0x wave 3 complete, working on 4 heading to 5!what the chart says.
may make a marginally higher high, but still needs a correction, and a push to wave 5 expected soon
ZRXBTC
Possible correction down to 0.000144 zrx/btcElliot Wave Pattern completed and ABC correction started. Keep in mind, patterns help to identify only possibilities.
There are no predictions in trading.
ZRXBTCLooking at Fibonacci for an entry on ZRX and picked up a really nice bounce off the 61.8%. Looking for it to continue to push up and retest the previous high. Either forming a double top or breaking through and continuing up.
Looking at taking profit at previous structure.
ZRX/BTC Great opportunities ZRX is a coin that continues to impress me. It has been following a beautiful trend continuing to create higher highs. I cant imagine this pattern forming again much longer but it could very well do just that. What i have been doing is taking advantage of each pullback to the 15 or 55 EMA for the last week or so and it continues to follow this pattern. Its a project I am keeping a close eye on seeing that it went from .65 to a high of 1.75 in over a month or so. For now I will keep following this trend until I see a break of pattern. I do believe it is due for a pullback so anything closing below the 55 EMA I will more than likely take profits
It has also been performing well with the movement of BTC which initially caught my attention
ZRX parabolic trend??I see two major possibilities here, if the parabolic trend continues we'll see some exponential rises followed by an exponential fall. If we see a minor correction here in the next days we could see a handle forming and would have an excellent cup & handle, which would be a good point to load up the bags IMO not financial advice. If the former continues I will be setting sells orders instead.
ZRS does not afraid of BatchOverflow and goes UPCoin of the day is Ox.
0x is an open protocol that is designed to offer a decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange.
0x, at its core, is an open source decentralized exchange protocol, so any use case that involves the trading of different assets can eventually be built using 0x.
The idea of decentralized exchanges is becoming more popular in modern times when ordinary exchanges do not withstand the loads from the influx of customers.
In March 2017, the protocol closed a huge round of financing, which was headed by Polychain Capital.
Latest news
April 25 - BatchOverflow attack on ERC20 tokens. ZRX tokens are not vulnerable to this issue. So, the news did not harm ZRX tokens by any means. (Affected tokens, according to media reports: MESH, UGToken, SMT, SMART, MTC, FirstCoin, GG Token, CNY Token, and CNYTokenPlus.)
Technicals
ZRXBTC had a rebound and went on an upward trend on the 18.03.2018. Since then the price overcame all Bearish Trend Lines, broke above 100-days and 50-days EMA. At the moment ZRX trades in the 23.6% Fibonacci zone of the global uptrend, which is the last zone before the new highs. Daily volume peak distributes above the 0.00016 level, adds confidence in the further development of the uptrend. Minor resistance is 0.00017 level, breakthrough of which will lead the price to the highest point of the price 0.00019 and possibly psychologically significant 0.0002. Bullish Trend Line and 0.00015 - 0.00016 zone should serve as a support for the uptrend scenario.
0X, do you see what i see?Fractals are a natural pattern, not manipulation or any other thing. I believe in fractals.
However, it's a theory now and I have to look at it closer. ;)
ZRXETH-Zoom Out and see where we are? IncredibleEveryone is looking at ZRX with very close eyes but zoom out and see where we are currently. As you can see we are very close in breaking ATH and it is incredible where this project may lead.
ZRXBTC - Can go back and forth until confirmation is there...ZRXBTC 4H UPDATE - 28/04/2018
I would not recommend to sell here as marginal new high cannot be ruled out but cycle is mature and pull back should be seen soon. Don't try to fade. Invalidation level to the downside is 19,234 and we are in a motive 5 waves from the lows.
I'll prefer to wait for confirmation of blue 1 completed and then buy the correction in a corrective 3 waves to the downside.
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 22/04/2018-28/04/2018, I propose ZRXBTC
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.
CRYPTO of the week: ZRXBTC Trade setupZRXBTC 4H UPDATE - 26/04/2018
The cycle from 4,922 low is called ended at 12,452 as a motive 5 waves , therefore calling for another motive 5 waves to the upside once correction is completed.
So, for now, as long as below 12,452 , I expect a pullback in the form of a corrective 3 waves where buyers will appear. Level of interest while waiting for more data to be more precise comes at 8,606-7,699 . The setup is clear in the 4h and will be executed in the 1h time frame.
Invalidation to the downside comes in at 12,452 but I don’t like to sell any bounce here.
Invalidation level to the upside is 4,922.
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 22/04/2018-28/04/2018, I propose ZRXBTC
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.
CRYPTO of the week: ZRXBTC 1h Europe - 25/04/2018ZRXBTC 1H EUROPE UPDATE - 25/04/2018
I just love it when it happens. You change the count and next thing you know you are back at the previous count! And that is okay, nobody should be on the wrong side right now (I sold my longs at 10,920 on the way up few days ago).
From current levels, if new low in 15min with RSI divergence, we have a motive 5 waves from the high 12,452 and therefore we will have a bounce and another leg to the downside.
If going higher from here, expect 12,452 to hold for a double correction WXY.
Fib retracement can help to see where we're at.
I don't like to sell here and will position longs at blue 2
Invalidation level to the upside is 4,765.
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 22/04/2018-28/04/2018, I propose ZRXBTC
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/BTC Extremely bullish!0x destroyed the cloud twist, followed exactly with an Tenkan bullish cross. Slight support of the cloud hitting off it once. A few more days that close above the cloud which it hasn't done for two months could be a turning point for ZRX/
ZRX going for continuation up...?ZRX could keep up its recent rally. We saw some corrections in Altcoin the last day.
Depending on what Altcoin will do in correlation to BTC remains to be seen. Nevertheless, there are positive signals enough to look for a position. All the boxes on the chart are possible entry points. With the obvious one at the bottom of the channel highlighted. This is looking at a 4hr timeframe.
The daily is showing room for further growth. Apart from the phoenix that tells us a deeper correction is possible. Looking at the chart now that can be a classical ABC correction forming up end at the bottom of the channel or a second trendline that is on the chart. That trendline is currently not shown.
At the moment we are facing 20MA resistance. Goodluck
ZRX looks great vs USD/TetherBasic idea for the formula: when the chart is bullish, best to hold USD or BTC. When it's bearish, best to hold ZRX.
Both EMAs and Ichimoku cloud look prime for an incoming ZRX pump. Stoch RSI headed in the right direction, too.
ZRK - BTC BinanceWow, wish I caught the beauty of the ZRX 1D chart much earlier. Anyways, looks like ZRX is primed for a nice boost. A&E double bottom, crushing the ichimoku cloud, and crossing EMAs. Hitting some resistance now, but let's see how this one plays out.
ZRX/BTC - 4/16/2018Good Morning, Traders!
ZRX has recently been trading in the bullish direction since mid March continuously testing the resistance line of 4/1 Gann fan line and a trend line beneath it. If the price is able to break the Gann fan line, it is predicted to be a large breakout for the bulls.
According to the ichimoku cloud the price is indicated to be bearish for a very short time and then become bullish once again. The EMA 20 has made a break from the EMA 200 indicating it is in a good buy signal.
After almost a month of using the resistance line of 8420, it has now become a strong support line matched with a 38.2% Fibonacci retracement to stop the price from falling beneath it.
Important Resistance Levels: 9718, 10051
Important Support levels: 8420
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Hammad Fazlani
Research Analyst
