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UnknownUnicorn942585
Sep 16, 2020 8:27 PM

ZRXUSD Wyckoff accumulation  Long

0x / United States DollarCoinbase

Description

i posted this schematic probably a few times in the last few months and i will continue to do so

So before i write another text here i direct you to the last one i posted it is detailed



The accumulation is definitely over and the tokens are only held by strong hands which will never sell at these levels. Its over since 1 month we also rallied to almost 1$ they hammered it down trying to get the last supply available right to the demand area creating some false impression time is key in accumulations like these with actions like these they try to hold it down for as long as possible its a zero sumgame now for them anything below the current price will lead to inventory loss


The target is above 3$ near 4$ considering normal point and figure scaling sometimes percentage scaling is what should be applied in that case we are talking about a possible price of 150$ and even higher in that case it would be a 1000x increase from the bottom considering the amount of time the amount of supply that has been absorbed its very possible the accumulation of btc in 2014 2015 is nothing compared to this


If you have enough patience to withstand potential time wasting manipulation this coin is definitely for you


And a personal message to the time wasting composite operator we will never sell you have to pay soon $$$ zero or hero

Comment

i usually dont trust the volume on any exchanges because most exchanges inflate their volume artificially with washtrading bots coinbase does that too but still there has been without a doubt an increase of fiat output in order to accumulate more coins all trading is is an agreement and obviously there are 0 sellers below 30 cents that are willing to sell most have done that the only people that sold since may are those who bought in march/april previous bagholders made at the 30-35 cent area and now some other weakhands and to those who bought last month and became euphoric and fomo bought you will most likely breakeven you shouldnt do that they put you temporarily in a loss and know most will breakeven retail traders need to extend their way of thinking when it comes to trading

Comments
rafbie
Hey Rakim, I agree with you 100%. I have been observing this accumulation for over a year and in crypto space this is the best looking chart I have ever seen.
Besides that you can observe this accumulation directly on blockchain. Whales since early 2019 have been loading ZRX to their wallets and not selling! See for youself: etherscan.io/token/0xe41d2489571d322189246dafa5ebde1f4699f498
From my calculations over 90% of all supply is in strong hands now.
This will be the mother of all pumps.
UnknownUnicorn942585
@rafbie, i hope you bought into it backthen and made bank
rafbie
@RAKIM, It's just the beginning. Not selling until 60 USD.
tony1988
Do u think 0x is good long term ?
UnknownUnicorn942585
@tony1988, Absolutely
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