Shotokhan

ZRXBTC on the move... FINALLY!

Long
Shotokhan Zaktualizowano   
BITTREX:ZRXBTC   0x Protocol / Bitcoin
Ok, I admit it, I was very very annoyed with this one! I've entered at begin of February which in retrospective was a month in which I should have just traded BTC for short periods. However after a long wait ZRX is moving up again and hopefully this will go over its ATH.

IF you entered the trade when I posted my old TA on this one you're currently +20% so congrats if you followed me before. However let's talk about current situation: price is currently hitting an ichimoku resistance, to leave the chart more tide up I've left that shorter purple rectangle to indicate it.

I think it's likely that price gonna bounce off this resistance and go down. You can accumulate at 2885sats (buy 30% here) and also at 2715 sats. Should price go lower than this last resistance sell to cut potential loss, a thing which is likely to happen if BTC start pumping big.

The bullish scenario is that in 3 days price enters the cloud (again, not shown here) and gains momentum to pierce it and break upper resistance. If this happens you better have your bags filled ;)

In any case this trade can also take weeks but in a way or another I think ZRX will do very well and return good high profits. The project itself has wonderful FA and this counts!
Komentarz:
Currently over 35% since my call and my time analysis was respected, within 3 days price pierced the cloud (it took 2 days). Congrats if you followed me! I see a bear DIV at 4h just over the ichimoku's upper resistance so it's possible we'll se a retracement from here. I expect ZRX to do much more than this so 2 options:
1) sit and wait through the retracement;
2) sell and enter at the bottom of the retracement. Your call but remember to have ZRX in your bags! ;)

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