ZRX: Perfect Breakout, Where Does It End?Hello my dear ZRX traders, HODLers, and everyone else who's looking at this! ;)
We've perfectly predicted the current breakout of ZRX thanks to Runar and made amazing profit since -let's have a look where this can still go! ;)
You can use the Odin framework as a trial version for 7 days, look in the signature! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
0x
0x (ZRX) - 1:21++ Missed Trade :'( @coinselorThere are a lot of coins to keep track of and somehow I missed this one completely. I'm not going to enter right now because I really like that target and it wouldn't be worth it in terms of risk-reward vs holding time.
Hope you were paying more attention than me.
BINANCE:ZRXBTC
Market Cap:
$160,108,496 USD
18,689 BTC
ZRXBTC Buy SignalBased on the RSI pattern (around the overbought zone) I expect a sharp increase if the 1D MA200 breaks. The same RSI pattern is seen in the past (Dec 2017 - Jan 2018 and April 2018) and on both occasions a strong rise followed (+1600% and +360% respectively). The less optimistic scenario puts the target tag at 0.00006500.
0x [ZRXBTC] Long-Term Chart w/ 1350% Potential Profits TargetsHere is the long-term chart for 0x (ZRXBTC) with long-term targets.
We are looking at 1147% Potential Profits to All-Time High.
Followed by as much as 1350% PProfits to a new ATH.
On the chart above we can notice:
Classic falling wedge (the most common pattern so far).
Oversold RSI.
MACD at all-time lows curving up.
MACD:
The rise to new highs might not be as fast as in the past, it can take longer but prices can reach higher.
Thanks a lot for taking the time to visit, like, follow, comment, and read.
Namaste.
0x Ascending Triangle Broken | Additional 60%+ PossibleWe got 0x (ZRXBTC) at the true bottom, short-, mid- and long-term and our trade is now at 66%+ of profits... You can look at it here:
But this is not all, more can come from this pair/chart... Let's take a look:
ZRXBTC is trading above resistance (EMA10/50).
New uptrend has been established.
Strong RSI.
Increasing volume
Breaking out of the ascending triangle.
This is a strong and bullish setup... We can expect ZRXBTC to continue growing...
This isn't financial advice.
Namaste.
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0x/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.203000 to 0.137800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.203000)
Ending of entry zone (0.137800)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.270000
TP2= @ 0.360000
TP3= @ 0.460000
TP4= @ 0.558800
TP5= @ 0.690000
TP6= @ 0.813500
TP7= @ 1.019000
TP8= @ 1.223000
TP9= Free
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0x/US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.203000 to 0.137800). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.203000)
Ending of entry zone (0.137800)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.270000
TP2= @ 0.360000
TP3= @ 0.460000
TP4= @ 0.558800
TP5= @ 0.690000
TP6= @ 0.813500
TP7= @ 1.019000
TP8= @ 1.223000
TP9= Free
There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000021)
Ending of entry zone (0.000015)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.000030
TP2= @ 0.000040
TP3= @ 0.000055
TP4= @ 0.000070
TP5= @ 0.000080
TP6= @ 0.000100
TP7= @ 0.000121
TP8= @ 0.000149
TP9= @ 0.000186
TP10= Free
There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000021 to 0.000015). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000021)
Ending of entry zone (0.000015)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.000030
TP2= @ 0.000040
TP3= @ 0.000055
TP4= @ 0.000070
TP5= @ 0.000080
TP6= @ 0.000100
TP7= @ 0.000121
TP8= @ 0.000149
TP9= @ 0.000186
TP10= Free
0x Is Growing But Can Easily Do 100%+ MoreWe caught 0x (ZRXBTC) early and we sitting on 40%+ of profits already based on our last chart setup, but additional growth is possible.
ZRXBTC is showing great volume, challenging resistance and moving higher with good momentum.
With a very strong RSI, we can see EMA100 (blue line / 0.00002387) working as resistance... If this level is broken, EMA200 (0.00003710) is next, followed by EMA300 (0.00004730).
If the bulls cannot garner enough momentum, you can expect some retrace followed by additional growth... As usual, PATIENCE IS KEY TO WIN!
Here is the previous chart (click it)...
Thanks a lot for reading.
Namaste.
0x In A Sustained Uptrend (Easy 25%+ Of Profits)0x (ZRXBTC) is now in a sustained uptrend and challenging its next resistance at 0.00001616 marked by EMA100.
On the chart above we can see higher highs and higher lows.
There is also a bullish cross of EMA10 and EMA50.
The RSI is super bullish sitting at 64.92.
The MACD is now on the bull zone and gaining momentum.
This one can move anytime.
The last low can be used as a stop-loss. We use manual stop-loss for safer trades.
Targets are marked on the chart.
Thanks a lot for reading.
Namaste.
____________
This is not financial advice.
ZRX in accumulation phase ??Now, this coin has broken its all-time low and currently at the price zone when this token was distributed.
It is more than 93% down and if Bitcoin dominance increase this could be the worst performer coin.
ZRX (0X) 1400% Profit Potential ..!!ZRX (0X)
- Currently at Bottom & Holding the Support in Weekly Chart.
- Forming Bullish Pattern As Well (Falling Wedge) in Weekly..
- Indicators Are Turning Bullish & Buyers Coming in Grab it For MIDTERM/LONGTERM Berfore STORM/FOMO.
- It's One of my Favorite Project
What is 0X ??
0x is an open protocol that facilitates the decentralized exchange of Ethereum-based tokens and assets. Developers can use 0x to build their own custom exchange apps with a wide variety of user-facing applications i.e. 0x OTC, a decentralized application that facilitates trustless over-the-counter trading of Ethereum-based tokens.
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me
The information given is never financial advice. Always do your own research
Spring in Septemberzrxusd is, if you go by the wyckoff method, almost finished with the accumulation phase. what we see here is the beginning of a new trend. if my assumptions are right, it could come to a rapid price increase in the next days.
if you take the last part out of this pattern, you will see a falling wedge with a breakout and retest of the trendline.
the last image is displayed logarithmically. potential price targets are shown.
0x Price Analysis ZRX / USD: Recovery Attempts0x / USD Short-term price analysis
0x has a bearish short-term outlook, with the cryptocurrency declining towards its all-time trading low.
The four-hour time frame shows that a falling wedge pattern has now formed, with the ZRX / USD pair performing a minor bounce from key trendline support.
Technical indicators on the four-hour time frame are attempting to correct from extremely oversold conditions.
Pattern Watch
Traders should note that falling wedge patterns are typically considered to be bullish reversal patterns.
Relative Strength Index
The RSI indicator is also bullish on the four-hour time frame and is now issuing a buy signal.
MACD Indicator
The MACD indicator has turned bullish on the four-hour time frame and is currently generating a strong buy signal.
0x / USD Medium-term price analysis
0x has a bearish medium-term outlook, with the 50-day moving average crossing over the 200-day moving average.
The daily time frame is showing that a major range break has occurred from a horizontal price channel, sparking a major technical sell-off in the ZRX / USD pair.
Technical indicators on the daily time frame are still bearish and remain in oversold territory.
ZRX / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a major double-bottom could form if the current all-time trading low holds firm.
Relative Strength Index
The RSI indicator on the daily time frame is attempting to recover, although it remains technically bearish.
MACD Indicator
The MACD is flatlined on the four-hour time frame and is failing to generate a clear trading signal.
Conclusion
0x has come under heavy downside selling pressure, following a bearish technical breakout from its four-month trading range.
The bullish pattern on the four-hour time frame shows that the cryptocurrency could soon experience a strong bounce, although bulls need to continue to defend the ZRX / USD pair’s all-time trading low.