$ZRXUSD - Bearish moodHello everyone!
ZRX Looks to be forming a bearish flag rather than an uptrend channel because the bears pressure is stronger and there is no impulse.
Taking into an account the current chart setup, ZRXUSD might drop to 0.3750 and 0.3760 to retest support and might pull back upwards.
0x
CRV SAND SHIB ZRX cryptocurrencies - potential trades!Hello colleagues!
Looking at the situation in the cryptocurrency market , we saw a different attitude of altcoins to the local weakness of BTC.
We picked up bright examples and gave our assessment of how to trade cryptocurrency in the next few weeks.
The price of BTC has every chance to try to organize another wave of falling down. We talked about this in our previous BTC forecast, where we shared our trading plan ( click on the current forecast link )
According to our BTC forecast, we have forecast potential trades in cryptocurrencies CRV SHIB SAND ZRX
Cryptocurrency CRV
Entry: $2.26
Take Profit: $2.93
Stop Loss: $2,123
In the event of a weak rebound in the CRV price, we recommend closing the position at $ 2.48
Cryptocurrency SHIB
Entry: $0.00002255
Take Profit: $0.00002849
Stop Loss: $0.00002048
Cryptocurrency SAND (we expect a false break of the liquid zone of $ 2.66)
Entry: $2,262
Take Profit: $3.66
Stop Loss: $1,996
ZRX cryptocurrency
Entry: $0.7157
Take Profit: $1.0916
Stop Loss: $0.6448
How do you like this format of forecasts? What do you prefer a detailed and thorough description of one cryptocurrency or a selection of clear trades? Write your opinion in the comments!
Is it possible for the ZRX crypto to recover?After Ox joined with Coinbase, the world's second-largest cryptocurrency company, the price of ZRX skyrocketed. Coinbase's non-fungible token (NFT) marketplace now includes Ox as its blockchain supplier. As a result, its coin price is rising as investors believe that this is a validation of the network.
Bullish Scenario: Before the Coinbase alliance, the ZRX price was in a gradual upward trend on the daily chart. ZRX has increased by more than 50% and is now trading at $0.89, its highest level since December of last year. ZRX is trading above the $0.80 support level. If it remains above this zone and the $1.01 resistance level breaks, we could see a move towards $1.18, $1.41 and above.
Bearish Scenario: ZRX is still in a downturn on higher time frames including daily, weekly, and monthly so we aren't quite out of the woods yet to have a strong optimistic bias. Failure to hold the $0.80 support level and a break below $0.65 might lead to a slide to $0.52 and even below.
ZRXUSD About to break its Bear Cycle. Potential target $6.000x (ZRXUSD) made an impressive price jump yesterday after making contact and rebounding on the 1D MA50 (blue trend-line). This chart is on the 1D time-frame but the RSI below is on the 1W while also the 1W MA50 (red trend-line) is displayed.
As show, the Bear Cycle since the April 10 2021 High has been dictated by a Lower Highs trend-line. Right now the price is close to making contact with that level for the first time since October 31 2021. This is a similar pattern with that of April 2019 - February 2020. Excluding the Black Swan event of the COVID market crash in March 2020, when the price broke above the Lower Highs, the market gave a confirmed signal of a new rally.
Notice how the third Bullish Cross between the 1D MA50 and the 1W MA50 gave a confirmed signal. On the current Cycle, if those two cross again, it will also be the third time. Technically the last confirmation will come when ZRX breaks above the Resistance Zone, which is made of the last Lower High. A rally towards the 2.0 Fibonacci extension would be the technical target.
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0x Moving Above EMA200 (Strongly Bullish)We can see ZRXBTC (0x) moving above the MA200 black line...
This is a really good and strong bullish signal, high trading volume is still yet to come which tells us that there can be additional growth.
As I mentioned in the UNIBTC chart analysis, we look like to near support.
Even though we have a strongly bullish chart here, we normally skip this one for the ones that are yet to start moving.
We like to buy BEFORE the bullish action starts.
This is still good though if you know what you are doing.
Light blue = support
Light yellow = resistance (targets)
This is not financial advice.
Namaste.
0x vs Tether (Major Downtrend Ends, 125% Growth Next!)We can look at this in different ways...
This time lets focus on the trend.
Recently, ZRXUSDT (0x) has come out of a major downtrend, this downtrend remain active for many months.
By downtrend we mean lower highs and lower lows.
Now that the downtrend is over, what follow is an uptrend which starts with an impulsive bullish wave.
Whatever action we see now is only the beginning.
The green arrow represents the bullish path.
It doesn't grow in a straight line.
There will be retraces and corrections along the way.
We are bullish now.
Namaste.
🆓0x (ZRX) Jan-26 #ZRX $ZRX
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.5$ zone
🔴Buy : 0.5
🔴Sell : 0.6 - 0.7 - 0.8 - 1
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.5$ zone
🔵Sell : 0.5
🔵Buy : 0.4 - 0.35
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Binance: 0X (ZRX) buy / long H4Binance: 0X (ZRX) buy / long H4
Entry: 1.16
SL: h4 close below 1.05
TP: 1.4 - 1.45
0X protocol is an open-source protocol and enables peer-to-peer exchange of tokens on the Ethereum blockchain. Several projects have been developed on 0X, such as Radar, ParaDex, and DeversiFi.
The protocol is built on an off-chain order relay with on-chain settlement. Specifically, orders are signed and broadcasted on the blockchain, while settlement is done on the blockchain.
Unlike Ethereum-built DEXs 1.0 (e.g., Oasis, IDEX), this protocol allows users to send and cancel orders without any associated gas fee, while maintaining the non-custodial feature of DEX.
In addition, the 0X protocol allows interoperability between dApps, fostering the liquidity of networks through positive network effects.
ZRX tokens are used for governance functions within the 0x ecosystem. They are also used by relayers to create liquidity pools.
ZRXUSD Resistance Turned SupportOne for the 0x bulls
Multiple ways can be seen to display the transition from resistance to support
WIth a simple horizontal line
Using the 50 day MA
and also using a fibonacci circle which shows a rejection early at 3.618, then this turned to a support later on
Bullish
Which Side will Prevail? ZRXUSD A chart for ZRXUSD
I have identified both possibilities for price action
for the bears, a triple top and a combined rising wedge. Both of these together make a good case for bears
for the bulls, using the MavilimW indicator I have plotted a,b,c, showing a comparison to a previous point in the run up which may repeat
I am siding with the bears generally because the Rising wedge is very indicative of a bearish short term move, which will lead to the breaking of the uptrend line, and movement down the side of the circle.
0x ZRXUSDT - Elliott Wave + Rising wedge- 0x - ZRX - Rank #101 - Token
- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge, that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
#4 | 0x vs Tether (ZRXUSDT)We have some similar signals here for 0x (ZRXUSDT) to what we just saw with Alien Worlds (TLMUSDT).
Strong candles with very high volume to break above EMA10/50/100 and MA200.
The MACD is in the bullish zone while showing plenty of room available for additional growth.
The RSI is at 66.66.
Just 50 is considered strong, 66 is super strong.
We don't need to get into any more details, we've been studying daily these signals and they are clear... What do they say?
There is potential for additional growth.
Remember to always COMMENT and FOLLOW if you would like to show your support.
Namaste.
ZRXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
🆓0x (ZRX) Oct-6 #ZRX $ZRXZRX has good support at 1$ zone and is heading to 1.2$, 1.6$ and 2$ zones in this October. But if it loses this zone, it will fall down to 0.85$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1$ zone
🔴Buy : 1
🔴Sell : 1.2 - 1.6 - 2
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1$ zone
🔵Sell : 1
🔵Sell : 0.85
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone