same action as before?I am new. Does is look like the 'move' before?
feedback, comments & tips are welcome!
Zrx
#0x | $ZRX /USD has the PERFECT TECHNICAL SETUP!! #Crypto#0x | $ZRX /USD has the PERFECT TECHNICAL SETUP!! #Crypto
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.
ZRX/USDBroke above the long term trend line (Green) that has held since May 9.
Looks like we came down for a retest and are now bouncing off of it.
Support and resistance shown by blue dotted lines.
Feel free to leave a comment and a like.
Not financial advise:)
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
It´s time for a correction on ZRX/USDBITFINEX:ZRXUSD Amazing projetc. Time to short to load some cash and than reload the bags at targets mentioned.
$ZRX - Trade Setup (LONG)1. Support
2. Ben Trend Indicator is bullish
3. Bullish histogram crossover
$0x / $ZRX waiting patientlyTriangle setup, volume is so good.. so i wont wait to long till it touches triangle again.. will long around the top corner of the box..
ABC Correction time for $ZRX | 0X! We expect a STEEP DROP!ABC Correction time for $ZRX | 0X! We expect a STEEP DROP!
ZRX 0xZRXUSD
Have seen this triangle pattern by ZRX/BTC
which you can see under chart.
This growth is cause of listing on Coinbase you know.
Also Bitfinex added ZRX/USD on margin trading.
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
ZRXUSD Add Margin Trading ZRX/USD
Went out from the wedge with a large volume
Located in the ascending channel with support at the level of Fibbo 78.6
Added to margin trading on bitfinex
ZRXBTCZRX/BTC
Local uptrend in the down channel feed on the fundamental news about adding to the coin base
Can still age to the resistance line of the channel
The signal to sell will be breaking through the local support line.
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 ;)
$ZRX, Come On Fellas…
Weekly
Looking at our trend timeframe we see price has left us with a higher low at 8000, our previous higher low was back on March 19, 2018. ZRX is now attempting to break out out it’s minor downtrend that started in May. Stochastic RSI showing momentum is in favor of bulls. Coinbase has confirmed ZRX being added to their exchange.
Daily
Shifting over to our pattern timeframe we price see has found support at 11000, leaving us with a better view of our higher low. ZRX now looking to leave a higher high, breaking out of our mind downtrend. A daily close above 12200 activates our trade, momentum in favor of bears. Leaning towards a daily close above this level sometime this week, after this it’’s only up…
ZRX - COINBASE LISTED IT AHEAD OF BULL MARKET - CryptoManiac101ZRX / USD TA
I am not your financial advisor, if it's not obvious.
Thoughts on #ZRXUSD 0x Coinbase listing and potential near-term levels for continued strength. Currently trading around $0.80, the nearest discernible level of strong resistance is likely at $1-1.10, with support around $0.70 - making the closest R/R levels not very appealing currently, but may be the best chance you get for any increased demand when Coinbase trading opens (under the assumption that there is demand on the platform that was unable to purchase via Binance, Bittrex, etc. - in this market there may not be much increased "real" demand). Nevertheless, some thoughts on the chart here:
1. Increasing volume along the ascending line is certainly positive, but the resolution may have already come with the indecisive wick on high volume yesterday.
2. If strength remains, the levels shown are likely areas for considerable supply - with ~$1.50 being a potential high (bar any exuberance) in the current market.
3. Typically in bear/neutral crypto markets, these ascending lines (though they look good because of #1. above) don't last to resolve as an ascending triangle and instead develop in to rectangles.
4. Likely more because humans like to see patterns in nothing, but an interesting note because of the similar volume we see for each candles/locations in the trends established.
Regarding how I think about these levels compared to the ZRXBTC chart, I think it remains to be seen how being on an exchange with a real fiat on ramp will affect interpretation of ZRX by BTC/USD. The following chart relates these prices if BTCUSD remains at similar levels. 10k Sats is a very attractive level for risk-limited entries for a long-thesis for 0x, which is around $0.60-0.65, an important level for a floor of the current trend established in the ZRXUSD chart.
Some also like to consider ERC20 tokens vs. the ETH charts - which might add further implication in your analysis. But I like to think - what do people need to use to purchase the given coin/token? For ICOs and that phase, it's ETHUSD, which saw the huge pump likely due to this. For a new listing on Coinbase - again, if there is a significant part of the market that hasn't entered #ZRX yet but wants to, via Coinbase, what will they be using it to enter? LIkely USD, which is also the quoted price in Coinbase, so I think the ZRXUSD chart will be the most important one informing on important levels for the time being. ZRXETH may give some indication of differential interest between the two in the coming months.
Not that it's highly relevant, but we could compare ZRXBTC listing to ETCBTC listing on Coinbase on August 7th 2018:
As you can see, however, trend strength leading up to listing is very weak, so consider the comparison with a grain of salt. Not to mention 0x is a completely novel protocol and it's fiat price will be under $1.00 on Coinbase, with important psychological implications for this when your average investor/trader sees it appear on Coinbase. Food for thought.
