mattkon

0x: 20% profit potential against Bitcoin

BITFINEX:ZRXBTC   0x / Bitcoin
From what I understand about 0x, it's overhyped. It's an ERC-20 transfer protocol, right? Only useful for ERC-20 token based DEX's? And there are so many blockchain projects competing against Ethereum right now. If you think I'm wrong, please share your ideas in the comments below.

Still, it looks like there is a 20% profit potential against Bitcoin, based on market sentiment and my charting analysis.

Buy range: 12500-13000
Sell range: 16000-17000

What do you think about 0x? Will it break out or fall off at the end of this months long pennant?

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