ZRX is within a giant falling wedge
This is VERY similar to the falling wedge structure on LTCBTC
These build up a lot of pressure until they explode to the upside
Such a long time within the falling wedge !
Coins that accumulate slowly without much hype such as District Ox has gained my attention. Coiling in a small triangle, 4th touch so should see it break higher now. A 5th touch and further consolidation within the triangle would not be ideal.
Need to see good volume.
Here's another HUGE opportunity. We recently got bullish confirmation with the EMA golden cross - the sky is the limit once we break out of this wedge and through the resistance marked by the dotted horizontal ray.
ZRX is on our opinion one of the best ERC-20 token. We believe that it will bring us huge profit in this bullrun, we accumulated huge bag of this coin and it is on our long-term list of course. You can stake it to earn ETH on their official platform however this staking is not profitable as other staking which we recommand.
If you want to know our golden list of...
0X looks like it has broken downward channel resistance based on this sketch of USD pairing - see circled area. Looking for resumption.
A few Days ago we hit ZRXBTC support - see last idea - this was a great entry point at 0.00002225. Target is 0.00004170 BTC.
I have never traded this ALT but the entry point was too tempting not to take and may add if this...
Last week we can see some altcoins pumping.
LTC, XRP, XLM, QTUM, BCH
these altcoins have a large capitalization, and large trading volume. In pair with bitcoin, they have great growth potential.
ZRX is one of the top projects in the industry.
The token has not been pumped yet, it is at the bottom. the order book is empty. The token has great growth potential
0x - Intraday - We look to Sell
Price continues to trade within the triangle formation.
The RSI is trending lower.
Short term MACD is moving lower. 50-hour EMA is at 0.379.
The bias is to break to the downside.
Our profit targets will be 0.343 and 0.336
Resistance: 0.380 / 0.388 / 0.396
Support: 0.370 / 0.360 / 0.340
0x - Short term - We look to Buy
Offers ample risk/reward to buy at the market.
A higher correction is expected.
We look to buy dips.
We are trading at oversold extremes.
Price action looks to be forming a bottom.
RSI looks to be forming a bottom.
Resistance: 0.3500 / 0.3650 / 0.3800
Support: 0.3400 / 0.3360 / 0.3300