Fat cup and handle (C&H) on ZRX on the 12hrLooks like 0x ZRX is going to pop out of the triangle in the coming days. Looking for it to bounce up and test .000215 sats, then retrace down to .000195 range before continuing past resistance.
20 day EMA looking positive still for the run.
**Full Disclosure**
I'm not a pro trader, just going off of what I've been learning the past few months. Definitely not financial advice, do your own research. Any feedback is appreciated.
BINANCE:ZRXBTC
ZRXBTC
ZRX - Big Symmetrical coming to an end.$ZRX is in a large Symmetrical Triangle with decreasing Volume (considered the calm before a the storm).
Symmetrical triangles can be tricky, by definition, they can pop or drop.
Traders should be cautious and buy in AFTER a confirmed bullish breakout when old resistance becomes new support.
EMA's are still fanning out which look great and there is a nice green support cloud under it.
My bet is we see it break up, but again. Conservative traders should wait until confirmed breakout before buying in.
FA wise the community loves this coin especially with some strong evidence that it will eventually be listed on Coinbase.
Regardless how the TA goes, I think FA wise this coin is a great Medium to Long term hold.
This Triangle should play out in the next day or so, I will be keeping my eye on ZRX for possible entry.
Is ZRX breaking out?This correction and consolidation after the last rally was expected and healthy. I've been biding my time watching this in its consolidation since the May 23rd high of 0.000216 with lower highs and higher lows forming a converging triangle with the rising uptrend. This evening, ZRX started breaking out of the resistance line.
At this time, we await the completion of the 4-hr timeframe outside this resistance line and the trend is bullish (as highlighted by the StochRSI, which is on a very strong bullish momentum. On the 1-day chart the MACD shows a buy signal has also formed. In less than an hour the trend should be confirmed, unless ZRX falls back under the resistance line. In that case, the rising uptrend and the downsloping resistance should likely lead to a squeeze and a breakout soon.
The broader recovery today, however, is indicative that this uptrend could be buoyed and continue for some time. You can see that the last two rallies lasted well over 40 days. This last correction/consolidation period was relatively short, but that isn't sufficient reason for us to be stuck in a corrective period.
What do you guys think? What are your reasoned estimates?
0x, end of correction is near?Coin of the day is 0x.
ZRX is one of the most positively looking coins on the market managed to restore all losses from the market depression of beginning of 2018. Development of DEX’s based on 0x protocol fueling growth of the coin, as 0x is one of the most popular tech providers for the Decentrilized Exchanges.
0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea of 0x creators Will Warren and Amir Bandeali was that any use case that involves an exchange of different assets can eventually be built using 0x.
Technicals
After testing all-time highs on 05.10, ZRXBTC went into correction, though correctional movement did not go deep and coin formed a triangular correction pattern which fits in overall bullish bias. 100-days EMA and Bullish Trend Line represent bullish tendency. Near-term support levels are 0.00015 and 0.00016. Bullish and Bearish Trend Lines are the boundaries of the triangular pattern, breakthrough above the Bearish Trend Line could mean the end of the correctional movement and send the price to test 0.0002 resistance.
0x Oh my!0x gave me my most profitable trades already this year. 8 years ago, I would have fallen in love with this one and lost it all to it lol - 0x left me at 10920 and I would have chased it again and again to be only rinsed when it reached 13,493 haha)! But this one gives me spice, oh yeah!
Very daring buy at 14,478 because equal leg area was overlapping with invalidation level at 13,493 BUT with proper risk management I bought closed eyes and it paid off! In the money, risk free position so can focus on other trades.
Stick to your system, take a change sometimes but always put hard stop and max 2% risk of your capital per trade.
So, who can give me the count from 21,800 and targets for my trade from 14,478?
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 04/06/2018-10/06/2018, I propose NEOUSD
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
ZRX Upside potential0x (ZRXBTC) reacted from support last week and rallied.
This week we saw the same reaction after price hit support once again.
If price continues its rally, we can expect a break through the 0.0002 resistance area, followed by a retest and continuation higher.
If the resistance level holds price and we see a drop, we can expect it the reach the 0.00014 support level one more time.
Good Luck,
CryptoTrendline
*UPDATE* ZRX 0x- nearing possible entry zone for 2x potential5/27/18
- If you've been following my ZRX charts, you can see ZRX has respected these fib levels fairly well for the last month or so
- It's also one of the few alts that has been fairing well in this bear market
- for those that missed out on the entry zone at 13500, I think 15500-15300 is a good entry point long term as everyone is buying the rumor that it will be listed on coinbase soon
- Stoch RSI on the 4H is reset and looking primed for a potential bull run
- RSI on the 4H nearing oversold levels
- I am looking to sell in the 30000 sat range for potential 2x return, but please DYOR
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
ZRX - Broke into 1HR Cloud, testing it as support now.As always, this is pending on BTC price action, but while BTC is moving green, it's provided some life to ZRX. Also, we've seen an increase of about 15 Bil in the Market cap today.
ZRX has broken into the 1 Hour Ichimoku cloud and appears to be coming back down to test it. Also providing support is the 200 EMA at this level.
We're starting to see an increase in volume along with a decrease of selling pressure on the CMF.
The 20 EMA and 50 EMA are about to cross bullishly and we have a bullish TK cross about to happen.
FA wise, a lot of people are bullish on ZRX while expecting a probable listing on Coinbase in the near future and overall is a solid project.
I believe if you missed the first bounce, now is your time to enter.
ZRX 0x buy zoneas requested from a few here you go
I don't like the setup to buy short term it can go either way imo.
For me the target is around 14k and lower if it gets there
Sorry to say I don't see any bullishness in 0x only downside at this moment.
SHORT TERM bearish
LONG TERM bullish 50$ -100$ is possible not certain just a crazy prediction XD
DISCLAIMER:
The Legal stuff - I'm not financial adviser.
0x - promising technology Coin of the day is 0x.
Decentralized exchanges(DEX’s) is one of the hot topics in 2018. Many believe that soon DEX’s will replace centralized exchanges, as their philosophy fits better to the crypto world. If such things are about to happen, the logical conclusion is to bet on technology providers.
0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea of 0x creators Will Warren and Amir Bandeali was that any use case that involves an exchange of different assets can eventually be built using 0x.
Latest news
May 23 – Coinbase acquires cryptocurrency trading 0x based trading platform Paradex.
Cryptocurrency exchange Coinbase has acquired Paradex, a platform that enables users to trade virtual coins directly with each other, the San Francisco-based company said on Wednesday.
Coinbase plans to make some enhancements to the technology and launch Paradex's services to customers outside of the United States, enabling them to trade "hundreds of tokens," it said.
Technicals
Sustained growth already brought ZRXBTC price higher than the all-time peak at 0.0002, and expectedly threw the coin back into a correction. The correction did not take long and the price peaked-up with huge volumes getting close to the all-time high 0.0002 level again. In case of a breakthrough of this zone, the price will not have any resistance from above thou could go high. From the below, Bullish Trend Line and 100-days EMA would serve as a long-term supporting levels for the growth scenario.
ZRX 0x- just a simple chart and looking bearish short termhere is my current views on 0x
- 0x has respected these fib levels well and is looking to test the 0.5 fib at 13000 sats
- will look to enter a long entry in the 13200-12900 range
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
#Zrx breakout +55% up!! currently doing ABCThis was my analysis 6 hrs ago on #zrx
#ZRX #ox is at perfect fib levels, matching 1.618fib extension of wave a , then 50fib retrace of 1-5 waves & at the 50DMA support , still i think its not a time to go all in on #ox, as it can test lower lvls. Laddering buys in region: 12.5k-14.5k sats is a good strategy
twitter.com
RIght now,
#ZRX #ox surged +55% to 21.7k sats, after breaking out of the triangle consolidation. Then immediately retraced around 61.8fib support to 16.83 sats . Currently its doing an ABC correction and finding support. 17ksats can provide short term support for #ZRX
www.tradingview.com
ZRXBTC Is the beast done? HmmmHope nobody tried to fade this one! because we left at 10920 and wow above 20000 with all time high taken out, just like that!
So when this kind of move happens, well, I just keep pushing the count to the upside and sit tight on my hands so that I do not jump in ...
Now, I have not been able to get on board (watch youtube live stream free content to understand) since then.
So, not selling there, but cycle from the low is very mature and any decent corrective 3 waves pullback will be an opportunity (clear 3 waves in 4h ...)
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 06/05/2018-12/05/2018, I propose ETHUSD
Disclaimer :
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
OxBTC (ZRX) potential 26% gain.Binance:OxBTC
I took a massive hit on this one before but it is part of the game and I learned alot because of taking some of its trade.
Green broken lines are 4hr time frame
Yellow straight lines are daily time frame
Red lines for stop losses
Potential Entry:
0.00015213 - 15555
Stop loss at:
0.00014610 (-5.81%)
Targets:
1st = 0.00017898 (+15.20%)
2nd = 0.00019587 (+26%)
Analysis:
RSI: 42.7
MacD: Far away from crossing over so wait is needed
Pullback is needed for this coin because it is already had a big run.
I'm a fan of short term trades but this one is different, Low risk is priority.
Trade at your own risk :)