ZRXUSD
ZRXUSDT - SHORTBased on technical factors there is a short position in ZRXUSDT 0x
ZRXUSDT 0x
Score 1️⃣
🔴Short Now or set on Key Level 0.9200
🟢Target 1 0.8650
🟢Target 2 0.8200
🟢Target 3 0.7755
❌Stop loss 0.9450
#K_Level
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ZRXUSD Resistance Turned SupportOne for the 0x bulls
Multiple ways can be seen to display the transition from resistance to support
WIth a simple horizontal line
Using the 50 day MA
and also using a fibonacci circle which shows a rejection early at 3.618, then this turned to a support later on
Bullish
There is one direction "UP"ZRX broke a downtrend channel in an uptrend (yellow lines)
After yesterday's declines, we tested the resistance line (red), such testing is a bullish signal and confirmation of increases. It is quite a key place because it is connected with the lower limit of the uptrend and the average (orange) trend.
As I can see it now: the ZRX is going to be gaining momentum and at some point it will go very steep. This is confirmed by the Choop index which is close to the values signaling strong movement. Which side the market will decide, but taking into account the sentiment on the market, for me it is 9/1 for increases.
It remains to wait for this moment of a solid breakout.
Which Side will Prevail? ZRXUSD A chart for ZRXUSD
I have identified both possibilities for price action
for the bears, a triple top and a combined rising wedge. Both of these together make a good case for bears
for the bulls, using the MavilimW indicator I have plotted a,b,c, showing a comparison to a previous point in the run up which may repeat
I am siding with the bears generally because the Rising wedge is very indicative of a bearish short term move, which will lead to the breaking of the uptrend line, and movement down the side of the circle.
0x ZRXUSDT - Elliott Wave + Rising wedge- 0x - ZRX - Rank #101 - Token
- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge, that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
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ZRXUSDT MAP!Zrx is one of the coins that's hasn't broken out yet.
ZRX play been so far: Buy when RSI is the oversold area below 37% on the three-day chart.
Take profit on 1.618 Fibonacci and reload again when rsi below 37%. The past two run-ups have been a perfect hit!! Will it repeat?
Key: Hold 0.78$ on the 3D chart.
Ideally Entry zone:
1) 0.82 - 0.88
2) buy after breakout and retest the pink trend line.
ZRX bitcoin pair is @ 4-year extended Support with RSI at oversold zone. The past three times zrx/btc bounced off very nicely. #good risk/Rewards
won't mind giving it a shot. As long support hold Tp on the chart
you can never go wrong buying something at strong support.
Previous ZRX update
"Good old boy"After a long time of consolidation, the ZRX is in a troublemaker which, due to the continuation of the bull market, will be broken upwards, which is additionally confirmed by the MACD and RSI chart.
In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins.
The first stop of the new growth wave in my opinion will be the level 0d 5-6.5 $. Because there is the top of the model channel, which previously stopped the growth several times.
BTC after exceeding $ 100k will surely see another upward correction (fast and dynamic), so at this point, if there is a correction, I think that a strong support on the ZRX will be the level of $ 1.8-2.2.
Later (the worst scenario due to the far time horizon) we can see the last wave of growth on Altach which will amount to over $ 10 + (similar to January 2018. Will it happen?
Previous analyzes:
ZRX - BREAK OUT AND RETEST AND PUMP!Candles are giving us that expectation. If the price closes above the downtrend. We can expect this to be the real breakout!
This is the downtrend line since April. 10 months and five bounces.
After breaking will be a real strong uptrend. I wait for that.
We wait for the confirmation closing candle of tomorrow to enter the order.
Target: Moon!
ZRX/USD (Weekly)- Targets are clear on the chart based on Fibo Levels
- You can enter after breaking the downtrend trend line and retest
- Base line 103 (Ichimoku) can be a great dynamic support or resistance line
- $0.85 is a good area for set your order imo
- NFA
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All Time High USD
Jan 09, 2018 (4 years ago) $2.53
57.24%
All Time Low
Aug 16, 2017 (4 years ago) $0.104
941.13%
0x ROI
868.79%
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All Time High BTC
0.00021900
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Market Rank #107
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0x Supply
Circulating Supply 845,341,602 ZRX
Total Supply 1,000,000,000 ZRX
Max Supply 1,000,000,000 ZRX
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Market Cap $914,979,050.65
7.31%
Fully Diluted Market Cap $1,082,377,879.79
7.31%
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0x ZRXUSDT - HUGE Rising wedge- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge , that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- Check my related idea about 0X vs BTC below!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!