0XUSD trade ideas
ZRX.USD bounced EXACTLY as expected but about done? 0x top watchFollow up to my last Plot looking for a Bounce at 26 cents (click) .
ZRX has been very strong since bottoming and then consolidating.
Break out from resistance ceiling was perfect with an exact retest.
Now approaching possible Wave End Points, that could cause retrace.
0.308-09 is current resistance which should cause a dip.
0.316-17 is most likely target and possible Top for a while.
0.328-31 if reached will almost definitely end this wave.
Previous ZRX plots:
26 cent Bounce Call
34 cent Top Call
15 cent Bottom Call
May 2019 breakout
Apr 2019 Bottom
ZRX.USD approaching 1st possible Support: 0x Retrace Watch 1Quick post to observe price action around a probable support zone.
What happens here will be telling of strength of the downward wave.
I expect a significant bounce here, if not we go much much deeper.
This is a follow up to my previous Warning of a Top (click) .
ZRX: Can You Buy an Alt on a Dip?When altcoins have rallied in 2019, it's been a sudden one-way ticket higher, and then the move ends. Pretty much everybody misses the rally, and everybody loses money who FOMOs after it.
To see if that story is changing, we are looking at ZRX on Coinbase. There are no doubt a lot of new users must be flooding in there. Conveniently, ZRX seems to be dipping towards a support level at .25. We think it may be worth a shot to take advantage of today's down day and maybe buy a dip here. If it works, the upside could be up to .40.
Bottom Line: if "blockchain is back," then smaller crypto should find buyers on dips. We think ZRX is an excellent place to try and experiment with buying a dip in an altcoin.
0x - Bearish confirmed.Hello friends, looking at the chart.
0x (ZRX) has been made a decent growth past a few weeks. What we can we expect now?
- ZRX still moving in major downtrend channel
- Formed M shape at Major downtrend top resistance line
- EMA50 line was support and now confirmed it's acting as a resistance.
One thing I doubt is ZRX/BTC pair is drawing kind of ascending triangle.
So several targets for Shortes would be the best!
Trade with your own risk.
Thank you for your likes and comments.
ZRX Falling Wedge pump?Positives: Falling wedge spotted, many wicks defending .28 support, 4 hour stoch and 2nd MacD cross. Sitting on Fib golden pocket support.
Negatives: Daily bearish divergence, Daily macd and stoch cross down, Possible Double top & bear flag.
Buy here/ Spot loss under .28
ZRX question announcements today on reddit.
0x ZRXHello, Traders!
Monfex is at your service and today we overview ZRX/USD .
Classic Elliott Waves 12345 still active but will be safer for us to buy by breakout this resistance zone. Now we see a bullish flag formation while the entire cryptocurrency market has grown significantly.
The resistance zone ~ $ 0.34 - 0.345
The support zone ~ $ 0.282 - 0.273
Supposed Trade Signal by ZRX/USD
Buy by breakout $ 0.3456
Take profit ~ $ 0.383
Stop loss at $ 0.313
Market Cap
$184 989 511 USD
Volume (24h)
$29 370 557 USD
Circulating Supply
601 262 273 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Going to be big one after 29th Oct!! Short now-- Long for moon!Going to be big one either side after 29th Oct!! Leaning bullish. Leaning bullish for now. 2x gains potential in 2 months.
Could swing big either ways, but personally bullish considering :
- I am bullish extremely long on BTCUSD starting end of mid Nov.
- Ox is having big deadlines coming realted to Defi wave.
Short Term Trades :
Sell---- Buy back at $0.265
Long term :
Tie the seat belts for ~0.4$
ZRX/USD Must Break Level or Doom!ZRX/USD Daily
- Testing Key previous support now becoming resistance around 33-34 cents
- Showing bearish divergence both RSI and MACD
-Rising wedge
-If bulls cannot rip through resistance could be looking at the 1.272 at .12 cent
Jusy my opinion not financial advice
enjoy
ZRX: Bulls are leading!Hello, Traders!
Monfex is at your service and today we overview ZRX/USD .
ZRX shows us a good ascending movement and now we see the ascending triangle with the strong support lines of triangle, MA50, MA100. Stoch RSI enter the oversold zone. Classic Elliott Waves 12345 we can see on 6H chart below:
Two supposed trade signal below:
First Trade Signal by ZRX/USD
Buy by breakout near $ 0.3456
Take profit ~ $ 0.383
Stop loss at $ 0.313
OR
Second Trade Signal by ZRX/USD
Buy near the support lines ~ $ 0.318
Take profit ~ $ 0.383
Stop loss by breakout the level of $ 0.30
Market Cap
$196 349 375 USD
Volume (24h)
$41 904 141 USD
Circulating Supply
601 198 566 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
ZRX is likely in a parabolic move alreadyOne alt that I've not seen mentioned too much on TV is ZRX (0x), which is Coinbase's token.
The ZRXUSD pair has OUTPERFORMED XRP and XLM which has been routinely talked about having a parabolic move up soon.
Why not put your money into something that is clearly performing already? Volume is showing that there is already fierce buying here and while price has rejected this price point before, the one thing to notice here is the Gaussian Channel. We have clearly broken out of the Daily Gaussian Channel in a clear way.
Weekly is showing a clear breakout to the top of the Gaussian, and while I expect some consolidation between the top of the channel and the mean average line, there is CLEARLY accumulation going on with this coin.
You need to keep an eye on this coin. There is a chance of falling back to mean Gaussian support that is also showing a strong volume profile at that price, and I do expect price to be heavily defended there in case of consolidation (right around the $0.27 price level).
I have been quietly accumulating and keeping an eye on the trend line on weekly at the top. If we break the trend line, expect a retrace and then BUY. As I said, I fully expect ZRX to keep in a parabolic move.