ZRXUSD Resistance Turned SupportOne for the 0x bulls
Multiple ways can be seen to display the transition from resistance to support
WIth a simple horizontal line
Using the 50 day MA
and also using a fibonacci circle which shows a rejection early at 3.618, then this turned to a support later on
Bullish
Zrx
Which Side will Prevail? ZRXUSD A chart for ZRXUSD
I have identified both possibilities for price action
for the bears, a triple top and a combined rising wedge. Both of these together make a good case for bears
for the bulls, using the MavilimW indicator I have plotted a,b,c, showing a comparison to a previous point in the run up which may repeat
I am siding with the bears generally because the Rising wedge is very indicative of a bearish short term move, which will lead to the breaking of the uptrend line, and movement down the side of the circle.
0x ZRXUSDT - Elliott Wave + Rising wedge- 0x - ZRX - Rank #101 - Token
- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge, that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
#4 | 0x vs Tether (ZRXUSDT)We have some similar signals here for 0x (ZRXUSDT) to what we just saw with Alien Worlds (TLMUSDT).
Strong candles with very high volume to break above EMA10/50/100 and MA200.
The MACD is in the bullish zone while showing plenty of room available for additional growth.
The RSI is at 66.66.
Just 50 is considered strong, 66 is super strong.
We don't need to get into any more details, we've been studying daily these signals and they are clear... What do they say?
There is potential for additional growth.
Remember to always COMMENT and FOLLOW if you would like to show your support.
Namaste.
is ZRX ready?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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i can help you :) all for free, don't worry, BE HAPPY!
ZRX started the reversalIf you read my previous signal on ZRXBTC you'd be already familiar with my two support/resistance lines. As you can see the second one held and price started reversal there, I waited before posting this signal because BTC looked like it could pump more, which would have dragged ZRX deeper.
This huge pump took ZRX over the R and even the ichimoku resistance, I expect now a retracement, maybe a retest of support and then the climb up should keep going until BTC starts the engines again. For the end of the year many see BTC around 100k, this should mark the begin of the end of the cycle. When BTC will reach that price we should see a massive outflow of money from BTC to major alts and then to all the others. I expect ZRX to start outperforming BTC after major alts as I don't see it as "major".
If price retest support it might be a good window to entry but set a stop loss.
Good luck!
"Good old boy"After a long time of consolidation, the ZRX is in a troublemaker which, due to the continuation of the bull market, will be broken upwards, which is additionally confirmed by the MACD and RSI chart.
In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins.
The first stop of the new growth wave in my opinion will be the level 0d 5-6.5 $. Because there is the top of the model channel, which previously stopped the growth several times.
BTC after exceeding $ 100k will surely see another upward correction (fast and dynamic), so at this point, if there is a correction, I think that a strong support on the ZRX will be the level of $ 1.8-2.2.
Later (the worst scenario due to the far time horizon) we can see the last wave of growth on Altach which will amount to over $ 10 + (similar to January 2018. Will it happen?
Previous analyzes:
ZRX: when the reversal?As I anticipated the 28th of September ZRXBTC didn't promise well and unfortunately I was right (I say unfortunately because I'm a holder). As you can see the triangle broke downward and price is currently testing the first support.
At 1h and in some cases at 4h I see bullish DIVs on various indicators (MFI, CCI, RSI etc....) however for such divergences to play out on macro scale we usually need them appear at daily timeframe. However what will happen depends also from BTC itself. I think it'll retrace very soon, if this happens ZRXBTC will retrace as well but will recover right after. If I'm wrong and BTC will keep pumping the current ZRX support will be broken.
Notice I'm not showing the target according with theory as it'd be a -147% from breaking point and I don't think we'll get there. To be honest I don't think we'll even get to the bottom support of the triangle (yellow non-dashed line).
My idea is that price will reach next support (1442 sats) and then range between the two supports until the reversal will start. Usually this is what happens when such patterns break down, the usual shape of the chart is like a small cup which starts going up. This process might take several weeks from now.
We'll see if I'm right. If you wanna enter wait for the dip
ZRX - BREAK OUT AND RETEST AND PUMP!Candles are giving us that expectation. If the price closes above the downtrend. We can expect this to be the real breakout!
This is the downtrend line since April. 10 months and five bounces.
After breaking will be a real strong uptrend. I wait for that.
We wait for the confirmation closing candle of tomorrow to enter the order.
Target: Moon!
ZRXUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
ZRX/USD (Weekly)- Targets are clear on the chart based on Fibo Levels
- You can enter after breaking the downtrend trend line and retest
- Base line 103 (Ichimoku) can be a great dynamic support or resistance line
- $0.85 is a good area for set your order imo
- NFA
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All Time High USD
Jan 09, 2018 (4 years ago) $2.53
57.24%
All Time Low
Aug 16, 2017 (4 years ago) $0.104
941.13%
0x ROI
868.79%
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All Time High BTC
0.00021900
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Market Rank #107
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0x Supply
Circulating Supply 845,341,602 ZRX
Total Supply 1,000,000,000 ZRX
Max Supply 1,000,000,000 ZRX
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Market Cap $914,979,050.65
7.31%
Fully Diluted Market Cap $1,082,377,879.79
7.31%
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