ZRXBTC or the beast! Will I be able to catch it? PatienceZRXBTC 4H UPDATE - 27/04/2018
Yesterday, we had a bear trap with a FLAT from 23/04/2018 high and therefore the blue 1 called ended prematurely as we are still in red 3 cycle. From there, we should be seeing 14,293-15,373 but cycle is mature and can end at any time.
So I don't like to buy at those levels and I won't sell here or higher either.
I'd rather wait to buy lower once the motive 5 waves is completed (with risk or letting it go…)
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
0x
DNT Buy opportunityLooks like it has some serious support around the 1000-1010 mark.
Unless BTC swings down I believe this will bounce and break out. Try to buy as close to support.
Great win/loss ratio
Keep stacking
CRYPTO of the week: ZRXBTC 1h update First shot at it?ZRXBTC 1H ASIA UPDATE - 26/04/2018
The sequence from 12,452 high ended at 10,629 in the form of a motive 5 waves calling for another low (FLAT option always remain on the table) and bounce happened as a FLAT to 11,982 where started the second leg of the cycle from the highs. Equal leg area projects 10,159-9,729, with possible extension at 9,032, where buyers should appear for at least a corrective 3 waves to the upside. Aggressive traders would take a shot in 15min time frame and protect their position when we reach 50% of the cycle from 12,452 high. Don't chase here and do not open the stop. If you stopped out , move on and buy lower at the equal leg.
However, be aware that equal leg area is a bit shallow to correct the all cycle from 4,922 low and I expect a double correction in coming sessions.
I don't like to sell here and would prefer to join buyers lower, either at purple 1 or blue 1 as per the 4h chart.
Invalidation level to the upside comes at 4,922
Invalidation level to the downside comes at 12,452
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC Trade setupZRXBTC 4H UPDATE - 26/04/2018
The cycle from 4,922 low is called ended at 12,452 as a motive 5 waves , therefore calling for another motive 5 waves to the upside once correction is completed.
So, for now, as long as below 12,452 , I expect a pullback in the form of a corrective 3 waves where buyers will appear. Level of interest while waiting for more data to be more precise comes at 8,606-7,699 . The setup is clear in the 4h and will be executed in the 1h time frame.
Invalidation to the downside comes in at 12,452 but I don’t like to sell any bounce here.
Invalidation level to the upside is 4,922.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
0X , Hunt this long-term Buy opportunity for ZRXUSD.Technical analysis:
0X/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 36.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.435 to 0.260), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.435)
Ending of entry zone (0.260)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.728
TP2= @ 0.854
TP3= @ 1.178
TP4= @ 1.435
TP5= @ 2.060
TP6= @ 2.529
TP7= Free
0XUSD ,TP2 hit with 2505420 profit. New Buy Opportunity...0X/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle (Hammer) at 04.03.2018 .
Total Profit: 2505420
Closed trade(s): 395920 Profit
Open trade(s): 2109500 Profit
Closed Profit:
TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit.
TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit.
134960 + 260960 = 395920
Open Profit:
Profit for one trade is 1.014940(current price) - 0.593040(open price) = 421900
5 trade(s) still open, therefore total profit for open trade(s) is 421900 x 5 = 2109500
All SLs moved to Break-even point.
Take Profits:
TP3= @ 1.178
TP4= @ 1.435
TP5= @ 2.060
TP6= @ 2.529
TP7=Free
Technical analysis:
0x/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 70.
0XUSD ,TP2 hit with 2505420 profit. New Buy Opportunity...0X/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle (Hammer) at 04.03.2018 .
Total Profit: 2505420
Closed trade(s): 395920 Profit
Open trade(s): 2109500 Profit
Closed Profit:
TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit.
TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit.
134960 + 260960 = 395920
Open Profit:
Profit for one trade is 1.014940(current price) - 0.593040(open price) = 421900
5 trade(s) still open, therefore total profit for open trade(s) is 421900 x 5 = 2109500
All SLs moved to Break-even point.
Take Profits:
TP3= @ 1.178
TP4= @ 1.435
TP5= @ 2.060
TP6= @ 2.529
TP7=Free
Technical analysis:
0x/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 70.
CRYPTO of the week: ZRXBTC 1h Europe - 25/04/2018ZRXBTC 1H EUROPE UPDATE - 25/04/2018
I just love it when it happens. You change the count and next thing you know you are back at the previous count! And that is okay, nobody should be on the wrong side right now (I sold my longs at 10,920 on the way up few days ago).
From current levels, if new low in 15min with RSI divergence, we have a motive 5 waves from the high 12,452 and therefore we will have a bounce and another leg to the downside.
If going higher from here, expect 12,452 to hold for a double correction WXY.
Fib retracement can help to see where we're at.
I don't like to sell here and will position longs at blue 2
Invalidation level to the upside is 4,765.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC 4H UPDATE - motive 5 wavesZRXBTC 4H UPDATE - 25/04/2018
9,715 held and 11,800 has been taken which opened the door for 12,992-13,484 with possible extension to 14,281 and bulls will have a line of bears at 13,598 as psychological price (I don't use them in my trading, but should not be ignored, especially when it is at equal leg area ;-)).
So, at the moment, cycle from 4,922 is mature with enough swings to the upside for a motive 5 waves. The right side is to the upside, but I won't buy this last leg for reason explained above and I would not sell either. I'll wait for a clear corrective 3 waves pullback where buyers should appear again. Need more data to propose levels.
Invalidation level to the upside is 4,922
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC 1h Asia 25/04/2018ZRXBTC 1H ASIA UPDATE
Cycle from 9,715 low is still alive and while above 10,920 we should see 12,732-13,163, possibly 13,860.
Break below 10,920 would end the cycle from 9,715 and put pressure in 9,715 (which is soft support and should not be used as stop). So if this happens, we might still be in purple 4 with a FLAT from 18/04/2018 high.
To be noted that we have enough swings to the upside for purple 5 to be completed and therefore cycle from 4,765 low to be ended as well, so I won't chase here higher (I'm out of position since 10,920). I don't like to sell here or higher as well.
Invalidation to the upside is 4,764 as there is no sequence in motive 5 waves.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC 1h Europe updateZRXBTC 1H EUROPE UPDATE
ZRXBTC traded higher during Asia session taking out the high as of my last update. In 15min we reached equal leg and there is a reaction. I need to need a break below 10,907 in coming bars to have the count alive. I would not recommend to sell here but to get ready for longs lower, even though I am not a big fan of buying FLAT, also knowing that for now, we only have a corrective 3 waves move from 4,765. Check the 4h and daily view on the matter.
If price is breaking higher from current levels, we may have red 1 as purple 4 and count in 4h will be adjusted.
Invalidation to the downside is 11,800
Invalidation to the upside is 7,037
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC 4h for setupThe cycle from 19,234 high has been called ended at 4,922 low. The sequence to the upside suggests end of the cycle at 18/04/2018 high.
And while we have a marginal new high with RSI divergence, I cannot see the move from the low as a motive wave (even leading diagonal) so I have to go with the FLAT until I'm proven wrong (I really do not like to do that but dip to 9,715 do not make the case for a 4th wave anywhere in any sequence within this cycle.
Alternate view is red 1 on the chart is actually the correction of all cycle from 4,922 but I'd like to see a deeper correction here.
So, as I do not have any crystal ball, I will stay sidelined and see what can be done in lower time frame.
Plan would be to buy any clear corrective 3 waves above 4,922 but I won't chase or go heavy on this one because corrective 3 waves up is by nature corrective and bears could take control again.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC 1h executionI might be totally wrong here and I would not trade the chart here, but as said earlier, I cannot see 5 waves from the top, so need to call a FLAT from 21/04/2018.
Either it is purple 4 or blue 2, I expect a 5 waves down from current levels (depth will resolve purple 4 or blue 2). This means that it will be difficult to buy lower as FLAT can extend as much as they like and we are not protected with a motive 5 waves to the upside from 4,922.
So this week will be interesting for education purpose to study specific structures and how to operate them.
Invalidation level to the upside is 7,037 and more importantly 4,922.
Invalidation level to the downside is 11,800.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
CRYPTO of the week: ZRXBTC Daily to set contextA cycle ended at 19,234 high on 27/01/2018 and since then we have seen a double correction ending exactly at equal leg area 4,765 where it bounced. So far, the outlook in daily is neutral but we have a motive 5 waves from 1,356 low which indicated that we will see another one. Assumption is 1,356 low was starting a new cycle.
I was long from 20/03/2018 in lower time frame but out (I have not been able to catch the equal leg in daily).
For now, sequence from 18/03/2018 low is called ended at 11,476.00 and marginal new high would be part of a FLAT (I don't like to call FLAT ahead of its confirmation, but I'll explain in 4h chart)
4,922 is my reference for support now but it is a soft support as long as we don't break above 19,234 or we have a bullish sequence in daily. So at current level, bears will probably jump in soon and we should have a reaction for a pullback that would stay above 4,922 and I'd like to buy a clear a clear corrective 3 waves.
So daily, nothing to do if not in from 5,796 with stop below 2,710.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
0x Bull-mode herePossibly in a rising channel; looks like it just completed a wave 2 with a monster 3 wave taking it up to $6 or so. Lots of worries recently about regulations on centralized exchanges. 0x will be a huge winner if there are. Additionally, with their Ethermint implementations using Cosmos they are setting themselves up to be a 'must-hold' going into 2018-2019 here.
I'm long.
DISTRICT 0x - Buy Opportunity - 76% ROI - 4.25:1 Risk/RewardReasons to buy using a STOP-LIMIT order:
1. Valid break-out pattern with a clear consolidation zone
2. Long period of accumulation within pattern
3. High return on investment (76%) with massive 4.25:1 risk/reward
4. Buy low / sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
0x Has x10 Potential0x Coin found the bottom at $0.35 after which price broke the first downtrend trendline and then 50 Moving Average. However, currently ZRX/USD facing strong resistance, represented by the upper trendline of the descending channel as well as the major downtrend trendline.
It seems that it's only a matter of time before 0x breaks above, although it is better to wait for that confirmation. When/if that happens price is likely to start moving higher producing a new all-time high. The first resistance is seen near the $3 psychological resistance level, while the final target could be as high as $4 area, which is 161.8% Fibs.
On the downside, while price remains below the descending channel, consolidation could take place sending price back to the $0.45 support level, which is the breakout point of the downtrend trendline. And only break and close below $0.35 could invalidate bullish outlook.
ZRX/BTC - 4/16/2018Good Morning, Traders!
ZRX has recently been trading in the bullish direction since mid March continuously testing the resistance line of 4/1 Gann fan line and a trend line beneath it. If the price is able to break the Gann fan line, it is predicted to be a large breakout for the bulls.
According to the ichimoku cloud the price is indicated to be bearish for a very short time and then become bullish once again. The EMA 20 has made a break from the EMA 200 indicating it is in a good buy signal.
After almost a month of using the resistance line of 8420, it has now become a strong support line matched with a 38.2% Fibonacci retracement to stop the price from falling beneath it.
Important Resistance Levels: 9718, 10051
Important Support levels: 8420
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
ZRX (0x) Technical AnalysisI absolutely love this coin. Made 400% ROI last year.
Also based off what I am hearing, some major players are investing in this coin
There is a talk that Coinbase MIGHT be adding this coin since they are supportin ERC-20 tokens
This is a long term coin, so be patience and accumulate while it is still fairly cheap
Always $DYOR