ZRXBTC trade ideas
$ZRX - 1D 10/20 EMA potential upcomingWith the recent $BTC rally, alts are starting to show some life again.
We have an upcoming 10/20 EMA cross potentially on the 1D chart and so far strong buying pressure shown by the Heikin-Aski.
Previous 10/20 crosses have shown a confirmation in strength of a rally and produced profitable results.
In my opinion, it is better to wait for these confirmations rather than FOMO into trades. As shown previously, there will be plenty of profits to be made if it is a true rally and change in trend.
0x breaking Bearish LineAn update for the last post from 28 of June.
ZRXBTC did draw a rebound pattern, took-off from the 0.0001 level and recently managed to break above the 100-days EMA and reach the Bearish Trend Line; Bearish Trend Line is the boundary of the May downward tendency and breakthrough above it is a proof of the uptrend development. For now, the overall pattern of ZRX looks bullish, and turnaround on 0.0001 level with further uptrend fits well in the bull-trend scenario. If ZRXBTC pair manages to hold above Bearish Trend Line and develop upward momentum - the next resistance on the way up will be 0.00015 level. From the downside, 100-days EMA should play a supportive role in the uptrend scenario.
Just risk it allThis is a good strategy.
You need to pray to god is the first indicator who will help you.
If you're a bad person, the trend is negative, if you're a good person the trend will be positive.
So god makes that decision
The rule is to put all your online money in to it (real money)
If you loose all, that means you're a bad person and you will go to hell so please kill yourself now before you need to pay your household bills.
If you win more, congrats! You are blessed and a amazing person who deserves it.
0x: 0x Protocol v2 Released - PROFIT = 22.31% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 30th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 22.31% PROFIT!!!
The increase in price may also be explained by positive developments including:
Feb 7: OpenFinance completes the world’s first ever fully compliant security token trade via the 0xProject protocol!
March 24: 0x announces 0x Trade Widget (allows users to instantly buy Ethereum 4.61% -4.27% 1.12% tokens with 0x protocol).
April 5: 0x announces 0x Protocol v2.
April 6: 0x tokens are ablet to be traded on Abra wallets.
April 19: 0x announces that its protocol enables Compliant peer-to-peer trading allowing for widespread DEX adoption (by meeting KYC and AML requirements).
April 26: 0x announces the Bloqboard, the first live Dharma Debt Relayer is launched.
April 26: 0x announces SharkRelay was released live on it mainnet.
April 27: 0x announces Short selling and leveraged long trading coming to decentralized exchanges soon via dydxprotocol
May 2: Radar Relay (facilitates wallet-to-wallet trading using an open order book) using the 0x protocol facilitates $100 million worth of volume during their beta period.
May 2: Rumours released that 0x will be released on Coinbase.
May 3: Bambo Relay is released. It is a ERC20 relayer that is built on the 0x protocol. It has the following features:
- Trade directly from your Ledger Wallet
- Night and day mode for the UI
- Trollbox
- The ability to trade any ERC20 compatible token
- Standard Relayer API endpoints
- Free trades during the beta
May 3: Radar Relay (which uses the 0x token) is available in Chinese and Korea.
May 9: 100,000 lifetime trades hit on the 0x protocol.
May 9: Announcement of 0x Protocol v2. The changes are as follows:
-Generalized Asset Transfer Proxy
-Batch Transfers in Proxy
-Atomic Order Matching
-Forwarding Contract
-Gas cost analysis
-Combinatorial Testing
May 20: 0x announces launch date for the 0x Protocol v2 = July 2018
May 24: DDEX announces Japanese Trading Interface 0.44% 0.74% -0.88% .
May 24: Coinbase acquires cryptocurrency trading platform Paradex. Paradex uses the 0x protocol.
May 29: Amadeus Relay launces their Beta on the Kovan Testnet including a new feature: Quote Provider Relayer Strategy.
June 5: John McAfee predicts that 0x will hit $2.90 but the 1st of August.
June 16: Paredex Decentralised Exchange announces that they are now online for non-US customers and with zero trading fees.
June 19: Ledgerdex is releases it's Beta Program. Ledgerdex is a ERC20 token manager and decentralized exchange (DEX) built on top of the 0x Project.
June 28: Ethfinex is released which allows for Ethereum Token Trading and discussion.
June 29: 0x Protocol V2 is now deployed on the Kovan test network. This includes the following:
New smart contract architecture; seamlessly support new token standards. Support for ERC-721 at launch
More efficient order matching and cross-relayer arbitrage
Support for new signature types and custom verification logic
Open source framework for “forwarding contracts.” Easy user on-boarding, abstraction of WETH, and trade widget support.
Ability to create “filter contracts” for permissioned liquidity pools
Bulk order cancellations with a fixed sized transaction
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
ZRXBTC Close to Support Line: Wait for Price action.ZRXBTC levels to see
Sell if breaks Double Trend line!
0x turnaround opportunityCoin of the day is 0x.
One more turnaround chance for the most popular ERC 20 token and one of the biggest growers of this spring - ZRX.
To recap, 0x(ZRX) is an ERC20 based protocol designed to offer a decentralized exchange as part of the Ethereum blockchain. The main idea of 0x creators Will Warren and Amir Bandeali was that any use case that involves an exchange of different assets could eventually be built using 0x.
DEX’s exchanges (Decentralized Crypto Exchanged) becoming the more popular within past year, many even think that this technology will eventually replace centralized exchanges like Binance. A lot of DEX’s are developing based on 0x protocol, which is fueling the growth of the coin, as 0x is one of the most popular tech providers for the Decentralized Exchanges.
Latest news
Jun 26 - LedgerDex beta launch announcement. As a token manager, LedgerDex allows users to keep track of their token balance, send and receive ERC20 tokens. As a decentralized exchange (DEX) built on top of the 0x protocol, LedgerDex allows wallet-to-wallet trading of any ERC20 tokens and supports unlimited trading pairs.
Technicals
Didn’t able to turnaround on Jun 15 above the 100-days EMA ZRXBTC went down, probably under the overall pressure on the crypto markets, provoked by Bitcoin price stagnation. Yesterday the price found support on the strong psychological level 0.0001. Also, turnaround on this level will fit in the correction to the spring uptrend scenario and would be a good spot to start a next uptrend cycle from the technical view. The last key-point for a turnaround which will fit in a growth scenario would be 0.000085 level which coincides with the Bullish Trend Line at this point of time. From the upside, a breakthrough of the 0.000115 will confirm the turnaround formation and send the price testing 0.000135 – 0.00014 zone.
ZRX longCoinbase is corrupt and will do the exact same they did to BCH but with zrx all the signals are there...
Acquired Paradex - built on 0x Protocol
Have an advisor who works for ZRX
Said they will be listing ERC20 tokens in the future
Once coinbase lists ZRX, the new found liquidity and exposure from coinbase's dummy proof UI will cause price to shoot up. I will be buying from here and lower if need be (see price range on the chart). This is a long term play and i am not expecting returns until Coinbase has listed ZRX.