Looks like it has some serious support around the 1000-1010 mark. Unless BTC swings down I believe this will bounce and break out. Try to buy as close to support. Great win/loss ratio Keep stacking
ZRXBTC 1H ASIA UPDATE - 26/04/2018 The sequence from 12,452 high ended at 10,629 in the form of a motive 5 waves calling for another low (FLAT option always remain on the table) and bounce happened as a FLAT to 11,982 where started the second leg of the cycle from the highs. Equal leg area projects 10,159-9,729, with possible extension at 9,032, where buyers...
ZRXBTC 4H UPDATE - 26/04/2018 The cycle from 4,922 low is called ended at 12,452 as a motive 5 waves , therefore calling for another motive 5 waves to the upside once correction is completed. So, for now, as long as below 12,452 , I expect a pullback in the form of a corrective 3 waves where buyers will appear. Level of interest while waiting for more data to...
Technical analysis: 0X/DOLLAR is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 36. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested support zone (0.435 to...
0X/DOLLAR New trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes...
0X/DOLLAR New trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes...
ZRXBTC 1H EUROPE UPDATE - 25/04/2018 I just love it when it happens. You change the count and next thing you know you are back at the previous count! And that is okay, nobody should be on the wrong side right now (I sold my longs at 10,920 on the way up few days ago). From current levels, if new low in 15min with RSI divergence, we have a motive 5 waves from the...
ZRXBTC 4H UPDATE - 25/04/2018 9,715 held and 11,800 has been taken which opened the door for 12,992-13,484 with possible extension to 14,281 and bulls will have a line of bears at 13,598 as psychological price (I don't use them in my trading, but should not be ignored, especially when it is at equal leg area ;-)). So, at the moment, cycle from 4,922 is mature...
ZRXBTC 1H ASIA UPDATE Cycle from 9,715 low is still alive and while above 10,920 we should see 12,732-13,163, possibly 13,860. Break below 10,920 would end the cycle from 9,715 and put pressure in 9,715 (which is soft support and should not be used as stop). So if this happens, we might still be in purple 4 with a FLAT from 18/04/2018 high. To be noted that we...
0x destroyed the cloud twist, followed exactly with an Tenkan bullish cross. Slight support of the cloud hitting off it once. A few more days that close above the cloud which it hasn't done for two months could be a turning point for ZRX/
ZRXBTC 1H EUROPE UPDATE ZRXBTC traded higher during Asia session taking out the high as of my last update. In 15min we reached equal leg and there is a reaction. I need to need a break below 10,907 in coming bars to have the count alive. I would not recommend to sell here but to get ready for longs lower, even though I am not a big fan of buying FLAT, also...
The cycle from 19,234 high has been called ended at 4,922 low. The sequence to the upside suggests end of the cycle at 18/04/2018 high. And while we have a marginal new high with RSI divergence, I cannot see the move from the low as a motive wave (even leading diagonal) so I have to go with the FLAT until I'm proven wrong (I really do not like to do that but dip...
I might be totally wrong here and I would not trade the chart here, but as said earlier, I cannot see 5 waves from the top, so need to call a FLAT from 21/04/2018. Either it is purple 4 or blue 2, I expect a 5 waves down from current levels (depth will resolve purple 4 or blue 2). This means that it will be difficult to buy lower as FLAT can extend as much as they...
A cycle ended at 19,234 high on 27/01/2018 and since then we have seen a double correction ending exactly at equal leg area 4,765 where it bounced. So far, the outlook in daily is neutral but we have a motive 5 waves from 1,356 low which indicated that we will see another one. Assumption is 1,356 low was starting a new cycle. I was long from 20/03/2018 in lower...
Possibly in a rising channel; looks like it just completed a wave 2 with a monster 3 wave taking it up to $6 or so. Lots of worries recently about regulations on centralized exchanges. 0x will be a huge winner if there are. Additionally, with their Ethermint implementations using Cosmos they are setting themselves up to be a 'must-hold' going into 2018-2019 here. ...
Reasons to buy using a STOP-LIMIT order: 1. Valid break-out pattern with a clear consolidation zone 2. Long period of accumulation within pattern 3. High return on investment (76%) with massive 4.25:1 risk/reward 4. Buy low / sell high Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
0x Coin found the bottom at $0.35 after which price broke the first downtrend trendline and then 50 Moving Average. However, currently ZRX/USD facing strong resistance, represented by the upper trendline of the descending channel as well as the major downtrend trendline. It seems that it's only a matter of time before 0x breaks above, although it is better to...