0x
ZRX about to start a moonride?After a long period of consolidation, it looks like ZRX is ready to go. Volume went up and it recently broke out of its decending channel. RSI above 50 now. The 0x protocol is a very solid project with a great team (check out their website). Hopefully it will now get the attention it deserves. I'm holding and hoping this to be my 10x coin!
ZRXUSD Long, Uptrend, Potential Breakout SoonFA: The number of relayers operating on the 0x Protocol is growing, yet general awareness of 0x seems to be low. Decentralized exchanges are gaining popularity, and people will migrate towards them in the future, which is good for 0x. They have a reliable, active, and dedicated team. Any sort of big news could open the floodgate.
TA: The downtrend seems to be broken. After stagnating around the .185 to .21 levels for a few weeks ZRX seems to be bouncing off support and resistance as it finds new lows around 0.22 . If ZRX breaks the long term resistance at 0.245 we could see a larger breakout to around 0.28 levels. If it pushes past the lower support we may see another return to 0.18 range.
---------------------
This is my first idea on Tradingview; I am not a professional; I am practicing TA on cryptocurrencies. Do your own research. Happy Trading!
I hold ZRX and, I am bullish on a midterm scale, primarily because of the FA above.
DNT/BTCGood opportunity to get 30% on 0x!
Brokeout of R-resist + F-fractal resist.
Use as target strong Supply zone(near 30% profit!)
0x with good price and nice potential growthTA:
- we are moving sideways for some time already and reached the local low lately
- oscillators show buy opportunity
- breakout from the channel also possible due to strong fundamentals (might be delayed though)
FA:
- crushcrypto.com
Great entry to go long on DNT!Really nice chart. This coin had its pump and was then dumped and is now back for business (lol). Anyway, volume is descending whilst the price is making higher highs which is a bullish sign. Marked possible resistance levels with the blue line. Don't take the yellow line for granted it's just there to visualize things. In fact, we will probably see a more sideways chart.
But the point is that this looks like the perfect entry to go long on DNT. They have a very active and transparent team.
ZRX priming up for a big move in the next 3-4 weeks.Strong base has been forming for months, and with regulators inevitably attempting to curb the spread of cryptocurrencies, the 0x project only stands to benefit.
0x Trading Plan0x was a much hyped coin upon its release into the exchanges in late August. It initially sat nicely above the 33c mark, before falling with the majority of other coins. The price then broke out of this downtrend in late September, signalling the start of a consolidation period. The price has since been consolidating in a ascending triangle, which gives me the feeling that the price is going to break to the upside.
If this does happen, it looks like we may see some resistance at the 30c mark, roughly half way up the downtrend. We could see a slight retracement here before potentially breaking this resistance line and heading for 33c, another major area. If we are in a bull run, the price may consolidate here for a little while before continuing up. This could be a good spot to pick up some more bags, or secure some profits for short term traders. For this to happen I would like to see the RSI confirm above the blue line (around 60). If it can do this I will be very bullish on 0x. Since opening on Poloniex, it has failed to sit above this area for a decent amount of time
If we are to break to the down side of this current consolidation period, then we will reassess. I'm in as a long term investment so I will be looking to pick up more bags if this does occur.
ZRX ascending triangular triangleBTC is still in a descending pattern, hasn't dropped 4000 yet. ZRX seems to be in an ascending triangle. I used lots of colors to show you the tasty treat that could be awaiting your investment. I used the 2 hour chart just so you can keep track of it quicker. It's the same pattern across the board.
Ox TIME TO ACCUMULATE. If ox (ZRX) breaks through the resistance on the graph you will most likely see an uptrend to the white line, where it may correct short-term and then continue to grow further.
