ZRX/USD Main trend. Channel. Fractal.Logarithm. Time frame 1 month. Main trend. Idea for long-term trend orientation on a large timeframe.
0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets in the Ethereum blockchain without relying on centralized intermediaries such as traditional cryptocurrency exchanges.
The price has fallen by -93% from the high of pumping. Pump/dump channel. Possible fractal recurrence based on the logic of the previous secondary trend. The potential is quite significant.
Suitable for position trading. Rational to work from the average buy/sell price. The price is approaching the zone of previous lows, but the slippage can be by a significant percentage at the moment of “fear peak”.
Trading volume. Holder Addresses.
Pay attention to the minimum trading volume of the last year (this whole downtrend) compared to the past cycles. To understand why it is so, trace the main mass of large and medium addresses of this coin. Activity, time of creation.
This is what it looks like on a line chart if the “market noise” is removed.
ZRXPERP trade ideas
ZRX/USD Secondary trend. Downward wedge.Logarithm. Time frame 3 days. Secondary trend. Downward wedge area.
This is what the downward wedge looks like on the line chart.
The lacal zone for trading at the moment.
ZRX/USD Local work. Triangle. There will soon be a dénouement.
The main trend
ZRX/USD Main trend. Channel. Fractal.
✴️ 0x Easy 80% Short-Term Target Mapped0x (ZRXUSD) just produced a very strong bullish breakout, more than 37% in the past 8 hours...
While this is great and a strong move, much more growth is possible.
✔️ The entire Cryptocurrency market will move strong.
✔️ Many, many Altcoins will grow 500 to 800% or more...
It will be interesting to say the least.
Focusing on the chart here, we have a strong volume breakout, bullish indicators and the rest.
After much consolidation that followed the April correction, the market is ready to print another up-leg.
👉 Here is the short-term easy target, 80%; Mid-term and long-term there will surely be more.
Namaste.
ZRX USDT Best time for big move 💵🔥"🚀 ZRX USDT: Brace yourselves for a potential rocket ride! My TradingView analysis signals a moonshot opportunity, eyeing gains of up to 1000%! 🌕💰
Caution: Set your stop loss at 40% to navigate the crypto cosmos safely. 🚨💼
Time to secure the bags and aim for stellar rewards! 🛍️🔮 #CryptoAdventure"
✴️ 0x 5X Lev. Trade Setup | Sharing My ExperienceWe are doing only 5x on this one not because the setup is weak but because it is already moving.
We are more conservative with the public ones as well, we can do 5-6x here, private it can go up to 10x.
Leveraged trading is high risk.
ZRXUSD has been giving out strong bullish signals based on the volume. We can see high buy volume lately.
Current price trades above EMA10 and EMA21 with a strong RSI.
This doesn't mean that it won't crash or that this is a sure win, it only means that there is potential for higher prices based on these signals but the market can always go either way.
If it crashes, we take the loss and move on.
If it goes our way, we take the win and move on.
If we lose, we check for mistakes and learn from them.
If we win, we take any and all earnings and show our appreciation in whatever way possible.
It is all about numbers, it is a numbers game.
There is no way to win them all, there is no need to win them all.
We just need to win enough to come out ahead.
We need to earn big on the winning trades (high targets) while losing small on the losing ones (tight stop).
There are many ways to approach this business, this game... To each its own.
Some people like high risk like margin/leverage, other people like low risk (as in spot)... It is all up to you.
When I am losing and making mistakes, which happens very often, I quit the market completely, take a break.
When I am winning, doing good I hit the boost... Bigger positions, more capital for as long as things are good.
If I make a mistake I cut back, the message is always to slow down or to stop.
If I am winning, double down, the Universe is telling you to go on.
I ask the opinion of my team.
I measure the pros and the cons... Never a rigid mind, I adapt to the market, I can change fast if that is required, I can also learn and accept when I am wrong.
Flexibility is needed as well for trading.
One needs to be able to stick to a plan but also be flexible enough to accept if a mistake was made when it shows up.
Patience is key.
Practice makes perfect.
Be prepare to lose and to win.
That's all...
In whatever way you like, feel free to show your support.
Namaste.
ZRX - Falling Wedge and Down ChannelPrice is currently within a large down channel
I expect a move up to the top of the channel and then revert back to the norm of back within the channel
It is possible that price breaks the channel and continues up to the thick horizontal line. Speculative though.
Falling Wedge Breakout
A near perfect pattern but something is missingIs this a beautiful pattern or what. Ah but there is one thing missing......volume! LOL. That might be why it is nearly perfect. No volatile moves. HHHMMMMM.
ZRXUSD looks beautiful on multiple platforms. I posted a snapshot of ZRXUS on Coinbase yesterday as it looks similar to what I am holding in Kraken.