ZRX CoinbaseUsed to think I knew what I was doing. Publishing this for my own documentation. Probably don't follow my lead
ZRXUSD trade ideas
0x - a trend is your friend0x has returned to the trend line it created over a year ago after a 92% collapse in price. This is a project to watch going forward regarding decentralised exchanges. The 3-day chart shows an impressive volume increase matched only to that prior to the last rally. The downward channel created throughout 2018 is very clear, can't think of a better moment to get exposure to this project as we linger in the bottom of this channel. The weekly chart is just as exciting, the angle of the crossing Stochastic RSI indicators is sharper than that previously made before the last rally.
Trend reversal?The price is moving against the upper line of the falling wedge. On a smaller timescale, an ascending triangle is formed which is a bullish sign. A breakout of the falling wedge and the ascending triangle will be bullish. There a two possible buy zones to look for, take profit around the 0.30 range. Stop loss should be below the previous low.
Mind the wedgeZRXUSD latest up movements have been nicely confirmed by a lot of volume. In my eyes, it broke out of a falling wedge, just waiting for a validation to move up higher. The target here is 0.40 USD.
This is not a trading advice!
Good Luck!
KISSKeeping this one simple. Double jump off the falling wedge to 40ish cents. This is the USD pair so please don't get confused if you're trading the BTC pair.
ZRXUSD-STRONG BUY-UPDATEBITFINEX:ZRXUSD is poised to breakout.
Rating remains a STRONG BUY.
0x (ZRX) is a permissionless protocol that provides the infrastructure to facilitate the creation of decentralized exchanges on the Ethereum blockchain. The project employs off-chain transaction relayers and Ethereum based smart contracts to provide an open order book and decentralized exchange. The ZRX token functions as payment to relayers by the users of the protocol and a governance token for protocol upgrades.
Learn more:
coinmarketcap.com
globalcryptoacademy.com
0x.org
Will update.
Target: .314
Time-frame: 5 days
Currently, ZRX has completed Micro-wave 1 and Micro-wave 2. Micro-wave 3 should begin momentarily.
$ZRXUSD forward guidanceThe Cajun thinks he has a bead on a him:) Lots of things can happen but when things line up, we must take notice and not doubt Ketu (astrotalk-aka your gut). We must build the narrative, then test it. I just wish I had full access to trade crypto:)
ZRX/USD BEAR FLAG AND RSI SHOWING PRICE DROPZRX / USD looks to have a bear flag on the hour chart. As well, the price is at the top of the Bollinger band currently, and RSI is showing it is reaching the 60 range which has been a common bounce to the lower end of the RSI recently.
Looks like we might move to the bottom of the downward channel(Blue Lines).
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
Thanks so much for reading my analysis, please follow me and like my post!
- Max K.
ZRX 17 CENT incoming! ZRX will mimic the rest of the market. 0.17 will be the heaviest support for ZRX.
ZRX / USD COULD FALL TO .21 SOONZRX on the 1 hour chart is in a downward channel! I was waiting to see if the double bottom support at the red line. The RSI is also showing a repeated trend of bouncing up after reaching the 15 range, which it is close to now. If ZRX sees a large drop to the bottom of the channel soon, we should expect to see a price around .20 - .21!
I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner.
Thanks for reading and please follow and like my work as I grow and learn in the Crypto space!
- Max K.
ZRXUSD - JUST BUY IT AND PROFITBuy Price: Green Zone
SL: Red Zone
Profit: Blue zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 50 Percent
Looking at the chart of ZRX , we could see all indicators pointing to buy it , like MACD lines, the HMA crossed(13 will cross 34) and the volume!
Pivot Reversal strategy ( it have 4.5 profit factor in ZRX) is indicating an entry too!
Also, ZRX is near of the historical low, so we have a great support to trade ( on Binance ).
See me previous analysis and how profitable the are!!!
Sell when you get some profit, according the way you trade.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
20% ZRXRisky because its on a downtrend but if it matches the drop. We will land near PURPLE. Heavy resistance in all angles. 15% would be a safer exit. Good Luck.
