I'm not sure about this one either, but I would say that it's going down. Take this one with a big grain of salt please.
Actually found some really good looking pattern (a circular Fibonacci) which it just broke up from. But I erased that because of the bearish outlook of the moving averages. Instead I put it in this larger perspective with the bearish...
I believe in long-term, the ZRX is completed wave 2 out of 5. Per the following chart, the long-term target is $5.5. But definitely, there are some up and down between here and the target. The first target could be $3.5 which could reach by the middle of February. Nothing will happen without correction. So there is some correction between this trip which I will...
Good day traders!
0x is an amazing project and I have a lot of faith in the team. They're producing a decentralized exchange, and many projects are building on it (e.g. Augur, District0x, Status).
After the upward rally yesterday we're slowly reaching the end of the ascending triangle (continuation pattern).
I have conducted 2 scenarios:
Bullish: We break...
Golden cross just appeared on the 30 min. chart, and we are now on a major breakout.
If we can go pass the blue line, our next stop is the green line @ $2.45, or about 18.56% profit.
However, this coin has potential for way more then that.
Disclaimer: I am not a financial advisor and any information I publish is for educational purposes.
ZRX looks great when it comes to elliot waves in the bigger part.
It finished its 4th (correction) wave. RSI also showed a period of being oversold and the MACD crossover confirms this even more.
With the fib. target is around $6.25ish.
This is going to be a midterm hold, but it is worth every penny. (500%+profits)
The fifth wave is usually the BIG FOMO wave and i...
