Get started

Zrx

ZRX BreakoutGood morning all, Lately, the DeFi space has been very bullish and leading the recent wave of altcoin fever. ZRX is arguably the most established in the space, and it is looking like it is ready to breakout and test the $0.40 area. Currently, price is aroung $0.33 and we are seeing early signs of a golden crossover. Although not yet confirmed, with a MACD cross and SFP off the lows on the daily ZRX appears just moments away from a monster move. It shouldn't be long before we see an explosive move. Summary: LONG ZRX AT MARKET SELL TARGETS: $0.40 AND $0.42
COINBASE:ZRXUSDLong
by MWCarter
1
ZRX/BTC downtrend broken, bull pennant, possible support retestAs we can, ZRX has broken both its short-term and long-term resistance and is currently forming a bull pennant. I am expecting it to make a decent move up and test its current high but it is likely, it won't break and the reason for my thinking there is that it has not retested the symmetrical triangle it broke up from for support which has additional confluence with both 100 & 200 DMA coinciding with it. Although, it is possible that it breaks up from the current pennant and keeps making higher highs, starting a new uptrend, I would rather be cautious..So, if I were in it, I would sell its test towards its current top and take profit there AND THEN see if it breaks its current high or not and based on that make my decision to either re-enter upon breaking current high or WAIT and buy lower when it retests the triangle & the 2 strong MAs for support. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Long
by Zaraki11_AY
$ZRX Huge Upside Potential Gain Looking at $ZRX (0x) on the daily timeframe Again just like almost all the other altcoins i'm currently trading, ZRX has been in accumulation for about a yaer and the longer the accumulation period, he higher the price will slingshot up Accumulation zone is between 3100-3500 both marked out well respected weekly support levels The price spiked up randomly to our 1st disyribution target at 5400 sats to a T and now back down into the accumulation zone Great entry along 3550 weekly level, this is a newly found support level after touching our 1st distribution target I have tight stops at 3550 around 2-3% drawdown, as opposed to a 11-12% drawdown because price still has the possibility of retouching 3100 sats before it goes back up 1st sell target at 5400 2nd sell target at 7915 Please be patient with this coin, again this is on a daily chart and this coin just broke out of a 1-year accumulation period so it's going to take a little bit of time for the trend to reverse. Keep a close eye on this coin if you aren't already 0x is an open protocol for decentralized digital asset exchanges that runs on the Ethereum blockchain as an ERC-20 token 0x protocol essentially is a standard messaging format and suite of smart contracts based on which the transacting entities can exchange digital assets or tokens
Long
by kyer
4
Bearish triangleZrx looks very weak on this 45m chart. You see 1-2 bars with the maximum volume, I highlighted them with two arrows, they have a maximum above the level of 0.35. However, these extremely high volumes on attempts to rise can mean hidden weakness. Most likely, hidden professional selling occurred around 0.35 because at point 3 there is trading on very small volumes near the resistance level. This means a weak market and a lack of demand. Arrow number 4 indicates a surge in volumes amid falling prices - a typical occurrence for selling pressure. Sellers come out of the shadows. A burst of activity on arrow number 5 indicates a bull trap. This is a fraudulent movement that often occurs on the eve of decline. Thus, we can most likely say that the chart tells us a bearish story. Several attempts to establish a bullish trend were not successful, therefore, a bearish breakdown of the triangle in this situation looks like the most logical development.
Short
by fintechzoom
0x ZRX/BTC Triangle Breakout Potential 35% + short term profit0x has been undergoing a consolidation phase over the last 2 weeks after its meteoric rise. We can observe a clear breakout attempt over the past day, as higher term frame indicators have reset and look to be ready for a new leg up. It currently just finished a candle close above the 50ema on the 4hr chart, which is a very promising sign for potential continuation. RSI approaching bullish territory. Macd cross + first green histogram bar printed on the 8hr. Daily stoch rsi has all but bottomed out and finally made a cross upwards. Potential points of profit are indicated in green. All positive signs. With the rest of the alt coin market going massively bull, this may be ZRX's time to shine and potentially set new highs. Stop loss indicated in red. This is not trading advice.
Long
by ninjacookies
1
ZRX/USDT - sellers dominateLook at the candles sellers dominate. The fuse at the top is a sign of the seller. It all depends on the BTC. It can change the mood in the market if one candlestick gives up. ZRX/USD such a triangle looks down. The indicators show the weakness of the asset. Break-down support (key level) and move down. Cancel downwards, going beyond the 0.37$ level. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Short
by Valeriia_Top
1
ZRX Descending Triangle ZRX has a clear descending triangle . The one hour chart shows several key bearish candlestick patters, most recently a hanging man candle stick. There is resistance around 0.36, however looking on the day chart, the RSI is completely maxed out around 80 at the time of writing this. It is certainly possible we retest the 0.50 cent area, on the 1 week chart there is major resistance around 0.55 cents. Please do not trade based on this information. What do you guys think about ZRX? Thanks, - Max K.
COINBASE:ZRXUSDShort
by MaxKoke
8