ZRXBTC trade ideas
ZRX prepping for the next bull run ZRX has started showing buyer interest on the weekly. It has slowly made it's way above key S/R level on the weekly, which hints towards hidden buying momentum.
Once it has done the retest of 4710 sats on the weekly chart, it should be ready to go to new weekly highs.
ZRX/BTC (Pullback to Previous Resistance?)ZRX/BTC
-The Bear flag has been confirmed after the break of local support at 6000 sat
-The potential downside target is somewhere around 5064-4696 sat range
-This is a good rebuy zone or potential strong support area
-It is a previous resistance region plus the 0.618 golden Fib
-Watch this level carefully for any Bullish rejections
-Look for any signs of reversals before entering a Buy position
0x (ZRX) Chart UpdateThis is an update for the previous chart, so we are keeping the same drawing.
ZRXBTC moved easily to hit our first target, marked with a dashed magenta line.
Seeing that the volume is low and indicators strong, this can be taken as a continuation signal that tells us this pair can continue to grow.
NOTE | Even if prices drop (red arrow), we remain bullish above support (blue arrow).
Here is the previous chart (Jun 9):
Namaste.
ZRX 0X - potential long term setup.wait for a serious break of the yellow line, maybe even a lil retest of it.
targets are green lines, and a pretty hairy target all the way up there. take profit along the way.
all the targets are pretty hairy, so move the stop loss up several times.
first SL can be right below yellow line
this is just an idea, so it will probably need to be revised later.
0x (ZRX) Consolidating, Potential Bullish Move Ahead0x (ZRXBTC) has been consolidating and holding the same support level for multiple months now.
The trading volume is stagnant which signals that this is an accumulation phase.
A strong bullish move can easily follow.
Conditions for change
The above signal is only true if prices remain trading above the MA200 black line. If prices break below this level, the above analysis becomes invalid.
Thanks a lot for your continued support.
Namaste.
#ZRXBTC (Long Term) 8/20 #ZRXBTC (Long Term)
Buy : 0.00003932 - 0.00003639 - 0.00003368
Target 1: 0.00004129
Target 2: 0.00005308
Target 3: 0.00006881
Target 4: 0.00009830
Stoploss: 0.00003282
Signal R/R: 10% / 150%
Net ROI : 50%
Invest: 3%
Duration: 15-90 days
Confidence in Trade : Medium
we ask Allah reconcile and repay.
Short description
At its core, 0x is an open and non-rent seeking protocol that facilitates trustless, low friction exchange of Ethereum-based assets. Developers can use 0x as a platform to build exchange applications on top of (0x.js is a Javascript library for interacting with the 0x protocol). For end users, 0x will be the infrastructure of a wide variety of user-facing applications i.e. 0x Portal, a decentralized application that facilitates trustless trading of Ethereum-based tokens between known counterparties.
0x categories
Exchange, Governance integrated, Decentralized exchange
ZRX 0x upside potentialThe chart looks primed for a move up.
The volume is rising and the indicators show a strong buy recommendation.
Can make a 50% gain.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.