ZRXBTC trade ideas
ZRX coinbase listing signs of extreme bullishDuring coinbases announcement and listing of ZRX . The process took 4 stages in total to be open for full trading on there platform. Bewteen the 3rd and 4th stage zrx saw a 60 percent increase bullish day candle wick. This is a sign of big money on coinbase as a whole. With BAT announcement being listed it will no longer be the cheapest coin on coinbase but i still think its fundemental value and its cheap price point currently around 80 cents puts it at a high chance of reaching 1 dollar again soon within the next few weeks!
First post, be nice.ZRX bearish for now.After seemingly breaking the trend line(fake breakout because of the coinbase listing) and activating a bull run we see a further downfall and meeting resistance at the original trend line.I expect one or 2 bull traps during this correction, max 5-10%.After it completes correction, the sky is the limit, massive potential for this project.
Not trading advice, just sharing what makes sense to me.
The ZRX has completed a 15% decline after every 13 days of grow The ZRX has completed a 15% decline after every 13 days of grow.
Green zone.....: 12-13 days peak.
Gray zone.......: It falls between 13% or 15%.
Yellow zone.....: The receiver and the region in which it is displaced. Previous sellers
Yellow zone.....: Fibonacci: 0,618 is back in the shoot after September 12.
Pink zone........: end of 12-13 day period. My idea: Trend up
Turquoise zone.: Sale
Ytd.
Buy ZRX or stay poor!I believe .00011 will hold, but I will add even more down to that next support of around .000104. If you're already in DO NOT get shaken out, this looks to me like a nice retest before resuming the uptrend. Yes, I said uptrend.
Do not be fooled by people saying its done, just buy the retest and let them fomo in later.
Love 0x as a project.. but be careful ZRX could drop here Buying here near the blue 61.8% level could be a good play with news from Coinbase possibly coming out any day.
However, watch the internal indicators.. the price could drop through support to set up a full retracement into the highlighted area.
Thoughts?
ZRXBTC LONG ALL SET FOR QUICK 37% PROFIT
RSI GOOD
MFI 20 OVERSOLD
MACD OVERSOLD
STOCH BELOW 20
CURRENT POSITION ABOVE 61.8 11710 SAT 1.27% UP
TARGETS 12960 - 13685 - 15925 (7-14 DAYS)
FOR QUICK TRADERS STRICT STOP LOSS OF 11000
REGULAR ST AND LT TRADERS STOP LOSS 10256
October development updates twitter.com
0x Instant: public spec + private beta
@npmjs packages => 0x namespace
support for EIP712 in @metamask_io
governance updates from @EFDevcon
New team members
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ZRX LONG: WATCH THESE LEVELSNice trade coming up: Taking out clean lows into 11494 sats -0.85% level and quickly bounce, very likely a stop run for further upside.
Long at 11494 sats -0.85% is a good entry with stop beneath demand zone .
Alternatively, if not given a dip, find support above S/R level for long.
Original idea -> TRADRZ_Ribz