0XUSD trade ideas
next couple hours will tellZRXUSD formed a beautiful head and shoulders pattern inside a falling channel. If this pattern confirms it could go down towards 0.25 - 0.26USD for finding new support.
Still waiting for the pullback to finish. like the title says, be patient!
Good Luck!
This is not a trading advice!
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 53.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.345400 to 0.257000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.345400)
Ending of entry zone (0.257000)
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= @ 0.487680
TP2= @ 0.596630
TP3= @ 0.686050
TP4= @ 0.837000
TP5= @ 0.948790
TP6= @ 1.041000
TP7= @ 1.041000
TP8= @ 2.058300
TP9= Free
BTC rises and so shall they//ZRX Trade UpdateThis crypto penny is a strong one. We reentered around the consolidation at 31c we mentioned earlier. Now we are in clear move to the upside in a channel.
Best advice is to hold now because even the RSI is just looking very very bullish as well as the MACD. Hold till we fall out the channel then sell hard...
Now we just want to keep our eyes on the double top's that we have been seeing in this market. I say wait till 35c to kill it.
ZRX short trade #2We have closed out our previous trade as our rally has lost steam. With that said we are headed for a steeper correction then I had anticipated which is great for another rebound.
I believe through indicators and trend analysis we will retest previous support and buyers will be waiting down there.
Lets short the bounce we get out of ZRX again and again till its all over. Stop complaining about bear trend and get your money man...
Expect a bounce from 31c thats what I forsee happening however we may break down further and retest levels we started this rally at.
ZRX Trade- Steeper correction looks imbound. SELLIts to early in the formation to tell but it looks like our ZRX trade has lost steam on the way to 35C. Thats our secondary. If we could recover at 31c our first target will still be reached.
Keep holding if touches 31c sell. If you see a bounce on 31c lets hold and wait for further confirmation to add in that position. Lets not get tied up in emotions or FOMO because I see a lot of people doing that and we do not have enough volume still to figure this is not a dead cat bounce.
Lets TRADE and be unbias to our situation. We want moon but we may need to build the spaceship still....
ZRX Falling WedgeKeeping a close eye on ZRX this week to see if it can break out of this falling wedge.
ZRXUSD-Initiate STRONG BUY-Primary Wave Extending (Coinbase)COINBASE:ZRXUSD is the best performing alternative coin on coinbase.
I would trade your 'BCH Coinbase' for ZRXUSD before BCHABC collapses....
Primary Wave is developing and extending...
Coins Performance on Coinbase.
Count:
Fib Extensions
Fib Time:
Targets:
Trends and price pointsWhen doing TA you need to have several pieces of the puzzle fitting together before you can make a positive decision.
Some of those factors happen over and over again
look for previous price points of interest, these emotional points will often give you a good indication for entry and resistance exits.
Trend lines are very important lines for support and resistance. Get into the habit of updating your trends on a regular basis.
#ZRXUpdateShort description
At its core, 0x is an open and non-rent seeking protocol that facilitates trustless, low friction exchange of Ethereum-based assets. Developers can use 0x as a platform to build exchange applications on top of (0x.js is a Javascript library for interacting with the 0x protocol). For end users, 0x will be the infrastructure of a wide variety of user-facing applications i.e. 0x Portal, a decentralized application that facilitates trustless trading of Ethereum-based tokens between known counterparties.
0x categories
Exchange, Governance integrated
#ZRX Signal Statment
1-ZRX from $1.10 Since 24 Jul gained 10% Close at entry
2-Zrx from 0.75 Since 17 Aug Hit Stop loss -12%
3-Zrx from 0.5 Since 13 Sep gained 1.05 gained 115% Closed at entry
last Analysis
New signal
Buy Zrx Around $0.36/0.30
Targets
$0.42
$0.48
$0.53
$0.66
$Hold
Stop_loss:
Close Daily below $0.30
Risk/Reward
10% / Hold
Invest:5%
we ask Allah reconcile and repay