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0x / TetherUS

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ZRXUSDT shortThe Head and shoulders pattern is formed. A price will broke the neckline. So it will be downtrend. At day chart we have bearish signals too. Signals: Dark cloud cover at day chart EMA 9 crossing EMA 20 MACD line crossing Zero line Please support my work by clicking the LIKE/FOLLOW button. Always do your own analysis and trust your intuition! If someone wants advice or private analysis send a PM. I would be grateful to earn some money for you and you send me some donation for my work.
Short
by stodor99
Bearish triangleZrx looks very weak on this 45m chart. You see 1-2 bars with the maximum volume, I highlighted them with two arrows, they have a maximum above the level of 0.35. However, these extremely high volumes on attempts to rise can mean hidden weakness. Most likely, hidden professional selling occurred around 0.35 because at point 3 there is trading on very small volumes near the resistance level. This means a weak market and a lack of demand. Arrow number 4 indicates a surge in volumes amid falling prices - a typical occurrence for selling pressure. Sellers come out of the shadows. A burst of activity on arrow number 5 indicates a bull trap. This is a fraudulent movement that often occurs on the eve of decline. Thus, we can most likely say that the chart tells us a bearish story. Several attempts to establish a bullish trend were not successful, therefore, a bearish breakdown of the triangle in this situation looks like the most logical development.
Short
by supplyanddemandtrading
ZRX/USDT - sellers dominateLook at the candles sellers dominate. The fuse at the top is a sign of the seller. It all depends on the BTC. It can change the mood in the market if one candlestick gives up. ZRX/USD such a triangle looks down. The indicators show the weakness of the asset. Break-down support (key level) and move down. Cancel downwards, going beyond the 0.37$ level. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Short
by Valeriia_Top
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