0x is a promising project! after a long bullrun, now is correction between 0.5 and 0.618 fib OBV make a descending triangle I'll keep watching this coin waiting for a price action indicating a reversion or the OBV breakout If we are in wave 2 of elliott, the 3st wave have two targets: 0.00026 0.00036 Buy zone: 0.00080 ~ 0.00085
It looks like ZRX/BTC is bouncing nicely from the Fib 0.618 support level , and the RSI is in oversold territories, but it lacks volume . SO, no certainty yet. The uptrend confirmation will come if it sustains above the 0.5 Fib and the downtrend line (blue). On the other hand, we may call it a downtrend if it goes below the larger uptrend line (green). Thoughts?
ZRXBTC trying to chart one of my favorite protocols.. no emotions.. i swear to the crypto sirs.. last bottom was some kind of stronger support and also the top of the 1D cloud. if we can bounce on that support, also break the resistance and going up to 12k-13k Satoshis.. i swear.. it will be fun then.
Falling Wedge forms once again... so many times today
ZRX has been on a downtrend for a while, and we may get an opportunity to place some buying orders between the blue lines. There is a chance that it breaks both lines, so place your stop loss carefully. The 11.2k actually coincides with a 78.6% fib level (start in Jan8), and the second blue line is the zone around 10k that can work as psychological support. I...
Looking more like a downward trend. Possibly finishing out the final wave.
Looks like $XRZ is having a break in this bullish rectangle. Volume is higher in uptrends than downtrends. Looking closefully at RSI, long signal could be triggered as soon as it goes into the oversold area. Gorgeous OBV. Might retest top of the rectangle soon but I think it will be more realistic to give it at least a week or two depending on bitcoin moves.
I believe in long-term, the ZRX is completed wave 2 out of 5. Per the following chart, the long-term target is $5.5. But definitely, there are some up and down between here and the target. The first target could be $3.5 which could reach by the middle of February. Nothing will happen without correction. So there is some correction between this trip which I will...
POLONIEX:ZRXBTC ZRX still within the rising wedge and waiting for confirmation of the continuation. Good entry will be when it closes above the resistance of the rising wedge.
This isn't idea for trade. I think ZRXBTC goes up until 0.00020496- 0.00021360 good luck
ZRX formed flat-top triangle , and broke it in upward direction . We can join the ride on the 0.000163 price level, because price should retest this level as a support. For this trade Entry: 0.000163 Stop Loss: 0.000140 Take Profit: 0.000239