Zrx
ZRX 10.16.18 Head and Shoulders?Possible head and shoulders playing out.
We have the initial uptrend, an increase in volume to form the left shoulder, another smaller volume spike for the 2nd left shoulder, then another big volume increase as the head forms, then decreasing volume as the right shoulders form.
A break of the green necklines with an increase of volume would confirm the reversal pattern. If this does play out it would be very strange considering it just got listed on Coinbase and BTC has been showing some signs of bullish short term movement. Does Ox know something that we don't know?
#andthewindcriedcapitulation
ZRX to move up before Christmas.Well it looks like BTC decided to take a shit on the markets today. ZRX is in buy area for wave 5. Some positives about this is Bitfinex recently accepted them for margin trading, it passed all of there 'tests' and Coinbase added them to there collection. Its a good risk reward, risk 10c to make 70c+ seems like good value to me.
You can see two of the oscillators is showing hidden bullish divergence. It is sitting on the 84% fib line which is still bullish, should it break the zero mark you can void it as the 5th wave.
Look for a structure like this then buy or if you dont mind going negitive for a while buy now.
same action as before?I am new. Does is look like the 'move' before?
feedback, comments & tips are welcome!
ZRX double bottom?ZRX is forming a potential double bottom at trendline support, which coincides with the 200-period EMA on the 4-hour chart.
Whether it bounces here will obviously depend on BTC and the rest of the crypto market. Bitcoin has broken lower after trading in a very tight range for the past two weeks – however, given the way it has been trading recently there is every chance this will turn out to be a false break. If that is the case, ZRX could reach 0.95 to 1.00 very quickly.
If the across the board selling continues, ZRX is likely to fall to 0.70 which will become the key level to watch.
ZRXBTC IdeasZRXBTC at an interesting point, looking for whether the price will correct down to the moving averages in the short term and also looking for whether the ascending fibonacci trendlines will be significant in the next coulple of months.
Disclaimers, not intended to be financial advice.
I'm not holding any ZRX atm but may enter when the moving averages cross over if the price is still above the water.
Biffy
ZRX looking for another move upI expect ZREX to hit close to the 0.618 fib level of 0.9€. 12-15% profit.
ZRX Still Climbing?The trend we are in right now looks very similar to the last time 0x spiked. It made a steady drop followed by a slight peak with no volume. This resulted in another hard drop before spiking again. Added to fact the last peak extended to 1.414, this climb seems to be more or less mirroring the decline of the last all time high. I expect 0x to climb to .000185 after falling to 0.000118
ZRXBTCWhat if this was EW and ABC correction is following? I'm willing to risk 5% and short part of ZRX I hold bellow point 5 with stop loss just above point 5 and drawn targets for profit talking. Final target is near point 4, which is also 0.618 Fib retracement of the whole EW.
Bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)