ZRXBTC
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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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.
ZRX USDT (analyzed with Richimoku & Kumo Waves)ZRX USD (analyzed with Richimoku & Kumo Waves)
Richimoku & Kumo Waves on Cardano / ZRX
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ZRX / BTC analytics0x is a decentralized protocol whose goal is to modernize and simplify the trade of ERC20 tokens through the use of transactions that take place outside the blockchain (off-chain) under ETH smart contracts.
ZRX rate follows the market, an upward trend has formed. The 0x quotes correlate with the ETH, but on October 7, the rate broke off and went higher, and now the price will be adjusted to the lower level of the channel most likely.
The current minimum was formed at the level of 0.00007369. The resistance at 0.001180 has broken through, but did not lock in higher, which may lead to consolidation of the rate at this level. In addition, it is a comfortable zone for asset purchases - 0.000101 - 0.000105.
Volatility is 3-4% during the day. But the periodic appearance of large buy orders may cause of the long candles appear and volatility increases.
The growth potential 0x is difficult to calculate due to the fact that the rate of the token depends on the development of ETH, being its extension indeed.
Huge volume spike on zrx takes priceaction over neckline of ih&sI assume the hype about zrx soon coming to coinbase is the big culprit for why zrx has seen such a massive spike in bull volume that has brought it well above the neckline of its inverted head and shoulder pattern. However to trigger the breakout I think we will need the current 1 day candle to also close above the neckline...if so you can likely expect the price action to reach the green target posted here on the 1 day chart. A fakeout is still a potential possibility so tread carefully.
ZRX Wallet showing up on Coinbase tax Calulatorfrom www.coinbase.com, login, goto Tools, then Tax Center, then Gain Loss, run a report... and there it is: ZRX
Finally....
Here's a few links:
twitter.com
twitter.com
twitter.com
twitter.com
twitter.com
ZRXUSD
Oh gosh... it's been so hard to hodl... but the train is coming!!!
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Thank you Crypto Family
$ZRX Whale Dump Idea!My first thought that recent up is a dead cat bounce. With 1 billion right now ZRX sitting #26 at coinmarketcap. Quite volatile which is good for traders than holders, ey!
Here are my 2 cents.
1. By the price action we see that two support boxes that i draw is quite good for retracement place. Following my Elliot Wave that would be perfect for an accumulation right there. To have a reversal, it must be break my yellow trend line with quite good momentum, if BTC price is sideway or even down ward, don't ever expect that before the time coming.
2. RSI level continuing made HL and always get rejected which makes this idea is even stronger.
Above all ZRX is good project and you should not doubt it for now, but for the price, let the market decide.
ZRXBTC 1D - Where is the FUTURE?BINANCE:ZRXBTC Where is the FUTURE? Gaining momentum with and easing up on the downward trend. I see a brighter future. As history predicts, this might repeat itself but definitely put in your spot loss. There's still room to pick it up cheap.
What do you guys think? Let's discuss your ideas.
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long term ZRX - BUY IT UP!ZRX is forming a ascending triangle on the 4hr chart, which is a bullish pattern. on the 4hr chart ZRX was respecting the 200 EMA - however since breaking that, it is now respecting the 50 EMA on the 4hr chart. As we have hit the bottom of the ascending triangle its a good time to buy & lock in them profits. if we break to the upside of the ascending triangle 1st target for profits is 10950 SATS