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Occamstock
Jul 14, 2018 7:57 PM

$ZRX 0x Protocol; Holding position outside channel, moving on up Long

0x / BitcoinBitfinex

Description

While we've watched the boost from recent news fade, it remains to be seen whether 0x has enough momentum to sustain a longer run. Of the projects mentioned, ZRX is virtually guaranteed a spot (in my opinion) on Coinbase due to the fact that the company purchased the protocol several weeks ago. This recent news broke us out of the handle/channel so we'll see if it has enough legs to make more of it. Still a solid LT hold regardless, I'm loading and stashing for a few weeks at minimum. We'll see.

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15M

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Looking pretty good -- next short term target is around 195

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3 & 4HR w/ Fib retrace (+ potential cup formation)




1D

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I can't seem to get the binance chart on here, so i can't share the more accurate candle activity I'm watching. Theres a nice triangle and a bounce off the trend that could be signaling a new step is incoming.

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Next leg coming soon
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