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ZRXBTC trade ideas

ZRXBTC Potential Buy opportunity 50-100% Profit targetPossible Entry and exit targets are clearly stated on the chart. BLUE: POSSIBLE ENTRY ZONE RED: STOP LOSS LEVEL GREEN: SELL TARGETS Join our discussion room for more about our trading signals. Please do click on like icon and share our idea. Thanks. Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place. Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Long
by weslad
4
0x: 20% profit potential against BitcoinFrom what I understand about 0x, it's overhyped. It's an ERC-20 transfer protocol, right? Only useful for ERC-20 token based DEX's? And there are so many blockchain projects competing against Ethereum right now. If you think I'm wrong, please share your ideas in the comments below. Still, it looks like there is a 20% profit potential against Bitcoin, based on market sentiment and my charting analysis. Buy range: 12500-13000 Sell range: 16000-17000 What do you think about 0x? Will it break out or fall off at the end of this months long pennant?
by mattkon
Expect some rough waters.ZRX is a project that, fundamentally I'm supper bullish on, has built in connections in place (ie Coinbase), and is going to be an integral part of the web 3.0 in the future (DEX, not just Crypto IMO). On this HTF (1D) the outlook is still bearish (Kijun over Tenkan bearish TK cross 7/27), volume still low from early 2018 and RSI hasn't yet given a clear indication if a trend has formed. For that, I don't think $ZRX will be a good buy in the near future. This could be due in part to $BTC MC dominance at the present time. Movement of $BTC could affect the altcoin market by magnitudes. So a dead cat bounce by $BTC, could lead to quick profits by scalpers. But for the time being, I would stay out or slowly start to scale in if you have long term aspirations for this project. But long term I'm bullish on this utility (as $KNC and $AST as well) as they will help decentralize trading of not only crypto, but securities as well on a P2P level, (with no middleman) which would be dope as shit. Trade safe and enjoy the evolution.
Short
by DPOKE
ZRX aims high.50 DMA acted as a strong support in the May month and every movement towards 50 DMA was thrown upward with greater spikes. June was unfortunate and zrx dipped below 50 DMA. Now zrx has retaken the line moving upwards after two days of consolidation. The first target is around 0.00017 to 0.00019 zone. If the 50 DMA acts as a support again, then we can expect a higher move towards the upper limit. However the weekly RSI is forming a equilibrium pattern (Higher Lows and Lower highs). The upside might be capped around 70. Take profits if you see weakness. Market is in a bounce state not bull state. Book profits whenever you see weakness. Happy trading :)
Long
by veerakumarnice
My $1k to $100k Challenge - Day 25 Trade #38 - ZRXHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. After 23 days and 36 completed trades: Wins: 15 Loss: 21 Balance: 0.1533 B USD: $ 1086 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 25 trade #38 I invested 0.0739 B into ZRX. I bought 527 @ 14022 satoshi My Sell target is: 14724 for 5% profit My Stop loss: 13668 (-2 1/2%) In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
Long
by redking75
8