ZRXUSD 2020-JUL-06ZRX flashing a bearish divergence on falling volume. Time to cash in the chips.
#crypto
ZRXUSD.P trade ideas
ZRX - be a shame to miss what's nextnot much to discuss; would be a shame to miss the next move up; if you're short, not sure why as the overall market cap for OX has plenty of upside
OX's time to shineOX closed above $0.40 in the weekly which is a good sign.
Looking for a move up to resistance area of $0.56 - $0.68. I think we blow thru the resistance area of $0.44 as we've tested it multiple times.
thoughts/comments?
TG
ZRX.usd longs hit both Targets, now at near term Retrace zonesQuick update to show possible bounce points.
Last trade plan hit targets and is retracing.
Now approaching possible wave end points.
Will try to post updates as price action proceeds..
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ZRX potential pump coming soon (4h chart)Keep this quick and simple...
MAs look great for a continuation of an uptrend. RSI is not heavily overbought, which I believe this uptrend has some steam in it. Accumulation/distribution looks to be rising, thus confirming a continuation for some more upside currently. I believe hitting Target 1 to be very likely and hopefully pump up to target 2 which at that point I would be taking profit off the table and moving into USD tether. Looking at the fibon. chart as well I think this trend is capable of easily hitting that target 1 and testing that resistance at target 2. That's all for now, we will see what happens over the next week or so. I'm guessing hitting target 1 at 80% confident and hitting target 2 at 50% confident IMO. Good luck!
ZRX Weekly bullish case.ZRX USD Bullish case.
weekly
-MacD higher low trending bullish
-ZRX / BTC looking to close above
this line which hasn't been breached
since November 2018
-bounced from the 100 ma
- TD sequential in on a 3 of the count down trading above the two and above the spirit of the nine.
Daily
56 daily bars of consolidation resulted
in a +150% increase the last time. we
just got 56 bars again and a price increase to
touch the resistance again. If we breach here
we could run up a nice gain.
Turn It Up $ZRX #0X #0xProject
Weekly
Looking at our trend timeframe we can see ZRX continues to respect its downtrend since leaving an ATH imprint at $1.30. Stochastic RSI showing momentum is in favor of the bulls with no signs of reversal. Our most recent price action shows a break from $0.20 up to $0.40, leaving a new higher high. ZRX is now looking to confirm our higher low before continuing to the upside.
Daily
Shifting over to our pattern timeframe we can see ZRX looks to be stuck in an ascending triangle, our high point at $0.49, and our base at $0.32350. Stochastic RSI showing momentum was in favor of the bulls however we have temporarily slowed down.Expecting the price to consolidate from $0.32 to $0.35 before our next breakout. A look at our smaller timeframes will give us a better entry.
4Hour
Finally shifting over to our trigger timeframe we can see 4hour support looks to be forming. Stochastic RSI showing momentum is in favor of the bears, however, a bullish engulfing at this level may change that. If the price is going to respect our triangle breakout and retest we should see ZRX at our 4hour resistance ($0.36).
Bullish on ZRX! decent set upssdecent set ups for this one could test 40 cents here soon maybe break higher is everything goes well... remember this was trading at above 1$ at one point 50-70 cents isnt totally out of the question.
0x (ZRX) - June 20Hello?
Dear Traders, Nice to meet you.
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You need to check if you can get support in the 0.31260076~0.32735668 section.
It is expected to do sideways between 500EMA and 700EMA. (0.31260076~0.39543469)
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
ZRX.usd Long entry for the "Faithful": ie not a popped bubble?Just a quick look at possible long entry with clear targets and stop loss.
For the "faithful" as in the recent massive pump may have been "it".
But even in a deflating bubble there are waves that can be ridden.
Here is that fib series in its entirety:
And a ZOOM on that launch Pad I was posting that in chat but was not at a computer to publish Idea till now.
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ZRX BreakoutGood morning all,
Lately, the DeFi space has been very bullish and leading the recent wave of altcoin fever. ZRX is arguably the most established in the space, and it is looking like it is ready to breakout and test the $0.40 area.
Currently, price is aroung $0.33 and we are seeing early signs of a golden crossover. Although not yet confirmed, with a MACD cross and SFP off the lows on the daily ZRX appears just moments away from a monster move. It shouldn't be long before we see an explosive move.
Summary:
LONG ZRX AT MARKET
SELL TARGETS: $0.40 AND $0.42
ZRX LongLooking for a pullback before entry into ZRX
Does look nice although above the descending broadening wedge
Could easily move into the dollar range
ZRX Pullback coming?ZRX failed to break heavy resistance on the 3day chart multiple times as you can see, and has now made a lower high on the 2day.
I expect a pullback and these are the levels I will be looking at.
support1 .347232
support2 .323808
support3 .284000
Zrx Brokeout, now what?Now that Zrx broke out, it will be confirmed bullish on every major time frame upon close tonight.
Like my KNC analysis, I do not see much pullback on ZRX unless BTC breaks down.
A break of .36-.364 on a hourly open and close would make me cautious.
ZRX about to leave accumulation zone.ZRX is clearly ending a long year accumulation range, which will lead to a massive breakout.
Be safe.
ZRX/USD- High Targets This month!One to put on your watch list for the rest of the month.
ZRX has now broken from trend.
Looking for an entry at a few possible levels.
Indicators suggest the need for a pull back before continuation.
Not financial advice, just thoughts and TA
Any thoughts and feedback welcomed.
Bingaz
