ZRX WAVE PATTERN CHANGESZRX building a case for redirection
just looking into this
I welcome discussion about the platform
ZRXUSD
ZRX/USD - Breakout incoming 10% potential profitAttention to the yellow line. If breaks, the price will reach the target at $0.63
ZRX 0x Chart and Potential for Coinbase ListingHere is what I see 0x doing if the potential coinbase listing becomes true.
ZRXUSD - SOMETHING WRONG WITH THE COUNT ... IMPORTANCE OF RSIHi, if the previous idea that is working really great for the trader, the chartist I also am was not satisfied because of the count.
Can you spot the difference?
- Equal leg area in an ongoing cycle tells us that count needs to continue to push until this area is reached (truncation at 61.8%-78.4% is also alright).
- RSI divergence. I use this only to determine if a 5 legs is a motive 5 waves or a corrective structure (that most people identify wrongly and therefore want to see 5 waves everywhere and, digressing, the reason why I do not use WXY or ABC but 12345 because it is all the same for the patrons (traders) who want levels. ABC is a WXY with at least one leg extended (5-3-5 or 3-3-5 against 3-3-3 at the same degree).
Based on this new count, the marginal new low made more sense and the next phase can now be presented. See the difference now?
So, what level would you go long (or short)?
ZRXUSD - LONG SETUPI missed the previous entry but this double correction is a good opportunity.
I want to be very clear here that there is no bullish sequence in 1h and 4h. This is counter-trend and I take the trade because I already made a profit in daily trade and that adding here does not make me take any risk here.
The exact level was proposed in previous idea (linked below) and in our patreon.
ZRXUSD ANOTHER TRY LONG SETUPFollowing missed trade on previous idea, here is a possibility for coming sessions with a setup in 1h/15min time frame.
Will update this one, eventhough I am already in ZRXBTC trade.
ZRXUSD 4H UPDATE - 24/03/2018Cycle ended on 19/03/2018 low at 0.35108044. Since then, ZRXUSD bounced in a 5 waves move (confirmed by RSI divergence), therefore I see an opportunity to go long after the correction of cycle from 22/03/2018 high is completed in a 3 waves sequence.
First 3 waves down truncated at 61.8%-78.4% extension. From there bounced in 3 waves to fail below last high.
Expect double correction lower if reached to buy 0.4485, Stop 0.3510, target 0.7390-0.8073 and open, stop below 0.3510.
ZRXUSD 1h Trade Idea - 23/03/2018As per mentioned in previous idea, cycle ended on 19003/2018 low at 0.35108044. Since then, ZRXUSD bounced in a 5 waves move (confirmed by RSI divergence), therefore I see an opportunity to go long after the correction of cycle from 22/03/2018 high is completed in a 3 waves sequence.
Stop will be below the 161.8% extension even though invalidation level is 0.351080, but if it extends, it can mean that we have a 5 waves down - calling for another 5 waves move after bounce - or that a double correction is developing.
ZRXUSD daily tradeZRXUSD has been correcting the cycle from 13/01/2018 high from 2.4786 in a 3 waves move - 13/01/2018 low, 27/01/2018 high and I am calling 19/03/2018 low at 0.3487.
Work is based on EW theory adapted by The Trader's Corner on daily, 4h and 1h time-frame.
Also, ZRXBTC has a clear structure and also reached equal leg area, not only ZRX should appreciate against USD but also against BTC.
Potential for New All-Time High? 0x! (ZRX)Good day traders!
0x is an amazing project and I have a lot of faith in the team. They're producing a decentralized exchange, and many projects are building on it (e.g. Augur, District0x, Status).
After the upward rally yesterday we're slowly reaching the end of the ascending triangle (continuation pattern).
I have conducted 2 scenarios:
Bullish: We break above the resistance soon, like the pattern suggests we would.
Bearish: On the other hand Cryptos are so unpredictable and not all patterns apply. We could also fall down to the $1.5 Support. (Or even further)
--This is NOT financial advice. Please make your own research before investing in any asset--
I wish you successful trades!
ZRX on a major BREAKOUTGolden cross just appeared on the 30 min. chart, and we are now on a major breakout.
If we can go pass the blue line, our next stop is the green line @ $2.45, or about 18.56% profit.
However, this coin has potential for way more then that.
Disclaimer: I am not a financial advisor and any information I publish is for educational purposes.
Playing field for ZRX: where oh where will price go?!Just to give you a framework in which you can further analyse ZRX price movements . I drew the Fibonnacci retracements, and illustratively, you can see that I highlight both a high and low testing in the same candle stick. Moreover, the Pitchfork analysis gives you additional support and resistance level between which the price is moving.
Just before posting this, there was a bullish cross in the MACD 2h chart, coinciding with the "low testing" highlighted in the graph at 8am on 16/01/2018. This is generally very bullish short term and you can see the price move up. So I was just a little late on calling it! :) But nevertheless, here you have the rationale behind it and maybe you can buy it next time when it happens or just before.
Furthermore, we see the 4h chart moving in on a bullish cross in the MACD, supported by the CCI. I have to say that for the moment I am neutral to perhaps slightly bullish, but you can see that the price is still in the negative trend channel for the moment and we might want to sit this one out while the market is doing its swing dance :-)
Just a bedtime story in technical analysis ;-)
cheers
PS: something similar happening with SolarCoin, have a look there as well!
0x (ZRX) Cypher pattern and old trend line, good entry point.As you can see good entry point is between 1.94-2.05. Buy here and go for long.
It seems that Cypher has ended or it is ending, plus elliot also looks it is coming to an end. And the third sign is that RSI is oversold. Buy it while you can.
Targets will be updated after the dip is over (could be soon).
New pattern, great up coming?This is a clearly consolidation near $2. After a long time in low volatility, a lot of new buyers may come. It is possible to test the $3 line. Buy now, the probability to decrease de price is near zero.
0x (ZRX) - 0x triple Cup&Handle - will explode soon 300%+ profitSee chart.
3x Cup and Handle = very very bullish
NEW ATH? 300%+ Profit
