ZRXBTC
ZRX oversold preparing for take-offAccording to Fibonacci levels, we expect a 30-35% bounce to the next level and then a small retrace and start of a bullish trend
ZRX about to break out from a falling wedgeZRX is about to breakout from a falling wedge. A lot of upside expected with another altcoin bull run.
ZRX/BTC BOUNCING?It looks like ZRX/BTC is bouncing nicely from the Fib 0.618 support level , and the RSI is in oversold territories, but it lacks volume . SO, no certainty yet. The uptrend confirmation will come if it sustains above the 0.5 Fib and the downtrend line (blue). On the other hand, we may call it a downtrend if it goes below the larger uptrend line (green). Thoughts?
$ZRX ideaLess words, more graphics.
Targets
11000
12000
13000
14000
Invest: 10% Capital management is recommended
ZRX About To Bounce Off Support?BINANCE:ZRXBTC ZRXBTC keeps hitting and bouncing off this base line support, but exercise some caution because there is a long term resistance line not too far above.
ZRX BTC Buy opportunity I am very new to technical analysis, so take this with a grain of salt!
At the green horizontal line there is some support level, and the trend line indicates that it should continue to decline.
Could be a buying opportunity; watch closely if it breaks through 1st support level
Please give me some constructive criticism, I am trying to learn more (:
$ZRX on support with bullish signals.ZRXBTC trying to chart one of my favorite protocols.. no emotions.. i swear to the crypto sirs.. last bottom was some kind of stronger support and also the top of the 1D cloud. if we can bounce on that support, also break the resistance and going up to 12k-13k Satoshis.. i swear.. it will be fun then.
ZRXBTC possible entryZRX has been on a downtrend for a while, and we may get an opportunity to place some buying orders between the blue lines. There is a chance that it breaks both lines, so place your stop loss carefully.
The 11.2k actually coincides with a 78.6% fib level (start in Jan8), and the second blue line is the zone around 10k that can work as psychological support.
I will be looking for signs of it being oversold with the RSI, and also for an increase in volume and momentum. Probably wait for a narrower BB indicator and keep checking the 15m timeframe.
Could easily make more than 10%/20% in a couple of days. More than 50% if it goes back to ATH.
Good luck!
Feel free to check out my twitter account!
ZRX / BTC looks like a Rising-Wedge (Continuation)POLONIEX:ZRXBTC
ZRX still within the rising wedge and waiting for confirmation of the continuation. Good entry will be when it closes above the resistance of the rising wedge.
ZRXBTC Continuation of UptrendZRX formed flat-top triangle , and broke it in upward direction . We can join the ride on the 0.000163 price level, because price should retest this level as a support.
For this trade
Entry: 0.000163
Stop Loss: 0.000140
Take Profit: 0.000239
0x (ZRX) Potential Profit of 100% and Beyond! (Binance)This is a coin I've been looking at for a while now. 0x (ZRX) is a really interesting project, taken from their website "0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain.".
In other words, it's not one of those vaporcoins that really don't have any purpose but to generate money to the creators. This is a good HODL coin as well, but we're going to use for trading this time.
ZRX woke up from its sleep last December where it went up more than 1200% in price. We've been seeing some sideways action for a while now, taking a close look it's forming a bull pennant. See the illustration of how a bull pennant usually works. My indicators are telling me this coin can go up by a lot this coming days.
We have found support on the 0.786 fibonacci line, as well as trend support stretching several days back. We have a clear resistance at 16505 that we have to push through in order to get some nice gains. Luckily for us this is a great entry point because we have some big buywalls behind us. So how do we trade this? Let's take a look....
Trading instructions:
Entry: 0.0001430 - 0.000151
Targets:
1. 0.000165
2. 0.000185
3. 0.000223
Longer term targets:
4. 0.000285
5. 0.000449
Stop loss:
0.000122 (18% risk)
If you want, you could place a stop loss just under the flag trend line if we're to go down, then you could rebuy at the lower trendline from december.
Horsedog Pattern Formed ZRX 0XThis horse dog pattern formed as 0x did its retracement after breaking out on wave 1. Anticipate to bounce off previous resistance.
*Entertainment purposes only..
