ZRXBTC trade ideas
ZRX/BTC - Finding bottom - xuanhaimmoerGuys, using Fibo we can easy find the bottom for this
Td Sequential reveal we need small bounce up but when the market are terrible I think it can down back to BYZ ZONE 1 more time so you can wait to buy.
This coin in TOP 30 CoinMarketCap so we can invest in good buy zone and hold for long term.
2 Targets I give you in above for hold, guys!
Thank all you for reading and dont forget LIKE this post to encourage me for next post !
ZRX/BTC - 1D - Outlook To The Next 7 Days0x (ZRXBTC) is reacting positive to the addition of 0x (ZRX) to Coinbase Pro today. After we broke a strong resistance at 0.00012000 BTC right after the news, we have a few targets to look out for.
Information about 0x (ZRX)
Coinmarketcap: coinmarketcap.com
Top Volume Exchange: www.binance.com
Social Media Statistics: www.coingecko.com
Coinbase Pro Announcement: blog.coinbase.com
Return Of Investment past 7 days: 32%
Return Of Investment past 30 days: 44,6%
Return Of Investment past 60 days: -5,3%
Just buy and hold! Very strong fundamentals will lead to a price growth, either short- mid or long-term.
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Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only.
ZRX Finally Listed on Coinbase!!! Potential 77% Move IncomingBINANCE:ZRXBTC was finally officially listed on Coinbase today after rumors had been circling for months.
Don't worry if you didn't get a chance to grab a bag before the big move today.
There will be lots of opportunities to get long between now and a new all-time-high.
I would be looking for a pullback somewhere around 12300-12700 which would be a nice safe place to hop in.
Target is near the ATH at the top of the supply zone, but there will be plenty of opportunities to take some profit along the way.
0x zrx on the radarA nice setup for a breakout trade forming on
0x Protocol
We have an interesting resistence zone from 12000 to 13000 satoshi level.
0x is simillar to exchange tokens like BnB. The price and buying pressure goes along with the bullishness of the altcoin market. That happens because the protocol purpose is to be a peer-to-peer exchange for trading erc20 (ethereum) tokens. It has nice potential for rise and healthy correlation to ETH overall level.
There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00010210 to 0.00008920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00010210)
Ending of entry zone (0.00008920)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00012060
TP2= @ 0.00013320
TP3= @ 0.00014570
TP4= @ 0.00016360
TP5= @ 0.00018600
TP6= @ 0.00020600
TP7= Free
There is a possibility for the beginning of an uptrend in ZRXBTCTechnical analysis:
. 0X/BITCOIN is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00010210 to 0.00008920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00010210)
Ending of entry zone (0.00008920)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00012060
TP2= @ 0.00013320
TP3= @ 0.00014570
TP4= @ 0.00016360
TP5= @ 0.00018600
TP6= @ 0.00020600
TP7= Free
ZRXBTC strengthening but do your account a favor and don't blindly buy the pump - look for risk limited areas of entry even if you're a strong believer that a Coinbase listing will grant you profits. To be honest, exchange listings are too 2017 with respect to their real effects on price levels - don't get me wrong, liquidity is important. However, consider that the entire cryptocurrency market is currently significantly less liquid than last year - the wave of adopters last year has yet to be superseded by a new wave. A wave that may be difficult to predict without seeing the immediate effect on price.
For ZRXBTC, strong underlying fundamentals do make this token a nice one to dollar cost average into for a long thesis. However, don't purchase blindly and at least take into account the technical levels being established. I posted a chart on ZRXBTC not that long ago and, so far, it's playing out as expected after having established a strong demand zone in the 8000s Sats. I still like the potential setup for a test of ATHs around 20k Sats, which could be a wick with a Coinbase listing. Nevertheless, don't trade or invest for exchange listings - do it for your strategy.
ZRXBTC In Potential X2 Move.ZRX Price moving in Bearish channel which hit the bottom (c) of the channel with a potential inverse shoulder head and shoulder formation which target to almost 100% move from the point of our Buy zone.
Momentum indicator also in serious Bullish divergence formation which also signal to potential up move.
If the above pattern fail then price may tend to drop to the next support which will be at the last bottom of the channel at (e).
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.