There is a possibility for the beginning of an uptrend in ZRXETHTechnical analysis:
. 0X/ETHEREUM is in a down trend 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 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00284000 to 0.00267000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00284000)
Ending of entry zone (0.00267000)
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.
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0x
ZRX 0X Time has Coming in LongTerm 140% !!ZRX 0X is Very Good Coin Fundamentally But we Need Some More Correction and good time to take entry Around 9000- 10000 Satoshi.
ZRX Making Channel and Triangle after touch the Support then we can see a Good Spike in price in long terms upto 140% .
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Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
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ZRXBTC Follow-up of previous post - Signals for next runFrom the last post:
'ZRXBTC 0x signals for the next boost'
" Previous indicators of an uptrend:
1. RSI touching oversold zone
2. Stochastic oversold reaching zero
3. Stochastic K > D "
Now we have more:
1. RSI really low for the past 2 days
2. MACD losing momentum
3. Stochastic buy signal
ZRXBTC is now expected to have a bullish run
ZRX - A Great Coin Coming Up on Some Great EntriesA fundamentally sound coin that I love to trade. On the chart I express the entry zones i;m looking for as my long term play/entry and then an inital bounce we can expect this week, i'll follow up on this coin in a week and see how this chart projection plays out. Best of luck traders. This is not financial advice.
0X FOR A HAPPY CHRISTMAS0X Protocol is clearly the project with major interest between the mid caps and the listing on coinbase is the confirmation.
Graphical we can spot some interesting points.
Harmonical patterns:
The last run after the listing on coinbase was preceded by a bullish bat. This bullish bat was apparently not so powerful as it stopped at 0.5 of XA. But sometime apparences deceives.
Dominant Channel:
We can see two channels. The Orange (with positive trend) and inside this channel a smaller blue (with negative trend). the dominant channel is the one with positive trend, so I would follow the trend.
Pivotal level (grey bar)
10k satoshi is the key pivotal point. as you can see this point is of extreme importance. A support is associated with big gains and rejection is associated with big losses.
On 5 September this point acted as a break down point, but it was broken up again one month later. the rejection strenght has weaken under the influx of the positive trendline of the channel. This point can potentially strongly support 0x.
The triangle
There is a clear big triangular formation. Big triangle = big move (upward or downward).
Volume
Increasing big green spike
Risky levels
mid channel resistance
17k satoshi. A break with confirmation above this level will be associated with a 300% profit from now.
In summary
Positive trend with big structure to break up, listing in the major entry door in the crypto world.
Trade it properly to maximize profits and minimize the risks.
BIO
ZRXBTC LONG ALL SET FOR QUICK 37% PROFIT
RSI GOOD
MFI 20 OVERSOLD
MACD OVERSOLD
STOCH BELOW 20
CURRENT POSITION ABOVE 61.8 11710 SAT 1.27% UP
TARGETS 12960 - 13685 - 15925 (7-14 DAYS)
FOR QUICK TRADERS STRICT STOP LOSS OF 11000
REGULAR ST AND LT TRADERS STOP LOSS 10256
October development updates twitter.com
0x Instant: public spec + private beta
@npmjs packages => 0x namespace
support for EIP712 in @metamask_io
governance updates from @EFDevcon
New team members
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
ZRXBTC - will the pattern repeat?Last idea was successful and made some profits. Let's try to exploit ZRX movement again.
ZRX did it already two times in the past and is kind of forming ascending broadening wedge. In the last four days it formed also triple bottom and is currently above all MAs on 4H timeframe, riding nice above 200 MA.
Idea is based on assumption that it will retrace once again, where I will put two orders (Entry 1 and Entry 2) with stop loss just bellow 200 MA.
In case it won't retrace but will rally from here, I'm willing to enter on breakout, currently with the same stop loss.
Targets are 0.618 Fib retrace level of last drop and just bellow previous high. If things will look pretty, I'll leave part of trade for longer run.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
0x Long setup0x is currently one of a few coins in a clear uptrend. As you can see on the 4h timeframe, it is set on a perfect support of uptrend line. It is definitely a nice opportunity to long from here. Stochastic is oversold on several timeframes - 15m, 30m, 4h and most important - daily too.
We have a bullish divergence on stochastic and RSI on 4h as well. The setup is really nice - on a technical basis. However - I am keeping the position small, because there is something risky here - the uptrend line isn´t created naturally, but because of Coinbase listing news. If you consider this - no matter how "oversold" it is on stochastic, it is still overbought sentimentally. Watch out than.
I would use two stops - one really, really tight on 0.755 USD (like 1.60% risk) and the second one wider. Maybe 0.688, that´s up to you.
The first target is 0.89 USD. That´s a place for some profit taking and placing a stop to profit. If we go higher, just watch and enjoy.
ZRX double bottom?ZRX is forming a potential double bottom at trendline support, which coincides with the 200-period EMA on the 4-hour chart.
Whether it bounces here will obviously depend on BTC and the rest of the crypto market. Bitcoin has broken lower after trading in a very tight range for the past two weeks – however, given the way it has been trading recently there is every chance this will turn out to be a false break. If that is the case, ZRX could reach 0.95 to 1.00 very quickly.
If the across the board selling continues, ZRX is likely to fall to 0.70 which will become the key level to watch.
ZRXUSD - Not looking too pretty at the moment!NOTE: This is all based on Coinbase which has very little historic data so please bear that in mind.
Seems to be stuck in a channel which is coming to the end of a descending triangle - BTC is not looking pretty at this time either which may negatively impact ZRXBTC / ZRXUSD.
Overall view
It seems to be coming to a make or break point and looking 50/50 atm (looks like it didnt respond very well to BTC little dip this morning (25/10/18)
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closer view
as you can see its in a little channel at the moment (purple zone) but it seems to have some good resistance @ 0.83/.84 (blue box) but if it pushes down from here there is no historic support until like .74/.72 which isn't very pretty..
This is either a good time to go long or a very good time to ride back down to 0.72 and reevaluate from there.
Trade safe people!