ZRX Wave 3 TargetThis chart is based off of The Elliott Wave Theory, Fibonacci, EMA’s, MacD, RSI, and Momentum. ZRX has just bottomed at Wave 2 and Wave 3 is just starting. We are currently crossing the weekly 10 EMA with strong momentum. RSI also looks good but the MacD is lagging a bit. I expect a big pump once the MacD turns to the upside. I couldn’t fit wave 3 on the chart because the next target is too high to fit. The target is $1.90 and the minimum TP is $1.60. It’s an easy 2x from here.
ZRXPERP trade ideas
Is it possible for the ZRX crypto to recover?After Ox joined with Coinbase, the world's second-largest cryptocurrency company, the price of ZRX skyrocketed. Coinbase's non-fungible token (NFT) marketplace now includes Ox as its blockchain supplier. As a result, its coin price is rising as investors believe that this is a validation of the network.
Bullish Scenario: Before the Coinbase alliance, the ZRX price was in a gradual upward trend on the daily chart. ZRX has increased by more than 50% and is now trading at $0.89, its highest level since December of last year. ZRX is trading above the $0.80 support level. If it remains above this zone and the $1.01 resistance level breaks, we could see a move towards $1.18, $1.41 and above.
Bearish Scenario: ZRX is still in a downturn on higher time frames including daily, weekly, and monthly so we aren't quite out of the woods yet to have a strong optimistic bias. Failure to hold the $0.80 support level and a break below $0.65 might lead to a slide to $0.52 and even below.
0x (OX) Retracement back to 0.618I expect the 0.618 retracement to hold in the immediate term.
While the Coinbase partnership is exceedingly good for 0x long-term, in the short term the market is still bearish NFTs and tech stocks. I'm expecting a reflexive rally to move back to the $1.06 - $1.17 range.
blog.0x.org
ZRXUSD About to break its Bear Cycle. Potential target $6.000x (ZRXUSD) made an impressive price jump yesterday after making contact and rebounding on the 1D MA50 (blue trend-line). This chart is on the 1D time-frame but the RSI below is on the 1W while also the 1W MA50 (red trend-line) is displayed.
As show, the Bear Cycle since the April 10 2021 High has been dictated by a Lower Highs trend-line. Right now the price is close to making contact with that level for the first time since October 31 2021. This is a similar pattern with that of April 2019 - February 2020. Excluding the Black Swan event of the COVID market crash in March 2020, when the price broke above the Lower Highs, the market gave a confirmed signal of a new rally.
Notice how the third Bullish Cross between the 1D MA50 and the 1W MA50 gave a confirmed signal. On the current Cycle, if those two cross again, it will also be the third time. Technically the last confirmation will come when ZRX breaks above the Resistance Zone, which is made of the last Lower High. A rally towards the 2.0 Fibonacci extension would be the technical target.
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CRYPTO - #ZRXUSD. Cup and Saucer. Handle almost complete. Buy.Crypto ZRXUSD. Zero X has just formed a cup and saucer pattern. The handle looks like a sign of strength. STO has bottomed out. So keep a tight stop but some sensational potential upside.
Volume. Large green candles on buying volume.
RSI confirms new high and is holding above the 50 level.
STO is 22 - Bottomed out and ready for a bounce.
Current price is 0.70.
Target 1 is is 1.15.
Stop loss. Tight. 0.62
💡Don't miss the great buy opportunity in ZRXUSD @0xProjectTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6878).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZRXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.7853
TP2= @ 0.8387
TP3= @ 0.8827
TP4= @ 0.9669
TP5= @ 1.0402
SL= Break below S2
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💡Don't miss the great buy opportunity in ZRXUSD @0xProjectTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6878).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZRXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.7853
TP2= @ 0.8387
TP3= @ 0.8827
TP4= @ 0.9669
TP5= @ 1.0402
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZRX about to sky rocketWe've come a long long corrective way, finally bottomed out and started an early wave 1 of 3 leading to around 3$.
But watch out, we're about to finish a subwave 2 0.50$ to 0.66$ before going incredibly strong.
Dont chase best price. You dont wanna miss this train
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Trade on ZRXWhat you see here is a falling wedge with a target of $1.00 with more confluence for a short trade.
Between $0.94 AND $1.00 is where the trade should be made.
Confluence:
- Old POC ( not a naked POC )
- VAL slightly below.
- Daily level
- Target falling wedge
- Fibonacci Time on start/finish falling wedge
- Fibonacci Fan
- And the big one: the golden pocket.
With all those reasons I think it provide a good trade opportunity. This potential reverse zone ( where price is likely to fall ) is not small so you have to wait on confirmation on the smaller timeframe for the perfect entry. ZRX is in a bear trend in the bigger timeframe which helps the trade to succeed.
Target should be below $0.6.
Edit: Fib time label 25 of March should be 25 of April of course.
COINBASE:ZRXUSD
ZRX/USDT - Potential 220% SetupHello Traders!
ZRX completes the previous cycle and completes the fall phase. The new cycle begins with the accumulation phase. The zone of interest of buyers is in the range of $0.305 - $0.480.
For a medium-term trade the first part of purchases should be made in the range between $0.305 - $0.395. And the second one after the price goes over the level of $0.480 with fixation.
The profit taking targets will be price levels
$0.94
$1.16
$1.31
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZRX Bullish sign and next targetsToday ZRX shows the first sign of strength and a bullish reversal sign after a three-month bear market with a long green bar - accompanied by relatively high volume - started near $0.58 strong support towards resistance area – previous high.
One more bullish sign in the short term is that price closes above 20MA.
Yesterday, ZRX tested support level, formed that way a higher low.
The bullish reversal confirmation will come after bearish trendline breakout. If you want a stronger signal to go long wait until price breach $0.70 support and 20MA cross above 50MA (Golden Cross).
Stop loss or alert: slightly below $0.578
Take profit: $1.20 – 1.41 (Fibonacci Retracements)
R/R: 8.98 – 12.35
ZRX may reach $2.5 – 3.00 or more at the end of the bull market.
Zrx defi coin 6x - Defi will explode in next waveZrx defi coin 6x - Defi will explode in next wave
Entry price: 0.784
Wait for it, it will go down to this price before going up
Targets:
T1: $4.17
T2: $5.21
T3: $6.00
Approximate date: Mid-2022
Ranked 117 in market-cap
Chart looking good for me to enter at: 0.784
OX coin breakout ideaox coin breakout idea.................................................................................................................................................................