ZRXUSD trade ideas
0x Ready to Rally?Daily MACD and stochastic looking very good, and the long term support line is holding...
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0X/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.666 to 0.492). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.666)
Ending of entry zone (0.492)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.837
TP2= @ 1.041
TP3= @ 1.258
TP4= @ 1.510
TP5= @ 1.887
TP6= @ 2.117
TP7= Free
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis:
. 0X/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.666 to 0.492). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.666)
Ending of entry zone (0.492)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.837
TP2= @ 1.041
TP3= @ 1.258
TP4= @ 1.510
TP5= @ 1.887
TP6= @ 2.117
TP7= Free
ZRX Buy Zone on the way?Watching the ZRX Coin and seeing if it can make some pushes down to the zone we have marked
around the 0.50 - 0.55 cent range for possible buy orders.
ALTS BIG PICTURE ANALYSIS/ZRX prove of 5 wavesThe longitudinal wave on Stoch is suggesting that we´re accelerating with the cycle marking the sprinboard for a very big move of ZRX in line with the timing of 8.6-month PI-Cycle of BTC beginning September(I calculated 3rd September 2018).
Currently we have only 50% retracement/profit taking of the initial up move, so we are technically still short-term bullish and just a dip! If we fall below 55% retracement, that´s a bad sign. We´re still in the game.
I´m also excited on the possibility of a 1-2-3-4-5 Elliott Wave on most alts. If we follow ZRX, we are now in Wave 2 and with the accelerating Stoch cycle we have confluence of a shortening of cycles in time, and if ONT is 5 Waves, we definitely could see $5.5 ONT. BTC is then reaching the 8.6.-month PI-cycle and, ONT is pulling back halfways and then decides if it wants to crash or make a new ATH depending on BTCs decision to break out, or break down.
ZRXUXD near the bottom, next leg ?ZRXUSD is showing some signs of bottoming. We are not there yet, but the price level is getting interesting. Like the whole market, it had retracement from almost $2 and is now trading just above trendline which started in April. First resistance is at $0.8, but if market recovers, ZRX should outperform well. RSI is showing signs of recovering, MACD is not there yet and its still in “bear” zone. Watch out for any setbacks under trendline (red), next stop is then $0.4 region, where was also a bottom in April. On the upside, I'm watching $1.25 region, the last high on the down move.
Coinbase Wallet features 0x and BAT. Wow... is this a hint? Please look at the pic on the Coinbase wallet website.
Do you see what I see... 0x and BAT
I know that they talked about "exploring the addition of several new assets": Cardano/ADA, Basic attention token/BAT, Stellar/XLM, Zcash/ZEC and 0x/ZRX.
But their new wallet website shows in the main picture the logos for 0x and BAT.
A wallet that gives you access to decentralized exchanges... like... maybe Coinbase Pro... :-D
So is this confirmation that BAT and ZRX will be added...? I don't know.
Maybe... maybe not.. but when you are looking at 5 possible coins and wondering which will be added next, if not all of them, I think that this is pretty telling.
wallet.coinbase.com
twitter.com
Buy the way, please consider giving this a "like" if you believe it was helpful.
Thank you!
p.s.
The 0x protocol has been of great interest to people exploring decentralized exchanges and atomic swaps.
As such, it must keep evolving. A new version of the protocol will be introduced soon. keep an eye on 0x.
nulltx.com
BTC up & Alts down. But Alt's day is coming... Soon!Even though the chart is ZRX, I believe this applies to all of the Alts.
Investors are anticipating an ETF on BTC in September, and if it comes... Boom!
Bitcoin liquidity is improving, although this is happening at the expense of the Alts... or is it...?
Alts have broken down bearish, but in the long run, it will all work out.
I believe:
BTC rapidly heads towards $10k,
Investors start to pay more attention to BTC,
New money flows into crypto (both retail and institutional),
Eventually, people take profits and BTC goes sideways,
Somewhere in that time frame, Coinbase releases new Alts on its platform, and
The Alt market explodes.
Not financial advice, but for me, I'd rather not buy the pump of BTC, instead, I'll buy into the Alts while they are still cheap.
In conclusion,
I'll admit, it has been a painful road. Although, we have survived the FUD, the manipulation, and the scams... and we've learned from our own mistakes, and now we are stronger for it.
It's our turn. It's about to happen. Enjoy my brothers and sisters!!!
A few interesting news articles:
- SEC Delays Decision on Direxion's Bitcoin ETFs Until September
"The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change. Accordingly, the Commission, ... designates September 21, 2018, as the date by which the Commission shall either approve or disapprove the proposed rule change."
www.coindesk.com
- BTC Volume today (7/24/2018) is around 6.8 billion. Last week was running around 3 billion daily.
- Binance ready to enter the South Korean market
usethebitcoin.com
- India to Have Comprehensive Crypto Regulations by September
www.financemagnates.com
- Google Partnership with Two Blockchain Startups
cryptonewsmonitor.com
p.s. If you are willing, please give a thumbs up.
:-D
Thank you!
Go team Crypto!!!
ZRX/USDPotential map for ZRX/USD.
100% RETRACE on this full cycle but finding a bounce on the long term trend. An initial impulse 1 has found support in the 88% retrace. Its sitting just out side the buy zone of the green box. Look for a little dip into this area and look for support on a smaller time frame.
If it fails support here the trade is NA
ZRX/USD going to 0.69 before going up ?!As the market goes down, ZRX tested the 0.782 region of the fibonacci, and has been holding around this área, however I believe it is crucial for us to test 0.69$ once again! Indicators show bearish signs which can be na sign it will go to 0.69$.
ZRX (OX) looks like a beast... but is it?ZRX has withstand all the FUD, and corrected in quite a technical way.
It is surely at a crossing point, and it could be decisive.
It has held clearly longtime to an ascending trendline drawn from the start.
It could eventually shoot up from here too, but if it fails... that should be a total wipe out.
Very interesting
Similar to Stellar.. but better
Waiting for Coinbase, ZRX consolidates.A few things happening in the world of 0x:
30 Jul 2018
0X ($ZRX) - TO BE LISTED ON COINX.PRO
www.coincalendar.info
30 Jul 2018
0X ($ZRX) - TO BE LISTED ON MAX EXCHANGE
0x V2 Deployed on Kovan, First Audit Begins
blog.0xproject.com
- 0x v2 Live on Kovan test net
- Audit 2 With Consensus Underway
- The Estimated main net launch of V2 is in September
- 0x in Hangzhou and Beijing this week
- 0x Developer Update #1: V2 Tools Published! (July 26th, 2018)
"The 0x Project has done a great job of building out a robust pipeline of smart contracts that other developers can use to earn hashflow. This is quickly becoming a foundational piece of infrastructure in the Ethereum ecosystem"
medium.com
0x Prediction 0x (ZRX) Price Forecast - 0x Analysis
www.megacryptoprice.com
Ox (ZRX) To Reach $2.90 - By John McAfee
Read more at globalcoinreport.com
0x price on Bithumb as of now: $2.78
www.bithumb.com
In my opinion, this is the quiet before the storm.
- V2 release in September,
- Coinbase listing,
- ETF approval,
- end of the year hype...
I'm in hodl mode.
Take care my brothers & sisters of the Crypto Universe
p.s. thumbs up if you want to share some love
:-D
0x Scalp Trade AnalysisZRX has been consolidating over the recent days within the $1-$1.2 channel. Market Contractions lead to market expansions. ZRX has had lots of buying over the past 24 Hrs on most exchanges which is being reflected on the current charts. Im expecting an increase in volatility as we are testing the upper trendline resistance on the daily, which has applied pressure to the downside. I am looking for a break through in the following hours/days which would lead to another meeting of the $1.35 region where we wicked to priorly. Once this region is fulfilled I will watch for a continuation to the upside to the $1.50 level. Not only Is this a resistance level on the daily but it also aligns with the 200% FIb target. At this level I will look to take some short term profits and look to buy back at a lower level.
ZRX consolidates !!!zrx is at a decisive point. Current weekly close decides where it is heading to. Get in as soon as you see any positive price action.
ZRX/USD ChartZRX is playing out a nice set of Elliot waves and the longer time RSI would show it has the momentum to test $1.50 over the next 4 to 8 weeks. It hit a perfect 3 target to take profit. Failed to break the weakest part of the cloud on the daily and is meeting some resistance. I would expect it to go sideways a few days or a week or so. Possibly even sub $1 buys again. I do feel at some point it will test the $1.50. Look to buy the red candle lows.
