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ZRXBTC

ZRX potential BULL FLAGHey guys, As i promised a couple days ago,it's time to take a look at ZRX,compared to BTC. We've recently witness a lot of upward movement on ZRX,influenced especially by the possibility of of this token to be listed on Coinbase (overrated,government-controlled platform). As the technical analysis would suggest,we are currently right in the middle of a BULL FLAG . HOW TO TRADE 1.Set alerts and prepare to see a breakout from the parallel channel. 2.Place a buy order after the breakout takes place. 3.Set a stop-loss anywhere around the 15k satoshi levels,depending on the amount of money you are comfortable with risking. 4.Set a take-profit at roughly 21k satoshis,as the projected uptrend of a bull flag is supposed to be almost equal to the length of the flag POLE . Unfortunately,we've left the 200 MA way behind,meaning we are a little overbought,even though we are under the influence of a Golden Cross ,a very bullish signal. Altogether,my position on this token is bullish on the short term ,but i wouldn't be surprised if the bears would take over after we reach the 20-21k satoshi mark(if we reach it,of course,as we've bounced of the 18k sats levels multiple times in the past) Keep in mind that if BTC keeps growing,money will start flowing into altcoins again,making it possible to see uptrends similar to December 2017 levels. As always,i hope you found this helpful,both financially (if you are active traders) and educationally (if your goal is to learn something new). I am open to any comments,suggestions,observations or questions on this topic. Have a nice day guys !
Long
by The_Sparrow
4
$ZRX #0x - a perfect example of 61.8% Fibonacci retracementHello Lads and Ladies, The daily TA grind continues now and we will start now with the requested coin 0xBTC. It has had some pretty nice and steady pushes and made it into headlines recently. To begin with, we can see a very clear ascending trend line which has been confirmed multiple times since the beginning of this year. We saw 0xBTC coming down to it once again and bouncing from there while making 60% gains, of course it had to retrace and in this case it was very obvious to use the fibonacci tool because, which then worked out like in the textbook. It bounced from the 61.8% line and made another 50% gains and is now currently in its retracement process. The winning question here is to where it will retrace and where should you put in buy orders. Here come some interesting factors into account. First of all, the easiest and safest way would be to say it will retrace again to the 61.8% line and then make another 40% push. BUT we have two intermediate supports on its way down, which might be strong enough to hold 0xBTC there and start a new push from there. These two intermediate supports are located at 16k satoshi and 15.5k satoshi. Here is what I think will happen and why. I strongly believe that we will see 0xBTC hit the recent 61.8% line and then a bounce from there on. A very strong indicator for this is that this particular line is not just the 61.8% line but as well a strong support and resistance line historically. Moreover, the two intermediate support lines are just not strong enough to make it bounce from there. I would give them maximum just one small green candle on the daily and then we would see the retirement continue. In addition to that, right now as alt coins are just "suffering" from the Bitcoin push, these small supports are less likely to hold. The desired solution for this would be the recent 61.8% line and after it a bounce. Nevertheless, keeping a tight stop loss is very important because after that there is not much support left downwards and the next stop would be most likely the previous 61.8% and with it the ascending trend line. By saying support I mean here a "trend-turning and new-push-starting" support line. I always like to analyse first and then take a look at the indicators that I use to see how this would or could work out and if you take a closer look at those the first thing you see is that the RSI is as well following an ascending trend line to which it might come back and from there on continue the push into an overbought region. This would be equivalent to the bounce of one of the intermediate support lines. Looking at Stoch there is still some space for this move. Nevertheless, the move you want to and I will be putting my money on is RSI retracing down to a strong support at 41 points and with it forming a double bottom, indicating a bounce or stringer movement upwards. This would be equivalent to the retracement to recent 61.8% line and the previous mentioned bounce. IN NUMBERS - - BUY 10%@15.5k 90%@14.5k - SELL 60%@18k 30%@20k leave 10% for above 20k - SL @13.9k P.S. we will be covering the correlation between alts an BTC in the next session, so you understand when BTC and alts have a positive or a negative correlation like right now. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Fell free to request TA for ANY coin you are interested in!!! Cheers, Tomas
by KongTrading
5
ZRXBTC: RSI Shows OversoldHi All, It's all in the chart. Coinbase Pump as Occurred to ZRXBTC. Expect a retracement or a massive oversold ZRXBTC. RSI shows oversold from 6-28-18: 0.00010015 SAT to 7-17-18 0.00018174 - Currently ZRXBTC. Up Trend: Impulse. Down Trend: Correction. All wave Patterns are impulse or correction. Sideway: Except for moving horizontally. Retracement: Price hit Support, Reversal Period, Stop Loss: 60/40 Split. Resistance: Price Falls below Previous Support Level . Only trade when you see repeated price pattern. Limit to roughly 15-20 trades per month 2/1. Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100 Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me for future charts, like this post if it was helpful, and thank you all. Happy trading People...
Short
by letsgetit
ZRXUSD: long call on 2h chartHello guys, ZRXUSD appears to me very interesting at current price becaus the trade has a favorable risk/reward factor. ZRX started, about 3 days ago, a short term bullish trend with first target to 1.2 USD and 0.00018 against BTC. For about one day ZRX remained around the resistance area we can find between 1.02 USD and 1.05 USD (S1) but now it found the strength to force the resistance with an increase of volume: so, it might be worth to buy it now at 1.08 USD (R1), setting the stop loss to 1.01 USD with first target to 1.2 USD (R2) and maybe 1.3 USD (R3) as second step. Indicators are set for a further run. To sum up: Buy ZRXUSD at 1.08 USD R1----> R2 1.20 USD----> R3 1.30 USD STOP LOSS 1.01 USD ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:ZRXUSDLong
by BlackSwan_DAR
OX in a three-drive pattern OX is one of the rare coins that continues to grind higher bearing in mind overall bearishness of the crypto market. The coin has pushed higher above the previous swing high and it is now correcting in order to get more support for the next wave higher. It looks like the OX is creating a bullish three-drive pattern that points out to more gains in the future. In essence, the price returns to the 61.8% retracement after the first drive. Similarly, the third wave should start after the second wave is finalized with another 61.8% retracement. Currently, it looks like the second the coin is in the second correction after which the third drive shall start. If this is the case, watch for the reaction from the 61.8% level before continuing higher. The RSI on the H4 chart is also pointing towards a retrace to lower levels before continuing higher.
by WhaleAgents
2
$ZRX 0x Protocol; Holding position outside channel, moving on upWhile we've watched the boost from recent news fade, it remains to be seen whether 0x has enough momentum to sustain a longer run. Of the projects mentioned, ZRX is virtually guaranteed a spot (in my opinion) on Coinbase due to the fact that the company purchased the protocol several weeks ago. This recent news broke us out of the handle/channel so we'll see if it has enough legs to make more of it. Still a solid LT hold regardless, I'm loading and stashing for a few weeks at minimum. We'll see.
Long
by Occamstock
ZRX Short Term Bullish Count for 0x - Original Live Stream ChartWe discussed this play during the live stream, and it was clear there was a lot of potential here. We were moving along perfectly with wave 3 when we suddenly got a jolt that propelled us far ahead of what was expected. The fundamental injection came from the news that Coinbase was considering, 0x, ZRXBTC for listing on their platform. I had adjusted my bullish count after this news, and this is the strongest count I have. We should see continued impulsive motive waves given the high impact of these sorts of announcements. The only variable that is unable to be modeled is the retracement of the initial pump caused by the announcement. Unfortunately, a strong corrective sub wave can invalidate this count, and we'd need to address anew count with softer targets. That's why THIS, is the BULLISH COUNT. Prior to the Coinbase FA earthquake, we saw strong Fibonacci ranging with numerous tested supports at critical levels, so I expect to have many predictable resistance levels en route to primary wave 5. Keep in mind, you should always move up your stop losses when you can, when you have a strong support and you can place the order below it. Instead of taking profit by selling at target, move your SL to a tight support below the current level, locking in additional gains. If we turn south and retrace strongly below the current subwave correction, I'll share my moderate-bearish count which may be a bit more realistic, as it negates the initial FA pump from the news. If Bitcoin continues towards its 4k target without much support, ZRX and our other alt plays could be directly impacted as well. To be determined. For now, Trade Smart & Know Better! - Lord Vader (a.k.a. Darth Crypto)(a.k.a. The Big Dip Sith)
by jessesfeinberg
1
This one is making a lot of noise....The ability to create decentralized exchanges, prediction markets, decentralized lending platforms, decentralized governance, all sounds really good. Many crypto signals groups started to send buy signals on this one this month and yesterday Wall Street experts shared their own buy signal on ZRXBTC and a few other cryptoassets and today we have a nice green candle at +20% and going. In the next weeks or months the target would be +50% - +100% or even more. Didn´t you know about this buy signal before? Just come to trade with us at totalbitcoin.international
Long
by TotalBitcoinInternational
ZRXTrading a system with set rules and strong risk management takes emotion out of the equation and leads to better trades. Market looks very bearish all around, but there is a weak bullish TK cross on the 12hr ZRX/BTC chart. And every time it has had a weak bullish TK on the 12hr it was a signal for the start of a bullish run on ZRX. So I am buying. This is a great R:R trade with easy stops if it breaks the lower bullish channel support from 1+years (Lower Teal Support line). A tighter stop could be below the Kijun around 0.000124 if I was being more conservative on this one. Every time the TK has crossed bullish on ZRX it has risen to the top of this bullish channel in the weeks/months following. I have marked some of my take profit zones on the way up (OBs - red boxes) Will update along the way
Long
by Nevermorejk
4