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It's time for ALTs to shineThe bull is back in town with big daddy BTC swinging its dominance to a high of 63. The next opportunity and $$$$ is in alts with signs of price exhaustion in BTC and a down tick in dominance, after all a massive run from 4k to 8k since the start of April can't last forever, we can see this already with a divergence as crypto total market cap increases while dominance is moving down. We are going to avoid ethereum as it moves too closely to BTC, instead we are gonna target midcap alt's that are unloved as money will eventually rotate away from BTC to chase bigger gains. On the list is: XRP: look at the chart on this thing, demolished, bag holders are either in a grave or en route, it's already started moving, so lets buy some and take profits after every move up and add a bit more on pull backs. TRX: i'm not a fan of Justin Sun, but he knows how to market a shitcoin. This hasn't moved much so we can take a small position and hope he actually puts his money to something useful, like pumping his own fucking coins instead of fake binance bail out bullshit. ADA: we had a little pre pump that got people excited followed by a deep ~60% retracement, another nice candidate. IOTA: Unpumped coin that needs some love, it would also be nice if they had some fundamental news. 0x: barely moved throughout the year, sit on this baby and wait, bonus points if they have good news. Of course there's lots of coins out there that I haven't even looked at, do your DD, pick a shit coin that hasn't pumped and sit tight for a while.
CRYPTOCAP:BTC.D
by RDaneelSeldon
ZRX Ready For A New CycleWelcome Back! Who is ready for another altcoin ready to start popping off? Today we will be discussing ZRX because this is one that's painting a perfect market cycle. There are a couple key factors I look for when accumulating a market cycle.. I want to see new money entering the market indicated by volume, along with a breakout of the previous down trending resistance indicated by the last cycle, lastly, I want to see price at a cheap level where demand exists. ZRX has fulfilled all my indicators for buying a market cycle. In this chart I have drawn my demand zone for accumulation. I don't find it likely that we break below the most recent low we created before the breakout of major descending resistance. With prices already showing accumulation in the rounded bottom, I find this scenario unlikely. This coin was listed to coinbase a few months back which is when we saw the massive breakout in volume. Remember, noobs love to fomo into pumping coins. What do you expect to happen when they find a coin on Coinbase thats less than a dollar? Coinbase listing are a pretty solid backing with the average retail investor.. I started accumulating this at about 0.25 and will be looking to add to my bags the lower we retrace.
BINANCE:ZRXUSDLong
by UnknownUnicorn846565
Excitement for the coming weeks0x looks very bullish to my mind and hopefully the scenario will play out in our favour. the price movement is directed towards the 200ma line and hopefully will break through it. slowly but surely it will reach the previous price levels. i think the next few weeks will be exciting. well, they have to, i need a new notebook ;) Important price levels (by my estimation): 0.44 0.50 0.55 this is not a trading advice, you trade at your own risk!
BITFINEX:ZRXUSDLong
by UnknownUnicorn1308099
1
ZRX/USD Pair: Target -9% in 24 H (Support/ Resistance)The BB upper band has crossed the bull candle at the tip of the bullish trend showing a signal of a bear trend. The Stochastic oscillator is above the middle level heading towards the overbought level (currently oscillating around 79) also signaling a strongly bearish. This offers an excellent selling opportunity for ZRX investors. The price targets the resistance level at $0.305078 (the purple rectangle), which if broken 0x investors will hope for a strong bullish run. However, if resistance is NOT broken the price signals a bearish reversal. Target: -9.28% Time limit: 24 H
COINBASE:ZRXUSDShort
by KenyanMiner