Zrx
ZRXBTC near a major pivot in time, Law of VibrationGann's LAw of Vibration chart for ZRXBTC
the center of this cycle is nearly complete, with prices near its major swing lows and within the 90-99 day Gann Cycle, prices have a high probability of reversing at this level, retracing at least 150% of the current value higher - a violent move higher.
ZRX target 30USD ++ in 2019 MOONWe are on the verge of a new euphoric bull market. Look here:
In a bull market everything is positively correlated to BTC, but altcoins grow much faster, so it's better to focus on them.
ZRX has been one of the strongest coins throughout the bear market.
It's a protocol for creating decentralised exchanges which is probably one of the greatest problems to be solved in crypto space right now.
Binance, Bitfinex and other exchanges had more than $1.5B pure profit each in 2017. ZRX is attacking this space. If they succeed market cap can be much higher than of all of the centralised exchanges combined.
Great team solving real problems. What can go wrong?
Lots of possible catalysts. Joining Coinbase, Ethfinex potential success and much much more.
My thesis is that BTC will go to the moon and ZRX will be one of the leaders of the coming bull market.
ZRXBTC - 4H - UpdateZRX has seen a nice runup since tapping into the demand zone around 7400 but seems to be breaking down from the triangle. Overall, with some alts starting to look bottomed out barring a BTC meltdown and possible coinbase listing soon, ZRX seems like a strong pick for a long.
RSI and MACD seem to be turning up showing positive momentum and we are currently sitting right at the demand zone, which has held well so far. For the more adventurous traders, placing a long order in this demand zone could be a good play, targetting the top of the triangle as a take profit. For the more conservative traders, waiting for a pullback back down to the lower demand area could end up avoiding the loss from a break of current levels on a BTC move lower. Both stops would be placed below the SFP lows and targets are outlined in the chart.
Please hit the 'like' button and give us a follow!
Let us know what you think below!
Thanks
ZRX market structure tradingZRX looks bearish for the time being. Ever since its taken out 13401 satoshis (market structure shift level), its proceeded to make lower lows and lower highs indicated by the red boxes. Simple market structure trading. It had a nice little bounce at the demand zone around 9791 satoshis, but couldn't breach the resistance level preceding it. Take short trades on this with caution. If it doesn't bounce at current price levels, and cannot breach above 9791 satoshis should see accelerated selling once again towards the red line which is where i'll be taking profits. You can ultimately take profits inside the green zone, but I will be playing it safe and taking profits at the red line which is where an old high of a volume spike (buying pressure) is located.
TLDR: Neutral until price dips below the pink box, will then short until prices reaches the red line located at the top of the green box labeled "target zone".
ZRXBTC : WAY oversold...----------------------------------------------------------------------------
My position
----------------------------------------------------------------------------
Entry : 0.000085
TP 1 : 0.0001
TP2 : 0.000116
----------------------------------------------------------------------------
My ideas are not finacial advice.
----------------------------------------------------------------------------
0x (ZRX) Downtrend0x BINANCE:ZRXBTC broke bearish from the downtrend channel as btc dominance rises on a uptrend and the crypto market keeps seeing losses, these are just some potential support channels we could still see some move upward since the RSI is oversold and historically we have seen bounces from that point but with the current market situation other alts have proven to ignore this
#ZRX #cryptocurrency at support while doom and gloom everywhereWhat to do?
Chart is pretty self explanatory, with obvious signs of past support in the highlighted green region. Price level indicated would be the level at which I see last area of real support, underneath which the support channel may be invalidated by heavy selling pressure. I'd look to take half position here and half near 8750 Satoshis if we get there and would be surprised if it didn't hold. Given the current environment, anything is possible. 0x has had some good fundamental developments lately, so coupled with the TA, it's one of the more interesting trades for me.
I've been working on other projects and trading less because of the general environment, but some coins and the general environment seem to be approaching value-level areas which make trading/investing more palpable now. Of course, risk manage accordingly as we're certainly not in (and maybe not close to) a general bull market yet.
Analytics ZRX/BTCWe observe a stable downward channel. The current support area is 0, 00009120 - 0.00009080. In case the price passes this area, the next support level is the lower line (blue on the chart) of the channel, so the price may drop to a global support level of 0.00005600.
If the price of an asset is slowly going upstream, then it go to the top line of the channel, should observe price after that. Because were observed massive sales for a large volume on the asset within a month, pay attention - if the rate is rising up to 0.00010850 for today, this will be a sign that the price is being manipulated for the further sale of the asset.
In relation to the BTC, 0x did not drop very much, the price kept in its channel.
2 steps for 0x project doubling your moneyNow that we were in buy zone and accumulated ZRX, we must think what we do with them.
I think in short period zrx will double it's value and already started .... 1.5$ is the target , but first we need 2 moves , one to reach 1 dollar fast , and second to beat 1 dollar after reaching a hit near it. keep you updated
A big Inverted Cup & Handle on Bitcoin chart.This Inverted Cup & Handle pattern is visible clearly on every time frame of Bitcoin , also volume decreasing which is Bearish when price rising.
Possible target is around 6600-6700.
This pattern is visible on many other coins charts like ADA , TRX , XLM , ZRX , BNB ,... and even bullish NANO . They following BTC .
ZRX ETH ready to set new ATH?* Bullish Ichi indicators
* Bullish signal HA candle printed on TrendMaster
VPVR ain't got too much resistance upwards by the looks of it.
Thoughts? Thanks
ZRX/USDGreat to see so many coins making a complete wave 3. ZRX is now in a take profit zone after a nice 3rd wave. its funny how this will be the point that a lot of everyday people will be comfortable to buy it and chase it.. and then not understand when it starts to fall.. They will then panic sell at a loss.. Map your trades, get your entries and take your profits in the right areas.
Entry here was .67
Target 1 .77 Target 2 .82
Look for a possible wave 4 retrace buy around .72 cents
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0X/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.666 to 0.492). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.666)
Ending of entry zone (0.492)
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 the 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= @ 0.837
TP2= @ 1.041
TP3= @ 1.258
TP4= @ 1.510
TP5= @ 1.887
TP6= @ 2.117
TP7= Free