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
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
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
ALTS BIG PICTURE ANALYSIS/ZRX prove of 5 wavesThe longitudinal wave on Stoch is suggesting that we´re accelerating with the cycle marking the sprinboard for a very big move of ZRX in line with the timing of 8.6-month PI-Cycle of BTC beginning September(I calculated 3rd September 2018).
Currently we have only 50% retracement/profit taking of the initial up move, so we are technically still short-term bullish and just a dip! If we fall below 55% retracement, that´s a bad sign. We´re still in the game.
I´m also excited on the possibility of a 1-2-3-4-5 Elliott Wave on most alts. If we follow ZRX, we are now in Wave 2 and with the accelerating Stoch cycle we have confluence of a shortening of cycles in time, and if ONT is 5 Waves, we definitely could see $5.5 ONT. BTC is then reaching the 8.6.-month PI-cycle and, ONT is pulling back halfways and then decides if it wants to crash or make a new ATH depending on BTCs decision to break out, or break down.
A trading opportunity to buy in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound 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 42.
. 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 (0.000108 to 0.000095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000108)
Ending of entry zone (0.000095)
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= @ 0.000124
TP2= @ 0.000134
TP3= @ 0.000143
TP4= @ 0.000154
TP5= @ 0.000184
TP6= @ 0.000206
TP7= Free
A trading opportunity to buy in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound 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 42.
. 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 (0.000108 to 0.000095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000108)
Ending of entry zone (0.000095)
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= @ 0.000124
TP2= @ 0.000134
TP3= @ 0.000143
TP4= @ 0.000154
TP5= @ 0.000184
TP6= @ 0.000206
TP7= Free
ZRXUXD near the bottom, next leg ?ZRXUSD is showing some signs of bottoming. We are not there yet, but the price level is getting interesting. Like the whole market, it had retracement from almost $2 and is now trading just above trendline which started in April. First resistance is at $0.8, but if market recovers, ZRX should outperform well. RSI is showing signs of recovering, MACD is not there yet and its still in “bear” zone. Watch out for any setbacks under trendline (red), next stop is then $0.4 region, where was also a bottom in April. On the upside, I'm watching $1.25 region, the last high on the down move.
Coinbase Wallet features 0x and BAT. Wow... is this a hint? Please look at the pic on the Coinbase wallet website.
Do you see what I see... 0x and BAT
I know that they talked about "exploring the addition of several new assets": Cardano/ADA, Basic attention token/BAT, Stellar/XLM, Zcash/ZEC and 0x/ZRX.
But their new wallet website shows in the main picture the logos for 0x and BAT.
A wallet that gives you access to decentralized exchanges... like... maybe Coinbase Pro... :-D
So is this confirmation that BAT and ZRX will be added...? I don't know.
Maybe... maybe not.. but when you are looking at 5 possible coins and wondering which will be added next, if not all of them, I think that this is pretty telling.
wallet.coinbase.com
twitter.com
Buy the way, please consider giving this a "like" if you believe it was helpful.
Thank you!
p.s.
The 0x protocol has been of great interest to people exploring decentralized exchanges and atomic swaps.
As such, it must keep evolving. A new version of the protocol will be introduced soon. keep an eye on 0x.
nulltx.com