by simple RSI and it's not a good sign. Maybe this divergence was realised on 15-16 October...
Hello, Traders!
Monfex is at your service and today we overview ZRX/USD.
There are two support zones and MA100 with MA200 near its, after a rapid fall in the last day - you can expect a short-term rebound from them. RSI oversold and it's going to rise up!
Supposed Trade Signal by ZRX/USD
Buy near $ 0.28 - 0.273 OR $ 0.254 - 0.25
Take profit ~ $ 0.313
Stop...
Technical analysis:
. 0x/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.203000 to 0.137800). if so, traders can set orders based on Price...
Technical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a...
Technical analysis:
. 0X/ETHEREUM is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an...
(ZRX) - Downward trend has started, unless there is a break of the trend we should hit the targets stated. Sideways trading could be a possibility and volatility has been low in the past 5 weeks.
Technical analysis:
. 0X/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. 0X/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
0X/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to...
