Long
$ZRX by Tilt (Formerly CryptoLink)
Requested by someone in our free and friendly discord (link in my profile)...This is a project I follow really closely so I wanted to throw up the chart.
We're looking at a crazy push as people are starting to get worried about missing the add to coinbase. Had a quick fake-out yesterday with the SUB hack and we saw the immediate pump and dump there. Now we're looking at news that both Coinbase and ZRX had SEC filings very close to one another (2 weeks) which is creating the Coinbase buzz. We're oversold on ZRX. We've looked like it needed a cool-off for a bit but it blew through the trend, blew through two resistances. Now there's pretty much nothing but ATH in sight.
This is my biggest bag and I'm hodling it since 20 cents so keep that in mind. If I was swing trading I still would probably just hodl. Its not charting particularly well with the FOMO. I'm going to say that it probably retraces to that support area then picks up another leg.
Probably no coinbase announcement this week so we may see a retrace and a chance to get in cheaper.
Also coinbase is just conjecture, don't take it as a definite.
We're looking at a crazy push as people are starting to get worried about missing the add to coinbase. Had a quick fake-out yesterday with the SUB hack and we saw the immediate pump and dump there. Now we're looking at news that both Coinbase and ZRX had SEC filings very close to one another (2 weeks) which is creating the Coinbase buzz. We're oversold on ZRX. We've looked like it needed a cool-off for a bit but it blew through the trend, blew through two resistances. Now there's pretty much nothing but ATH in sight.
This is my biggest bag and I'm hodling it since 20 cents so keep that in mind. If I was swing trading I still would probably just hodl. Its not charting particularly well with the FOMO. I'm going to say that it probably retraces to that support area then picks up another leg.
Probably no coinbase announcement this week so we may see a retrace and a chance to get in cheaper.
Also coinbase is just conjecture, don't take it as a definite.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.