Zrx
Anchorage above level ZrxCorrection was ready to grow!
Strong project zrx
Creating a tokenized world where all value can flow freely.
0x is important infrastructure for the emerging crypto economy and enables markets to be created that couldn't have existed before. As more assets become tokenized, public blockchains provide the opportunity to establish a new financial stack that is more efficient, transparent, and equitable than any system in the past.
ZRX broken the falling wedge ZRX finally broken the big falling wedge.
Indicator are healthy I don't see something can stop in short term this coin to go up.
Based in the VPVR and Fib levels this coin could find resistance at .236 fib level and .382 level.
ZRX Breakout Alert!! ZRXUSDT--Beware BTC- Trade with USDT pairs!For the time it is still best to trade USDT pairs unless you are believing that this capitulation is a full bull move. I do not however believe we are bullish at all yet on anything but the short term with BTC. With this being seid ZRX is in a squeeze consolidation and looks ready to break upwards vigorously upwards assuming the overall BTC price holds sideways or upwards a day or so longer. tight protective SL = .2993 usdt T1= .33
ZRXBTC *request analysisZRX perform rising wedge pattern (reversal pattern) and hit resistance trendline.
Maybe it still not a right time to invest at ZRX, coz we have bottom support at 0.00005033
if this pattern break down, bottom reach around mid May.
Even if ZRX success break resistance, maximum projection only 14% at previous resistance at 0.00008833
note : we will update this analysis once we reach 0.00005033
ZRX delivering the goodsZRX is one our crew has been trading a lot over the last 12 months, its been in a strong down trend and to be honest we had lower targets in mind for a strong buy but its started to consolidate and build a new v bottom over the last month which is getting strong, now making higher highs and higher lows, i can see an EW set up building as well, this push which we are in from the bottom we are looking at an exit at the 1.272 extension and a re buy on the retrace and running the last leg up if it can hold support around the 7260 mark.
Volume is increasing really well although sitting above the medium on the CCI i think this will have legs with the current volume.
Have to keep a close eye on BTC though in case we get some big red candles then we might take the risk and move our stops up to lock in profit take and look for a new entry if it falls over.
If this bottom stays strong in a btc down trend then im confident to load back up on demand.
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.
ZRX LongWith the cryptocurrency alt market seeing a bullish rally and positive sentiment, I see strong upside for ZRX for many reasons: a bottom was created, larger buy volume coming in, a larger uptrend, and the break above the 50 day moving average after the tightening of bbands. Volatility is coming into the crypto market currently and with ZRX having a USD trading pairing directly on Coinbase, there is a great deal of upside potential in the short term for this crypto.