0XUSD trade ideas
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ZRX Full EW Count ...demonstrating very very likely the bottom has been set already!
Its just a beauty! After an insane wave 1, we have now finsihed an insanely deep wave 2 retracing over 95% leaving hodlers totally smashed and bottom sellers sell their bags.
While the count is pretty obvious, the typical sweeping of lows below the triangle before going for a massive rally has already taken place.
Stage is all clear and set for ZRX to take off.
Just WOW.
Hold my beer pls
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No financial advice, do your own research, don't be stupid
0X ZRX Support and resistance linesHello Traders,
Today I wanted to post a chart with some solid support and resisitance lines for your trades over the next few months. Especially if you are DCA'ing into this coin these lines can be used to make buys and sells along the way. IMO the bull run will be confirmed when the white trend line is broken up by the price action. In the mean time you can accumulate like the Market makers do.
I hope this helps you with your trades. Please let me know if you would like me to post other charts in the comments.
Have a green week!
Savvy
ZRX/USDT - Potential Short ScenarioHello Traders!
ZRX is moving in a downtrend gradually completing the decline phase. The price is fixed below the resistance level of $0.310
Selling culmination will be the price exit into the range of $0.153 - $0.200. Medium-term purchases can be considered closer to the support level of $0.153.
The targets of such purchases will be the levels of $0.31 and $0.46
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
zrxOne of the few projects with a real product (Matcha.xyz)
However, the coin serves no purpose as you can use their exchange without ever needing the coin.
DeFi index is also going down, so this will trend down as well.
No reason to stake ZRX either since the yields are terrible in comparison to others.
ZRX, high volatility.The following content is machine translation:
In the 4-hour chart, it stopped falling and rebounded at the low level of 0.22. It was blocked near 0.32 and stepped back to the vicinity of 0.22 again. Pay attention to the resistance near 0.35, effectively break through, and look at the resistance near 0.44.
In this rebound, the indicator macd speed line has been running above the zero axis, showing a bullish trend. After the RSI indicator rebounded to the neutral 50, it has been running in the bullish range above 50 and is expected to continue to rise.
In terms of operation, it can effectively break through 0.35, look at the resistance near 0.44, and fall back to the support near 0.32 when it is blocked. If it falls below, it can continue to be empty.
ZRXUSD Retest Leading to ContinuationOn the left the Monthly chart is shown, the bullish nature is evident just by looking at the Channel, the green circle shows how support was found along the middle band of the indicator
This support is currently being retested
On the right is the ZRX/ETH chart, which shows ZRX emerging in a bullish state after a long period of bearish movement, this bullish state can be identified by the thinning Fibonacci Bollinger bands
The breakout will be massive and will definitely be reflected on the USD pair
ZRX Ready for LiftoffZRX is very close to a weekly breakout of a 4-yr base as they just raised a Series B from notable VCs and partnered with Coinbase for their NFT marketplace. When Gamestop announced that LRC would be their partner for NFTs, the coin shot up 6-7x. Given the small cap of ZRX at $765mm and technical setup here, think this has the potential to do the same
ZRX | Yearly Outlook | 3rd Wave PlayTechnical Analysis
ZRX/USD has completed a 5 Elliot wave structure followed by a A-B-C correction structure. This entire play completes Wave 1 and Wave 2 respectively in the broader structure of ZRX/USD.
ZRX/USD has now started Wave 3 of the broader structure and poses a good risk reward in the long term.
Fundamental Analysis
Earlier this year before its Coinbase NFT marketplace partnership, 0x Labs rolled out a set of NFT swap features, which enable users to exchange digital collectibles across multiple blockchains such as Ethereum, Polygon, Fantom, Avalanche, Optimism, BNB Chain, and Celo. The team claims their offering is roughly 50% cheaper than trading on leading NFT marketplaces like OpenSea and LooksRare.
ZRX, double bottom rebound.The following are machine translations:
In the 4-hour chart, the front line rose and then fell.
It stopped falling and rebounded near 0.735.
After the rebound, it stepped back to the vicinity of 0.735 and rebounded.
The MACD indicator and the OVB indicator diverged from the bottom.
At present, a double bottom is formed, and the 0.735 support is confirmed.
It is expected to form a W pattern, which is bullish.
The operation was low and long, and the price was near 1, and the stop loss fell below 0.73.