0x Retrace Might Be Complete, Early Signals | Where To Next?0x (ZRXBTC) had a strong bounce and is reaching the end of its latest retrace.
We can clearly see a higher low (yellow circles) followed by a strong bounce to move above EMA200 and EMA300.
So we had a fake breakdown, low volume drop below resistance followed by a quick recovery, and now the indicators and signals are there for additional growth.
Conditions for change
0x (ZRXBTC) is now bullish but the charts are always changing... If the price moves and closes "support", the above signals become invalid and ZRXBTC can go lower.
Any questions?
Feel free to leave a comment.
Our last chart for 0x generated over 125% of profits... Let's take a look at the long-term chart from August 2019:
& more...
Thanks a lot for your continued support.
Namaste.
0x
ZRXUSDT BullishZRX/USDT is in a strong Uptrend and still pushes the price up. In the chart we can see the lower trend line, which ZRX often respected and always bounced UP. I marked the impulse motion of the ZRX with five waves, and we should actually go to complete the fifth wave.
ZRX is still in the tracking phase for us because I want to wait for confirmation of increasing movement. If he breaks the Key zone and keeps this value, it will be a bullish signal for me and I immediately enter the trade. We will buy it in the Re-buy zone worth 0.3$ to 0.29$. Take Profit Zone at 0.38$ to 0.39$. If ZRX breaks the bottom trend, we set the Stop Loss to 0.28$.
$ZRX 0x Long Idea- Low Time Frames (LTF) have healthy volume coming in, which is what I wanted to see at this level.
- Looks like a C&H is forming on 1D chart
- It had its pump several weeks ago and since then has cooled off, I think it's ready to make its move back up & reclaim
Trade invalidated if we close below the 2800 support. I anticipate BTC will go sideways for awhile allowing alts to breathe/pump. No, I don't think it will be like 2017 Alt Season, but, we should have some fun.
Follow me on twitter for other set ups, November has been great! @HerroCrypto
0x - Bearish confirmed.Hello friends, looking at the chart.
0x (ZRX) has been made a decent growth past a few weeks. What we can we expect now?
- ZRX still moving in major downtrend channel
- Formed M shape at Major downtrend top resistance line
- EMA50 line was support and now confirmed it's acting as a resistance.
One thing I doubt is ZRX/BTC pair is drawing kind of ascending triangle.
So several targets for Shortes would be the best!
Trade with your own risk.
Thank you for your likes and comments.
ZRX Falling Wedge pump?Positives: Falling wedge spotted, many wicks defending .28 support, 4 hour stoch and 2nd MacD cross. Sitting on Fib golden pocket support.
Negatives: Daily bearish divergence, Daily macd and stoch cross down, Possible Double top & bear flag.
Buy here/ Spot loss under .28
ZRX question announcements today on reddit.
0x ZRXHello, Traders!
Monfex is at your service and today we overview ZRX/USD .
Classic Elliott Waves 12345 still active but will be safer for us to buy by breakout this resistance zone. Now we see a bullish flag formation while the entire cryptocurrency market has grown significantly.
The resistance zone ~ $ 0.34 - 0.345
The support zone ~ $ 0.282 - 0.273
Supposed Trade Signal by ZRX/USD
Buy by breakout $ 0.3456
Take profit ~ $ 0.383
Stop loss at $ 0.313
Market Cap
$184 989 511 USD
Volume (24h)
$29 370 557 USD
Circulating Supply
601 262 273 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
ZRX: Bulls are leading!Hello, Traders!
Monfex is at your service and today we overview ZRX/USD .
ZRX shows us a good ascending movement and now we see the ascending triangle with the strong support lines of triangle, MA50, MA100. Stoch RSI enter the oversold zone. Classic Elliott Waves 12345 we can see on 6H chart below:
Two supposed trade signal below:
First Trade Signal by ZRX/USD
Buy by breakout near $ 0.3456
Take profit ~ $ 0.383
Stop loss at $ 0.313
OR
Second Trade Signal by ZRX/USD
Buy near the support lines ~ $ 0.318
Take profit ~ $ 0.383
Stop loss by breakout the level of $ 0.30
Market Cap
$196 349 375 USD
Volume (24h)
$41 904 141 USD
Circulating Supply
601 198 566 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
ZRX: Look What Happened!Hello my dear ZRX traders! ;)
Let's have a look what happened since the last idea, when we were going down with the wedge:
Have fun watching! ;)
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
ZRX 0x Hello, Traders!
Monfex is at your service and today we overview ZRX/USD .
Classic Elliott Waves 12345 we can see on this chart and confirmation of a long position will be breakout of $ 0.3455 . Stoch RSI oversold and it's going to rise up, but we have a bearish divergence by simple RSI and it's not a good sign. Maybe this divergence was realised on 15-16 October when we see was -20% dropdown.
Market Cap
$194 547 842 USD
Volume (24h)
$41 107 541 USD
Circulating Supply
601 198 566 ZRX
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.