zrx - btc risk reward risk management 4 hour chart cost average
charts 4 hour risk reward cost average
I am bullish on ZRX for the next month as the previous up and down trends have lasted about 50 days each. The current up trend is only 5 days old. My position closed at my tight trailing stop today. I am gaining confidence with this trend that I may consider holding longer term on my next entry. However, my cryptonoob guts sense a pullback coming. I just...
I bought back in. Admittedly, based partly on FOMO. I need to go to sleep! Overall, I sense a continuation based on looking at the different timeframes and the support on the RSI. I predicted accurately the breakout from exactly 1400sats. I intended on setting a limit order there, but doubt set in. I missed it. I told myself that I would buy back in if the...
The 50 RSI has not been pierced through. Notice how every piercing marked the establishment of a trend reversal. The day candles are currently being supported by the 20EMA (yellow), which has not happened since the current down trend began. The trend looks to be weakening. However, the bulls seem to be facing resistance, with people in the cryptosphere...
Generally bearish feeling, but I could be wrong. Looks to be another pullback from a downtrend. Notice how on the first pullback on the previous uptrend, there was support on the 50 EMA before continuing up. *I started crypto trading a few months ago.