0xbtc
0x Inverted Descending Scallop11/56 success rate in a bull market.. Looks like an inverted J. Stochastic RSI can be seen to be overextended suggested a price reversal, MACD is also rising which looks promising. 4Hr chart.
Simple linear regression trading exampleIn the post I have outlined a simple method for trading using linear regression, note it is difficult to establish strong R values on many coins due to many's stagnant nature recently, this method is a very reliable way to make some mula.
Give me feedback in the comments please, let me know if it was useful !
ZRX possible profit 165 %Hi Traders, ZRX/BTC is still long-term bulish (possible profit 165 %), completing the correction now. It is now possible to small move down or immediately up. Prepare reserves for possible re-purchases and menegment positions. All target price, are written in. Collect profits on the way up, trading with reason( 2-4% of portfolio). GL , HonorDeal
$ZRX 0x Long Idea- Low Time Frames (LTF) have healthy volume coming in, which is what I wanted to see at this level.
- Looks like a C&H is forming on 1D chart
- It had its pump several weeks ago and since then has cooled off, I think it's ready to make its move back up & reclaim
Trade invalidated if we close below the 2800 support. I anticipate BTC will go sideways for awhile allowing alts to breathe/pump. No, I don't think it will be like 2017 Alt Season, but, we should have some fun.
Follow me on twitter for other set ups, November has been great! @HerroCrypto
0x ZRXHello, Traders!
Monfex is at your service and today we overview ZRX/USD .
Classic Elliott Waves 12345 still active but will be safer for us to buy by breakout this resistance zone. Now we see a bullish flag formation while the entire cryptocurrency market has grown significantly.
The resistance zone ~ $ 0.34 - 0.345
The support zone ~ $ 0.282 - 0.273
Supposed Trade Signal by ZRX/USD
Buy by breakout $ 0.3456
Take profit ~ $ 0.383
Stop loss at $ 0.313
Market Cap
$184 989 511 USD
Volume (24h)
$29 370 557 USD
Circulating Supply
601 262 273 ZRX
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
ZRXBTC Local Top? | Bearsh Divergence | Parabolic Rise Hello Traders,
Today’s chart will be on ZRX/BTC which may be putting in a local top that is accompanied with a potential bearish divergence. ZRX has risen in a parabolic manner a correction or consolidation is highly probable.
Points to consider,
- Strong bull trend on 4 hr timeframe
- Price tested structural resistance (fake out)
- Local support between .50 and .618 Fibonacci
- Stochastics projected downwards
- RSI respecting downwards resistance
- EMA’s holding price support
- Noticeable increase in volume
- VPVR decreasing in volume of transactions
ZRX has had an impressive run from accumulation zone but now looks very over extended, a consolidation or correction phase is highly probable and we do have some early signs that suggest so.
Price has tested structural resistance; this could be the potential local top due to wicks as sellers are very strong in this area at current given time. Local support is between the .50 and .618 Fibonacci level, this is a good retracement zone if price where to correct from local top.
The stochastics is currently projected downwards, we do have stored momentum in this direction if this bearish divergence where to play out. RSI is currently respecting its downwards resistant line, clearly diverging from price which puts more emphasis on the bearish divergence…
EMA’s is clearly holding price as support, we are still is this parabolic rise until we break the EMA’s decisively as this will negate the market structure.
Volume is currently above average, we do have noticeable increase in bull volume, if price breaks structural resistance, bull volume will then need to sustain to avoid the chances of being a fake out.
The VPVR is quite interesting as it clearly shows a decrease in volume of transactions from current structural resistance and local support. This shows us that price maybe even more probable to retrace to local support due to the lack of resistance being provided by the VPVR.
Overall, IMO, ZRX needs to correct from current levels as this parabolic trend has been over extended, we do have clear signs of a bearish divergence playing out. We may consolidate to cool of indicators or we may correct to local support, putting in a higher low in the trend.
What are your thoughts?
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And remember,
“Trade the market in front of you, not the one you want!” – Scott Redler
ZRX 0x Hello, Traders!
Monfex is at your service and today we overview ZRX/USD .
Classic Elliott Waves 12345 we can see on this chart and confirmation of a long position will be breakout of $ 0.3455 . Stoch RSI oversold and it's going to rise up, but we have a bearish divergence by simple RSI and it's not a good sign. Maybe this divergence was realised on 15-16 October when we see was -20% dropdown.
Market Cap
$194 547 842 USD
Volume (24h)
$41 107 541 USD
Circulating Supply
601 198 566 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
0x ZRX Hello, Traders!
Monfex is at your service and today we overview ZRX/USD .
There are two support zones and MA100 with MA200 near its, after a rapid fall in the last day - you can expect a short-term rebound from them. RSI oversold and it's going to rise up!
Supposed Trade Signal by ZRX/USD
Buy near $ 0.28 - 0.273 OR $ 0.254 - 0.25
Take profit ~ $ 0.313
Stop at $ 0.246
Market Cap
$174 354 306 USD
Volume (24h)
$35 420 739 USD
Circulating Supply
601 198 566 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
0x Looking great - analysis for a member0x is finding resistance at .35 cents It is obvious that we are getting a nice INV head and shoulder formation.
It is possible that that we can continue up without pulling back with a wonderful 12345 impulse leading wave 3 as the ABCD with a E correction to follow into the trend continuing upward.
ZRX is an Ethereum token that is used to power the 0x protocol. The protocol itself is designed to allow Ethereum tokens to be traded at a low cost directly from your wallet. Think of it as strong protocol to allow asset swapping on the ETH network and over time there will be old asset classes swappable on the ETH network. Same with the RippleNetwork. This is just apart of the interoperability stage of protocol connection.
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.
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