ZRXBTC 1H ASIA UPDATE - 27/04/2018 FLAT from 23/04/2018 high to 10,507 or bear trap here. I never try to anticipate FLAT but I always have it on my mind. And this is why EW Theory is so great because within the rules, you can do so much with the count and always one that works and that respect the spirit of the theory (try to force 5 waves left and right is not...
ZRXBTC 4H UPDATE - 27/04/2018 Yesterday, we had a bear trap with a FLAT from 23/04/2018 high and therefore the blue 1 called ended prematurely as we are still in red 3 cycle. From there, we should be seeing 14,293-15,373 but cycle is mature and can end at any time. So I don't like to buy at those levels and I won't sell here or higher either. I'd rather wait to...
ZRXBTC 4H UPDATE - 28/04/2018 I would not recommend to sell here as marginal new high cannot be ruled out but cycle is mature and pull back should be seen soon. Don't try to fade. Invalidation level to the downside is 19,234 and we are in a motive 5 waves from the lows. I'll prefer to wait for confirmation of blue 1 completed and then buy the correction in a...
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...
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...
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...
Good Morning, Traders! ZRX has recently been trading in the bullish direction since mid March continuously testing the resistance line of 4/1 Gann fan line and a trend line beneath it. If the price is able to break the Gann fan line, it is predicted to be a large breakout for the bulls. According to the ichimoku cloud the price is indicated to be bearish for a...
Hello, we are close to exist the trending triangle, and this might be in the positive way !!! some resistance could be expected around 0.000106 BTC wait and see ! I'm just a bignner in TA, do not take this as a buy or sell advice !
I absolutely love this coin. Made 400% ROI last year. Also based off what I am hearing, some major players are investing in this coin There is a talk that Coinbase MIGHT be adding this coin since they are supportin ERC-20 tokens This is a long term coin, so be patience and accumulate while it is still fairly cheap Always $DYOR
0X/BITCOIN Technical analysis: 0x/Bitcoin is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 54. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested support zone...
We have reverse triangle pattern and growing phase with growing uptrend chanel
This is a consensus 5/7 pick with the 2 others WAITING. Stops and Take Profits as well as Buyins on the chart.
Relative strength index is a great indicator that allows us to see whether a stock is becoming over bought or over sold. RSI has a range from 0 to 100 and uses momentum to compare significant gains and losses of a stock. A pair will become overbought when RSI is above 70 and over sold when the RSI is below 20. Typically you don't want to buy into a stock that...