OX: ZRXUSD. Buying Demand Is Back & Now Above It's 50EMA.
Updated
https://www.tradingview.com/x/2hscDTGg/
Cryptocurrency seemed to love FOMC a couple of days ago, unlike the Gold-price that sent a nasty sell-signal to Long-holders, not even 1 hour after an interest rate reduction was announced. But that's Gold-trading where your screen can go from red to green at the blink of an eye and vice-versa before you get a chance to rub your eye-brow.
OX is ZRXUSD and its about to make a bullish cross on the Daily timeframe and it's really turned around as of late. I give it a Buy-signal.
If you're looking for something a bit more long term, consider OX maybe, 370% under it's 2024 March high. Unlike the Gold price, where you generally get zero % under yearly highs.
Cryptocurrency seemed to love FOMC a couple of days ago, unlike the Gold-price that sent a nasty sell-signal to Long-holders, not even 1 hour after an interest rate reduction was announced. But that's Gold-trading where your screen can go from red to green at the blink of an eye and vice-versa before you get a chance to rub your eye-brow.
OX is ZRXUSD and its about to make a bullish cross on the Daily timeframe and it's really turned around as of late. I give it a Buy-signal.
If you're looking for something a bit more long term, consider OX maybe, 370% under it's 2024 March high. Unlike the Gold price, where you generally get zero % under yearly highs.
Trade active
Buy ZRX USD (Ox) at market price up until 0.4050
Stop Loss: 0.2998 (under the 9ema/50ema bullish cross DAILY)
TAKE PROFIT 1: 0.7500
TAKE PROFIT 2: 0.9000
Note
It's up 5% so far today Saturday 21 Sept. It will go higher today up around 7 or 8% I think.
Note
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