$ZRX - Trade Update- Exchange 20% for ETHTook profits on the trade by exchange 20% for ETH...
Holding the remaining 80% of $ZRX
ZRXUSD trade ideas
$ZRX - Ox Protocol - Trade update - Average down @ .595Averaged down on $ZRX @ .595 on Friday.
Was looking for a rally to take hold. And it did.
Now looking for it to stick and continue.
ZRX with clear potential for a beautiful weekly EQ and 100% gainIF ZRXUSD has found its higher low on its weekly timerframe we could see a beautiful equilibrium with 100% gains shown by the solid green arrow and the green curved line.
And even IF the dip continues for couple of more weeks (the red curved line) then the EQ shown by the blue lines has still plenty of room above the 0.341 price line to find a clear higher low to bounce from for even greater gains.
$ZRX - 0x Protocol - Long @ .703Long $ZRX @ .703..Buying at perceived support.
Failed cup with handle set up. Buying way down the handle.
Looking for this selloff to end with a snap back rally at a minimum.
ZRXUSD. Trend Analysis
The trend is bearish. The target for the triangle on the chart. Also this is the place of the volume profile, so from there you can try to go to long for a small part of the Deposit. We also slide in the channel of the downtrend. Its breakout can be used to identify early trend change to bullish. We also have an important variable. This is a bullish divergence of the higher order and strong oversold. So be careful with short positions. Also on trading strategy on the channel. You can enter the long against the trend when you reach the lower limit. This is a strong dynamic support
ZRXUSD potential up side on dailyHello
Checking on ZRX/USD I can see that on the Daily Chart there is potential to the upside as long as we are able to break the resistance zone of $1.30
As you can see on my chart we had tried to break this resistance zone already 4 times without being successfully.
Please keep in mind BTC drags the market so as long as BTC can move up we should see movement on Alts as well.
-Rsi has cross over
-MAcd is about to cross up.
-Using Bollinger bands we can see resistance at $1.30 with a potential Target of $1.54 as long as we can break the resistance.
Please remember crypto is volatile and always invest only what you are willing to lose.
Buy at your own risk and always do your own research!!
ZRXUSD Here is a more up to date view on ZRXUSD. As we can see BTC has risen in the last 24 hours and if we can break $8000 and get a daily close above $8400 then I will have a bullish bias on BTCUSD. However until BTC can break above that I am still bearish on BTCUSD overall. This is the plan if BTC can break out above bullish. We have possibly started a new mini 5 wave structure on the 4 hour chart which will take us back to the most recent high. However IF BTC breakdown then so will ZRXUSD.
Coinbase acquires trading platform Paradex built on 0x Protocol"Coinbase acquires cryptocurrency trading platform Paradex"
www.cnbc.com
Our solution is Paradex, a robust, peer-to-peer relay where users from all parts of the world can buy and sell ERC20 tokens on the Ethereum -8.64% blockchain in a decentralized fashion.
"The platform is built on top of the 0x protocol, which provides us with a simple, elegant standard for handling settlement without necessitating user accounts or taking custodianship of users’ funds. This solves the problems of trust and third-party reliance -1.56% that exist on centralized exchanges, completely removing us as an attack vector. Paradex users maintain absolute control of their tokens right up until the point where their trades are validated and finalized, all while never having to create an account."
medium.com
Coinbase.... 0x.... hmmmmm....
Comment: On Wednesday, Coinbase also announced a new brand called Coinbase Pro. The brand will replace GDAX, the company’s longtime trading platform for institutional investors.
fortune.com
Coinbase Acquires Paradex Exchange, Retires GDAX Name
fortune.com
So, Coinbase's new Decentralized Exchange replacing GDAX is Paradex, built on ZRX, and going to be called Coinbase Pro
ZRX/USD the correction seems completedZRX/USD is still trapped within a down channel but the buyers seems determined to send the rate much above this pattern. Price escaped from the down channel, but failed to to stay above the confluence area.
You should wait for a valid breakout before you go long again. The first significant upside target it will be at the upside 50% Fiboacci line of the ascending pitchfork. The stop loss can be placed below the previous low.
0x Crypto MOONNothing like an old fashioned crypto scalp. Bought some earlier today for $1.13 but i will look to add more for a short term trade. Check the article attached as this is a catalyst for one of the cryptos i am most bullish on this year and further on. fortune.com
ZRX - What’s New in V2, the world’s value is becoming tokenized"What’s New in V2
The tokenization of assets has already begun and continues to happen at an accelerating pace. When we launched V1, the first ERC-20 tokens were just beginning to emerge. Since then, we’ve seen the ERC-20 token ecosystem explode and new assets like ERC-721 non-fungible tokens, tokenized securities, derivatives, and many more start to take form. Our core thesis is that the world’s value is becoming tokenized, and we need to build the tools that allow this value to flow freely."
Taken from this article:
blog.0xproject.com
"There has been speculation that the crypto could have established a lot of negotiation already. Though not confirmed, another development fueling thoughts that ZRX could be on Coinbase relates to this tweet. The exchange is partnering an SEC-regulated broker to launch Coinbase Custody. It appears that 3 of the partners are all invested in 0x and are now working with Coinbase. These are Multicoin Capital, Polychain Capital, and Scalar Capital."
twitter.com
Taken from this article:
stocksgazette.com
Launch Timeline
May 21st: Publish Finalized Interface for V2 and Conduct Internal Testing
June 9th: Deploy on Kovan and Start Testing Integration with Existing Relayers and dApps
July 2: Start of Audits by Diligence and Quantstamp
July 30: Deploy on Mainnet