ZRX Prediction - Short/Medium/Long TermChart and Fib Extensions/Retracements are in Log Scale. Prices and Targets are moved to the right for clarity to not clutter the chart. (Not Scaled to Time)
Short term
In the purple count, we can confirm it was a wave 1-2 because the 1.618 hits the top of wave 3 at around $2
Looking for a pullback into the 0.382 level at around $1.40 range
Possible stop loss at around $1.35 and look to enter at $1.17 or $1.00. If it goes below $1, the count is invalidated.
Short Term target is $3.50 range.
Medium Term :
Taking the Yellow 1-2 count, and using log scale with fib extension, we get a target of $10 at the 1.618 level medium term.
After a correction from the purple wave, the 0.382 is a typical retracement at $2.30 range. Then heading into $10 target.
Longer Term:
Yellow wave retraces back to around $6.50 range before heading higher to possibly $16-$18 target
Things to keep in mind:
- Many other factors could affect the chart and change the count.
- Bonds, Yields, Inflation, Stimulus, etc.
- BTC price action may extend or lower ZRX's price.
- Chart is not scaled to time, can happen much sooner or much more later.
This is not financial advice. For entertainment/educational purposes only. Please only invest what you can afford to lose and set stop losses below support so you do not get stopped out during a volatile session.
Zrxbitcoin
The reason we closed ZRX and few other Altcoin positionsDisclaimer
I have to warn you that we highly recommend not taking a new long trade on ZRX. Before you place a new order, make sure your trading decision is in line with your strategy and risk management. The order described in this post was placed over a month ago and is already closed with profit.
Reason to Buy
Late December and early January were a really hot time for the cryptocurrency market.
Many retail traders were afraid of missing the opportunity to make money on the bullish movement and were ready to buy at any price. That led to high BTC dominance rates, around 74%. The market price of ZRX was 0.0000118, which is the lowest price point it has ever been at. After we bought ZRX, the entry-level was tested one more time. It gave us a little more confidence that we will not go below the level where we opened our long positions.
As practice shows, sometimes especially strong growth of Altcoins coincides with BTC consolidation. This time, the most significant growth of ZRX came on 4-5 February. That was just after BTC spent more than a week in consolidation and then strongly fixed above the $33k level. The connection between Altcoin's growth and the patterns on the BTC chart is not always obvious. That's why your trading decisions regarding low-cap Altcoins should take into account more fundamental parameters.
Reason to Sell
As for our long ZRX position, it was closed in the middle of February. This decision was made because of four factors
1) We saw that the price could not reach the very strong resistance level at 0.000062
2) We saw the next day's candle close 36% lower than the previous day's high. In total, our total profit from this trade was just over 216%.
3) The price failed to fix above the level of 0.0000417 on the chart, which we defined as a local resistance level.
4) Strong BTC corrections of 10-20% could have happened at any time, this is an ordinary correction for BTC. In that case, ZRX could exceed this correction many times over.
We understand that the position could bring more profits since it was not closed at the top of this movement, but we are quite happy with the result because it was purely a speculative idea. At the moment we think that opening a new long position in ZRX is unreasonably risky.
ZRX A Shark move | Upto 1000% rally expectedHi dear patrons, hope you are well and welcome to the new update on Ox (ZRX) token.
In 2019 I posted that the price action of ZRX completed a very big bullishg reversal Shark move on monthly chart. At that time the price action was likey to bounce from the support of a triangle therefore I suggested to by at 0.886 Fib level however the priceline completed the Shark and moved between 0.886 to 1.13 Fib level. And the price action rallied.
In the US Dollar market I posted this butterfly move that produced more than 1000% sofar.
But on the long-term monthly time period chart, the price action of the ZRX with Bitcoin pair was still moving in the potential reversal zone of Shark . The price action cannot enter in the negative zone, therefore I have placed the Fibonacci pattern up to 1.13 Fib level only for the educational purpose, however the price line has found the last support at 0.00001465 btc.
This trade has a huge profit possibility of 1050%, and the loss possibility is only 55.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZRX/BTC Ichimoku Cloud - Edge-To-Edge Strategy!The ZRX/BTC ichimoku cloud on the daily timeframe is undergoing an edge-to-edge move.
This strategy involves price moving into the cloud from below, and closing inside of the cloud. Once this happens, the edge-to-edge idea suggests price will make its way through the cloud to the other end for a 'kumo breakout' above the cloud.
Think of the cloud as an area of weak resistance/support. If you threw a rock at a real cloud, the rock would go right through that fluffy thing. Replace 'rock' with 'price' and you get the same idea here.
ZRX/BTC dropped to strong weekly supportZRX/BTC
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dropped to strong weekly support
Between 2150-2400 sat
If the this support hold for next few days and the weekly closed above
I expect strong bullish move will come
Also altcoins season is expected to come soon
But before buy should wait if it will hold or not
ZRX to see a leg down.0x - Intraday - We look to Sell
Price continues to trade within the triangle formation.
The RSI is trending lower.
Short term MACD is moving lower. 50-hour EMA is at 0.379.
The bias is to break to the downside.
Our profit targets will be 0.343 and 0.336
Resistance: 0.380 / 0.388 / 0.396
Support: 0.370 / 0.360 / 0.340
ZRX/USDT (Consolidation at Key Level Support)💎Technical Analysis Summary💎
BINANCE: ZRXUSDT
-After the strong rejection at the 0.96$ resistance area
-The price fell back to its key support area
-This is an important key level since April 2019
-Is this a good buying opportunity?
-Answer is No, why? because it is coming from a strong rejection
-And this short consolidation range might be a Bear flag
-So avoid the bearish potential, you need to wait until
-The local resistance is broken upward around 0.42s area
-That will invalidate the potential falg
-But if you are looking to short the market
-Simply wait for the support breakdown
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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Zrx/btc nice move at last defense supportI post a chart since few days
About the support
3000-3300 as a buy area
Zrx dumped to that area i mentioned before as expected and bounced up from that level
This was my previous idea link you can see here
I would say we can see big move in future as long as it above support area 3000-3300
The resisances (take profit area also shown in chart)
ZRXBTC 0X DEFI HOLE IN ONENo legnthy dissertation or oped on this one...I"m too exhausted.
TIMEFRAME: LONG; so have some patience on this one.
When all is said & done we're looking upwards to a 29.47% price pump before consolidation.*
Everything you guys need to know is on the chart.
Cheers.
Please defer to related links below for other entry suggestions & information also applicable to current market conditions as of 8/31/20 18:00 EST
Have a great evening.
Respectfully,
- Ahmed T.
@a1mtarabichi
Disclaimer*
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
ZRX/BTC (Pullback to Previous Resistance?)ZRX/BTC
-The Bear flag has been confirmed after the break of local support at 6000 sat
-The potential downside target is somewhere around 5064-4696 sat range
-This is a good rebuy zone or potential strong support area
-It is a previous resistance region plus the 0.618 golden Fib
-Watch this level carefully for any Bullish rejections
-Look for any signs of reversals before entering a Buy position
ZRX 0x upside potentialThe chart looks primed for a move up.
The volume is rising and the indicators show a strong buy recommendation.
Can make a 50% gain.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.