ZRXBTC trade ideas
Coinbase + FOMO = Continuing UpwardPRACTICE TA - NOT Financial Advice
Established Trend Line
Support @ 1200 sats
Correction of 50% Previous Run
Alt Coins Gaining Traction
With the recent Alt Coin runs, I'm expecting 0x to take advantage of being ONE of two coins listed on Coinbase under $1 !
I may have fudged the TA to fit my theory, but I believe that between the gradual (consistently increasing) volume spikes, the support found at 1/2 the previous ZRX run (thanks to coinbase listing), and the fact that it can be purchased directly with fiat..
I have decided that it would be a great time to load up on ZRX and did just that.
ZRX LONG: WATCH THESE LEVELSWere price to take out clean lows into 11494 level and quickly bounce, very likely a stop run for further upside.
Long at 11494 is a good entry with stop beneath demand zone.
Alternatively, if not given a dip, find support above S/R level for long.
GLGT
Original idea by Ribz
Waiting For the Second Wave of BATLast time when COINBASE:ZRXBTC was announced to list on Coinbase Pro, price immediately took off on that day. But it retraced in the following 4 days before the Coinbase listing news came out and took off a second time. I expect the similar price action for BINANCE:BATBTC this time. So I would wait BAT price to come back down in next a few days and look for a long opportunity.
‘The Calculator’ - Analysis #23Although many trades could be taken based on the underlying math of ‘The Calculator’, my own (conservative) trading rules say that it’s NOT about the quantity of trades. It’s about the QUALITY of the trade. I call it ‘predictable probability’.
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With all that being said, I am NOT a professional trader. I DO NOT provide investment advice. This content and the data provided in the indicator is based on my live and simulated, personal observations and is intended for educational purposes ONLY. YOU are responsible for ALL your trading decisions and ALL subsequent tax ramifications. Past performance DOES NOT guarantee future results.
ZRXBTC IdeasZRXBTC at an interesting point, looking for whether the price will correct down to the moving averages in the short term and also looking for whether the ascending fibonacci trendlines will be significant in the next coulple of months.
Disclaimers, not intended to be financial advice.
I'm not holding any ZRX atm but may enter when the moving averages cross over if the price is still above the water.
Biffy
ZRX Short Term SA Projection VisualizationPlus/minus 3.3% deviations on this projection forward, for an 81% probability for the following 6 bars, and degraded thereafter to 77%, 71%, 65% and so on, every 5,4,3 bars thereafter (respectively). This visualization is representative of expected consumer behaviors during this time period.