JustChartThings

ZRXBTC strengthening but do your account a favor and don't

BITTREX:ZRXBTC   0x Protocol / Bitcoin
blindly buy the pump - look for risk limited areas of entry even if you're a strong believer that a Coinbase listing will grant you profits. To be honest, exchange listings are too 2017 with respect to their real effects on price levels - don't get me wrong, liquidity is important. However, consider that the entire cryptocurrency market is currently significantly less liquid than last year - the wave of adopters last year has yet to be superseded by a new wave. A wave that may be difficult to predict without seeing the immediate effect on price.

For ZRXBTC , strong underlying fundamentals do make this token a nice one to dollar cost average into for a long thesis. However, don't purchase blindly and at least take into account the technical levels being established. I posted a chart on ZRXBTC not that long ago and, so far, it's playing out as expected after having established a strong demand zone in the 8000s Sats . I still like the potential setup for a test of ATHs around 20k Sats , which could be a wick with a Coinbase listing. Nevertheless, don't trade or invest for exchange listings - do it for your strategy.

Comment: New chart posted, but levels here were mostly in line with the trade plan. Thoughts on where we go from here:

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