ZRXBTC
ZeroX $ZRX BTC patience is key 100% gain 1:8 risk/rewardGood day traders,
Here we have an update to my previous idea on ZeroX
ZRX have been behaving exactly how we thought it would. As an update to this idea, we are currently waiting for this 4th wave retrace so we can hop on the train for the fifth wave. Trade figures are as follows:
Entry: 15500
Stop: below 800H MA or 13750 which ever comes first
Target 31K, take profit from 25K and up
Risk / reward ratio: 1:8
Note that this trade is invalidated the minute we trade below the 800H MA. Our confirmation after the trade hits is the 400H MA. Now we wait!
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
ZRX Upside potentialZRX (ZRXBTC) has been dropping down the last few days following the rally that made a new all time high.
If price continues to drop, we can expect a reaction from the support level around 0.00014 and a new rally.
If price reaches the resistance level around 0.000195 first, then we may see a drop before the rally restarts.
If price breaks through the resistance level, we can expect a retest of that area potentially followed by new all time highs.
Good Luck,
CryptoTrendline
0x almost on the run.0x was on a decent uptrend for quite sometime, but fell off of it a few times by breaking 200EMA support on 1h chart. If 50 EMA crosses 200 EMA and points up then ZRX will break the 200 EMA resistance and continue on a bullish trend. The bullish divergence is one confirmation (Blue line on RSI) and the moving averages crossing is the second. IF moving average 50 EMA crosses 200 EMA and points down then the downward trend will start.
Still a beginner TA learner. Comments are welcomed.
ZRXBTC BITTREXZrx has been looking very strong recently and seems to be forming an Elliot wave. Currently potentially completed wave 4 and also forming a symmetrical triangle which could signal a break. Entering from the bottom of the triangle to previous structure for roughly 15% gain or waiting for more confirmation buying after the break in the triangle, i feel like this coin will continue to push up and complete wave 5.
Watching closely for the confirmation.
ZeroX - $ZRX - let's catch the fourth wave for a fifth wave pumpGood day traders,
I had no idea you can do these recordings on here. Super easy and fun to do. They only let you do 10 minutes at a time so I kind of rushed through it. Let me know in the comments if any improvements can be made. Thanks for reviewing and good luck out there
If you have found this to be entertaining at the least or if you hated it, feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Ox how high?Coin of the day is Ox
Just to remind you, 0x(ZRX) is an open protocol designed to offer a decentralized exchange as part of the Ethereum blockchain (ERC20 standard). 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange.
0x, at its core, is an open source decentralized exchange protocol, so any use case that involves the trading of different assets can eventually be built using 0x.
Technicals
The reason for frequent updates on Ox coin is that it is one of the few coins that has already recovered from the global drawdown and now testing the all-time highs. Crucial level for ZRXBTC is 0.0002, which is already higher than the 27.01.2018 peak. Today’s volume distributed above the 0.0002 level, which is a sign of a possible further rally. There is no point to buy the coin near such high levels if you don’t expect it to go higher. Bullish Trend Line and 0.00018 level have to hold firm for the bullish scenario. The first target in case of the breakthrough should be 0.00022 to confirm the breakthrough, or 0.00025 as a 100% profit point for the traders who bought at the 0.00005 bottom.
0x: NEW DEVELOPMENTS - PROFIT = 22.34% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 6th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 22.43% PROFIT!!!
The increase in price may also be explained by positive developments including:
Feb 7: OpenFinance complets the world’s first ever fully compliant security token trade via the 0xProject protocol!
March 24: 0x announces 0x Trade Widget (allows users to instantly buy Ethereum 0.03% tokens with 0x protocol).
April 5: 0x announces 0x Protocol v2.
April 6: 0x tokens are ablet to be traded ion Abra wallets.
April 19: 0x announces that its protocol enables Compliant peer-to-peer trading allowing for widespread DEX adoption (by meeting KYC and AML -4.93% 2.71% requirements).
April 26: 0x announces the Bloqboard, the first live Dharma Debt Relayer is launched.
April 26: 0x announces SharkRelay was released live on it mainnet.
April 27: 0x announces Short selling and leveraged long trading coming to decentralized exchanges soon via dydxprotocol
May 2: Radar Relay (facilitates wallet-to-wallet trading using an open order book) using the 0x protocol facilitates $100 million worth of volume during their beta period.
May 2: Rumours released that 0x will be released on Coinbase.
May 3: Bambo Relay is released. It is a ERC20 relayer that is built on the 0x protocol. It has the following features:
- Trade directly from your Ledger Wallet
- Night and day mode for the UI
- Trollbox
- The ability to trade any ERC20 compatible token
- Standard Relayer API endpoints
- Free trades during the beta
May 3: Radar Relay (which uses the 0x token) is available in Chinese and Korea.
(NEW) May 9: 100,000 lifetime trades hit on the 0x protocol.
(NEW) May 9: Announcement of 0x Protocol v2. The changes are as follows:
-Generalized Asset Transfer Proxy
-Batch Transfers in Proxy
-Atomic Order Matching
-Forwarding Contract
-Gas cost analysis
-Combinatorial Testing
The general uptrend in the crypto markets as well as the positive developments above have caused an increase in demand for the 0x token which have forced up prices.
ZRX testing 0.0002!Short update for the previous post on ZRXBTC.
Breakthrough of the 0.00017 - 0.0018 from the second attempt.
Next - testing of the all-time high 0.0002. In case of high volumes, the breakthrough looks possible, as it seems that all the resistance was concentrated below the 0.00018 level.
Support for the bullish scenario - 0.00017.