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ZRXBTC

0x VS Bitcoin Buying Opportunity0x trend remains upwards as the price continues to produce higher highs and higher lows. Currently ZRX/BTC is in a correctional phase, while the price has declined from 18600 satoshis high, down to the 13000 satoshis, losing 30% to Bitcoin. At 13k satoshis, ZRX has rejected the 88.6% Fibonacci retracement level applied to the last wave up. At the same time it has rejected 61.8% Fibs applied at the beginning of an uptrend. Both of the Fib levels were rejected along with the 200 Moving Average. If 13k support area will hold, the uptrend is likely to continue, but consolidation could take place prior to that.  Nevertheless, if the daily close will be below 12900 satoshis low, further correction should be expected. Price could drop towards 12k or 11k satoshis area. And only break and close below 10800 satoshis would invalidate bullish outlook and downtrend continuation can be expected.
Long
by CryptoPAMM
2
ZRX/BTC 4 hr..Highly Volatile...Hello everyone, to a requested look at ZRX (0x) spread to BTC. Thank @Aromur for being the first to PM my open-offer TA ;-) I have not looked at this asset nor traded it. So hopefully my analysis will be insightful and somewhat objective. I am not in this trade--hence the neutral position. However, if I like what I see, I will not hesitate to long ( I will explain). Liquidity with this asset is roughly 57%, with the bulk of trading on Binance. My dominant TA here is that we are in a 1,2/1,2, so long term implying much higher prices. However, take note of the volume spike and the break. This implies, at least in a shorter time period, lower targets, and thus, a much better R/R there. Huge overhead resistance will almost certainly slam any attempts to run this to an impulsive 3rd target, which is so high it will not be visible unless you scroll way up. Lower targets for sellers are yet unrealized. I have set some alarms and will update this asset, as I will be no longer be posting any of my personal trades (due to security reasons). Stay tuned for updates.
by longmoney
73
ZRXBTC BITTREXFirst trade successful on ZRX after it broke the short term downtrend with a bounce off the long term weekly uptrend, finding resistance and being rejected at the 15k sat level. After a small retrace, ZRX has found some support at the 38.2% fib level and looks like it could continue up to retest 15k. If it continues up we will may see a break of this resistance and another bullish move up to test the daily resistance level at around 16.3k sat. If ZRX gets rejected again at the 15k level to form a double top then we may see a further retrace down to support around 14.1k. This level of support aligns with the 61.8% fib level which would be an ideal entry IMO for the next bullish move. Watching closely over the next few candles. Buy zone around 14.1k sat.
Long
by JB110011
2
ZRXBTC BITTREXZRX has been respecting its short term down trend for some time now. After pushing all the way down to the long term weekly uptrend, it has bounced back up to retest resistance around 14100. If it breaks upwards here it will continue to test the short term downtrend. Rejection here will see zrx head back down to retest the weekly trend line. If this scenario plays out then I will be looking for an entry on confirmation of the trend line being respected Watching closely.
Long
by JB110011
ZRK OUT OF STEAM IN SHORT TERM - COINBASE - CryptoManiac101Self explanatory chart as always... No need for extensive explanation beside that it will rally when Coinbase confirms that it will be adding it, not while it considers adding it. Don't FOMO in short term if you're not ready for several month hold. Great project, but not worth investing at current stage for short hold. Invest on firm break, not before. Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Short
by CryptoManiac101