Weekly Crypto Update on BTC & Interesting Alts - AaronX Weekly Crypto Charting update, In this video I go over weekly & daily trends Bitcoin & Several Altcoins.
We have seen a significant increase in momentum since 2019 started.
People are still trying to short which gives bulls a chance to liquidate shorts.
Watching for that BTC SPIKE :")
Sorry about the audio glitches but you can hear me for the most part.
ZRXUSD
ZRX/USD Pair: Target -9% in 24 H (Support/ Resistance)The BB upper band has crossed the bull candle at the tip of the bullish trend showing a signal of a bear trend. The Stochastic oscillator is above the middle level heading towards the overbought level (currently oscillating around 79) also signaling a strongly bearish. This offers an excellent selling opportunity for ZRX investors. The price targets the resistance level at $0.305078 (the purple rectangle), which if broken 0x investors will hope for a strong bullish run. However, if resistance is NOT broken the price signals a bearish reversal.
Target: -9.28%
Time limit: 24 H
ZRXUSD Medium-Term AnalysisAfter forming a double bottom on the weekly timeframe, ZRX looks primed for the next leg higher.
Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region.
From there we can see a continuation into the upside levels in the coming weeks ahead depending on the momentum.
ZRX LongWith the cryptocurrency alt market seeing a bullish rally and positive sentiment, I see strong upside for ZRX for many reasons: a bottom was created, larger buy volume coming in, a larger uptrend, and the break above the 50 day moving average after the tightening of bbands. Volatility is coming into the crypto market currently and with ZRX having a USD trading pairing directly on Coinbase, there is a great deal of upside potential in the short term for this crypto.
0x ($ZRX) - up to 250% PPT! Long term trade.$ZRX is reaching first buying zone however it's still possible that price can go to the second green box and it would be also a great time to buy.
$ZRX is one of the top project in the space with active dev team and great community support.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
ZRX - The sleeperHello everyone! For teh Salesman's 100th idea and to celebrate 150k total profile views, I have decided to do a light analysis on a potential sleeper coin - ZRX!
ZRX has formed a minor falling wedge, and is showing a potential Adam and Eve double bottom WITHIN said wedge with significantly higher RSI. RSI levels on the 4h and daily are showing bullish divergence with pending potential oversold rejections. RSI is also beginning to show buyer strength consistently growing, while falling, for the first time.....ever. MACD on the daily has shown massive bullish divergence forming since June.
The 1.618 rejection extension of the previous move also lies directly beneath current price support, which should at least produce a decent bounce.
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RSI shows a few interesting signs.
First, on the daily bull pressure caused the RSI to rise while the highs were falling. This divergence shows that buyers are definitely present and growing in strength.
Second, 4H RSI and 1D RSI are at 30, staring a potential oversold rejection in the face for the first time since September. After the oversold rejection on the daily in September, ZRX went on to gain 120% sat value.
Third, we are seeing strong bullish divergence emerging WHILE hovering around oversold, usually a good sign.
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MACD
4H MACD shows bullish divergence since late January.
1D MACD shows strong bullish divergence forming since June.
Third time's the charm I think. There is a pattern I've noticed in indicators such as the MACD and RSI where the third volatility move usually produces a fairly significant gain once buying momentum is established.
Fair warning, if Bitcoin fails to hold support + especially follow through from the bulls this idea will probably be invalidated. The strongest buy in ZRX at the moment in my opinion is when Bitcoin has a fresh dump but catches support. ZRX VERY closely follows Bitcoins movements so if Bitcoin does have follow through on the current bull flag, this coin will *MOVE*.
I strongly suspect the new daily open TODAY for ZRX will be a very determining factor in the short and mid term movements.
Keep a very close eye on Bitcoin and ZRX for at least the first 30 minutes of this new daily open for best results.
LET'S GO ZRX!
ZRX/USD BEAR FLAG AND RSI SHOWING PRICE DROPZRX / USD looks to have a bear flag on the hour chart. As well, the price is at the top of the Bollinger band currently, and RSI is showing it is reaching the 60 range which has been a common bounce to the lower end of the RSI recently.
Looks like we might move to the bottom of the downward channel(Blue Lines).
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
Thanks so much for reading my analysis, please follow me and like my post!
- Max K.
ZRXBTC - REVERSAL TENDENCYBuy Price: Green Zone
SL: Red Zone
Profit: Blue zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 30 Percent
Looking at the chart of ZRX , we could see all indicators pointing to buy it , like RSI and 13 HMA crossed all HMA's in the 4H chart( indicating a reversal tendency)!
Also, ZRX is near of the a huge support ( orange lines ).
See me previous analysis and how profitable the are!!!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
ZRX / USD COULD FALL TO .21 SOONZRX on the 1 hour chart is in a downward channel! I was waiting to see if the double bottom support at the red line. The RSI is also showing a repeated trend of bouncing up after reaching the 15 range, which it is close to now. If ZRX sees a large drop to the bottom of the channel soon, we should expect to see a price around .20 - .21!
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
Thanks for reading and please follow and like my work as I grow and learn in the Crypto space!
- Max K.