ZRX back at .30/.31 ; needs some retracement?Will history repeat itself?
Maybe the short bull trend has no juice and needs some retracement. This retracement is a possible daytrade back to .27 support.
ZRXUSD trade ideas
ZRX/USD Pair: Target -9% in 24 H (Support/ Resistance)The BB upper band has crossed the bull candle at the tip of the bullish trend showing a signal of a bear trend. The Stochastic oscillator is above the middle level heading towards the overbought level (currently oscillating around 79) also signaling a strongly bearish. This offers an excellent selling opportunity for ZRX investors. The price targets the resistance level at $0.305078 (the purple rectangle), which if broken 0x investors will hope for a strong bullish run. However, if resistance is NOT broken the price signals a bearish reversal.
Target: -9.28%
Time limit: 24 H
ZRXUSD Medium-Term AnalysisAfter forming a double bottom on the weekly timeframe, ZRX looks primed for the next leg higher.
Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region.
From there we can see a continuation into the upside levels in the coming weeks ahead depending on the momentum.
education part 2what's next?
hidden bullish divs on macd and rsi
volume is not that good on the bounce tho, but if price keeps rising, could mean volume coming in slowly.
green trendline held support at .27
next support at .26
could be corrective move of market wide bear move towards market bottom (long-term swing).
fib retracement to indicate bounce/reversal areas; on those locations new shorts can be opened to continue bear move.
Also made possible elliot wave abc corrective move; who knows if this is correct?
Education see chart.. some education for myself
explaining:
- price action (near resistance)
- candle pattern (wicks, and decreasing length)
- volume (decreasing, not representing price growth)
- divergence macd and rsi (lower highs, while price made higher high)
Have fun!
zrx back to previous support, before continuation?touched resistance at .31
bear div on macd and rsi
maybe retest new support at .29, or it will bounce before that.
if market goes up, zrx has a lot of upside potential after a short term dip possibility
accumulation.good time to invest
I'm not an investor
will update waves for trading in comments
there's likely time
ZRXUSD retrace watch again: 0x hit targets and is pulling backZRX made another wave up, which finished exactly at a 5.618.
The pullback so far resembles and ABC correction, staring C now.
Green zones represent support zones to watch for possible bounce.
Previously I was looking for a retrace to enter, which I did per this plan: the above long was executed with a "Ladder" of limit buys between the two support zones.
ZRX Swing TradeZRX has been in an accumulation phase, with majority of other ALTS for the past 3 months, and now primed for public participation to pump higher. If ZRX breaks above, and establishes support, at $.28 I believe that It would surge higher. If that is the case, $.30 then $.34 should be met over the next 1-2 months. Not too get overly excited but if we see sustained momentum through the $.36 resistance, the $.40 region should follow soon after.
ZRX 0x Buying OpportunitiesBullish divergences on both charts, and good entry.
Take profits at
15%
30%
60%
70%
ZRXUSD retrace watch: 0x impulse done, retrace to where ?Quick plot to observe ZRX retrace.
There was picture perfect 12345 impulse.
And per Elliott, next comes an ABC correction.
Re-entered ZRX on the falling wedge trend-line.If ZRX can get back into the channel and close a daily candle inside, prepare for moon launch.
Fib Retracement on ZRXUSD - PoloneixAfter putting on the fib retracement on current ZRX chart, we can see that target one on price prediction is at 29 cents and target 2 is at around 30.4 cents. 3.3.2019
ZRX showing history of 50% retracement as resistanceIf we see movement to the upside soon, $0.55 will be a price range to target.
ZRX - what is coming in the next few months?Monthly - we can see this mass deceleration to the downside, which in last month we finally closed as a doji - perhaps this month or next will be the beginning of the bull run???
S&P is approaching a very very very responsive and critical resistance zone, worries about a market crash linger more and more each week, and we actually close as a doji weekly candle stick right near the zone. So what we may see is the decline to begin already, or to move higher in the next few weeks into the zone, giving us a confirmation candle right after indicating sell sell sell. In hopes, the crash of S&P with give us the complete opposite for the cryptos, e.g. ZRX and XRP etc. May the bull run for the cryptos rain upon us very soon!!!!!!!
The Little Coin That CouldJust like the Little Train That Could, ZRX is saying "I think I can, I think I can." If this candle closes above the 20 MA of the Bollinger Band it might hit it's target after all.
ZRX Swing TradeIf we can see a bounce to the top of this expanding channel, I believe we may see a further breakout to the upside. If the $0.269 pivot is broken, with a daily closure above, the upside $0.30 and $0.32 levels will likely be met in the medium term.
