ZRX is about to breakout from a falling wedge. A lot of upside expected with another altcoin bull run.
It looks like ZRX/BTC is bouncing nicely from the Fib 0.618 support level , and the RSI is in oversold territories, but it lacks volume . SO, no certainty yet. The uptrend confirmation will come if it sustains above the 0.5 Fib and the downtrend line (blue). On the other hand, we may call it a downtrend if it goes below the larger uptrend line (green). Thoughts?
BINANCE:ZRXBTC ZRXBTC keeps hitting and bouncing off this base line support, but exercise some caution because there is a long term resistance line not too far above.
I am very new to technical analysis, so take this with a grain of salt! At the green horizontal line there is some support level, and the trend line indicates that it should continue to decline. Could be a buying opportunity; watch closely if it breaks through 1st support level Please give me some constructive criticism, I am trying to learn more (:
ZRXBTC trying to chart one of my favorite protocols.. no emotions.. i swear to the crypto sirs.. last bottom was some kind of stronger support and also the top of the 1D cloud. if we can bounce on that support, also break the resistance and going up to 12k-13k Satoshis.. i swear.. it will be fun then.
ZRX has been on a downtrend for a while, and we may get an opportunity to place some buying orders between the blue lines. There is a chance that it breaks both lines, so place your stop loss carefully. The 11.2k actually coincides with a 78.6% fib level (start in Jan8), and the second blue line is the zone around 10k that can work as psychological support. I...
POLONIEX:ZRXBTC ZRX still within the rising wedge and waiting for confirmation of the continuation. Good entry will be when it closes above the resistance of the rising wedge.
This isn't idea for trade. I think ZRXBTC goes up until 0.00020496- 0.00021360 good luck
ZRX formed flat-top triangle , and broke it in upward direction . We can join the ride on the 0.000163 price level, because price should retest this level as a support. For this trade Entry: 0.000163 Stop Loss: 0.000140 Take Profit: 0.000239
This is a coin I've been looking at for a while now. 0x (ZRX) is a really interesting project, taken from their website "0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain.". In other words, it's not one of those vaporcoins that really don't have any purpose but to generate money to the creators. This is a...