0XUSD trade ideas
ZRX/USD Coinbase possible breakoutZRX/USD pair on Coinbase has a lot of potential for a breakout I think. We've got the pennant, volume increase, and repeated attacks on resistance.
Another factor I've taken into consideration is that all the new money on Coinbase typically would rather buy a large amount of a cheap coin than a small piece of Bitcoin or something that's more expensive. Despite price action. I've taken a position on ZRX although I do expect another small pullback before a proper breakout. Remains to be seen. Later traders.
0x Box Range (ZRX/USD)One approach to trading a box range is to find a consolidating range bottom with low volatility. Buy when there is a test of the support level in an uptrend, placing a stop loss if price makes a new low. Increasing volume should confirm buying interest. After a breakout, buy on a throwback and retest of the resistance line.
ZRX - Bullish Ascending TriangleIt looks like a Bullish acending triangle forming. Will be looking to TP at the 0.5 retrace
Big Thinks in July for the crypto market....#ZRXAfter the "bull run" of 2017 and the "Bloodbath" of 2018, the #cryptomarket has returned to a precious zones call "Accumulation Zones" with only the projects who deserves to survive. But we have a big difference as you can see in the #ZRX chart the "Accumulation Zone" is bigger than the accumulation before the bull run of 2017..!! With a simple trend line from the all time highs we can see that the breakout is near so can we see a lot of volatility in the next months.
0x Price Analysis ZRX / USD: Bullish Consolidation0x / USD Short-term price analysis
0x has a bullish short-term bias, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame.
The four-hour time frame also shows that an ascending triangle pattern has now formed, with the ZRX / USD pair attempting to move away from key trendline support.
Technical indicators on the four-hour time frame are bullish and continue to generate a buy signal.
Pattern Watch
Traders should note that ascending triangle patterns are typically considered bullish continuation patterns.
Relative Strength Index
The RSI indicator is bullish on the four-hour time frame and shows scope for further upside.
MACD Indicator
The MACD indicator has turned bullish on the four-hour time frame and is currently generating a strong buy signal.
0x / USD Medium-term price analysis
0x has a bullish medium-term outlook, with the cryptocurrency continue to hold price above its trend defining 200-day moving average.
The daily time frame is showing that a valid inverted head and shoulders pattern remains present, with the large bullish pattern yet to be triggered into action.
Technical indicators on the daily time frame are mixed and are currently failing to generate a clear trading signal.
ZRX / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the November 19th, 2018 swing-high remains the bullish target of the inverted head and shoulder pattern on the daily time frame.
Relative Strength Index
The RSI indicator on the daily time frame is neutral and is currently failing to generate a clear trading signal.
MACD Indicator
The MACD is also neutral on the four-hour time frame and is failing to provide a conclusive trading signal.
Conclusion
0x continues to hold onto its short and medium-term bullish trading status, with the cryptocurrency currently in consolidation mode above its key moving averages.
The daily time frame continues to show a valid bullish pattern, which if fully ignited would see the ZRX / USD pair almost double in value from current trading levels.
ZRX ready to rocketI have been monitoring ZRX for long time and covered some of the short-term trades before, but now I’m more interested in the long run as we might have a bullish reversal which could bring higher prices.
Looking at a chart from NOV 18 to MAR 19, you can see the price made lower lows while RSI made higher highs – I marked the pattern with arrow and blue vertical lines. Now, let me explain RSI indicator first, before going into details.
RSI is an extremely popular indicator that has been featured in a number of articles, interviews and books over the years. It is a momentum oscillator that measures the speed and change of price movements. I use it often to identify divergences.
Divergences signal a potential reversal point because directional momentum does not confirm price. A bullish divergence occurs when the underlying security makes a lower low and RSI forms a higher low. RSI does not confirm the lower low and this shows strengthening momentum. The opposite of that would show bearish divergence.
ZRXUSD made bottom twice and from there made higher highs all the way to the corner of descending triangle. The gap from the triangle could be very powerful, given the fact we have vitnesed long bearish trend. I’m long on the trade and looking at $0.5 as my first target. I will cover the trade when we get the momentum going – first we need to see a clear break from $0.4 region.
ZRXUSDGood dynamics!
Total books: $4,984,647.94 (-4.19%)
Global Bids: $2,552,365.63 (-0.83%)
Global Asks: $2,432,282.31 (-7.72%)
0x - how does a 40x sound to you?Sounds pretty good to me. Near perfect ABC correction completed...so what happens after wave 2? Explosion in 1 to 6 months.
ZRX to the moon !!!!!Cup and hanble HS, divergence, BIG BIG bullish flag, great project, what t F do yu want next ?
ZRX/USD LongLong ZRX/USD after impulse through and successful retest of .34c resistance "hopefully" turned support. ZRX is a Coinbase coin, volume could come in fast after the .34c level is claimed.
ZRXUSD is ready to moveZRXUSD has formed a bullish inverted head and shoulders for the last several months and it's ready to rear it's horns in this hot crypto market
If you know anything about ZRX then you'd know it's a darling protocol token with rock hard fundamentals
To be fair, my targets are conservative but if you know the BTC pairing then you know that this was a 10x last season.
Go out and make some money my peeps.
ZRX has >100% upside & great R/Rbuilt a huge point of control at the base and will launch upward from there as volume nodes above are much smaller
0x (ZRX)0x is has completed 1st wave in the Elliot wave and 2nd one has retraced 78% Fibo level 3rd wave is in place with a taget of .55
This target level overlap with the 38% retracement of the previous rally .
ZRXUSD on the verge of a Breakout: ZRX coiled and ready?I have been watching these ZRX zones for some time now.
Breakout here could be explosive, challenge previous high.
Targets will be calculated if and when we get a breakout.
34 cents is the obvious and immediate resistance.
36 cents might create pause around the 1.618 fib.
38 cents was of course the high so definite resistance.
.
See some of my other Charts and Trade calls below .
I also plot Forex and some Stocks, check my profile page .
BTC path to 10k (in Progress, perfect turns)
BTC bottom 3.1k (caught the EXACT bottom)
BNB bounce call (perfect entry and targets)
ETH breakout (instant Profits, no drawdown)
MATIC rocket (massive Profits, breakout entry)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
IOTA Top (Top warning just in time)
DASH top (Top warning EXACTLY in time)
ONT top (Early warning for Top)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
one way or another...zrxusd has been moving in the channel since december. the 50ma and 200ma are about to cross, which could mean that an uptrend is imminent. could!
another possibility would be that zrxusd first targets even earlier price levels before going up again.
this is not trading advice!
ZRX - inverted head and shouldersZRX has been forming an inverted head and shoulder pattern for many months now. Currently the right shoulder is nearing completion with the neckline sitting at ~0.3876, a close above that should trigger a bullish move to 0.4499 as an initial target.
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There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0x/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.289000 to 0.227000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.289000)
Ending of entry zone (0.227000)
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= @ 0.415000
TP2= @ 0.484000
TP3= @ 0.618000
TP4= @ 0.700000
TP5= @ 0.861000
TP6= @ 1.056000
TP7= @ 1.253000
TP8= Free
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0x/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.289000 to 0.227000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.289000)
Ending of entry zone (0.227000)
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= @ 0.415000
TP2= @ 0.484000
TP3= @ 0.618000
TP4= @ 0.700000
TP5= @ 0.861000
TP6= @ 1.056000
TP7= @ 1.253000
TP8= Free
