Short update for the previous post on ZRXBTC. Breakthrough of the 0.00017 - 0.0018 from the second attempt. Next - testing of the all-time high 0.0002. In case of high volumes, the breakthrough looks possible, as it seems that all the resistance was concentrated below the 0.00018 level. Support for the bullish scenario - 0.00017.
A very powerful asset with a lot of potential, the chart shows a minimal positive movement balance.
We are reaching old ATH and before that 0.0002 and 0.618 fib. This means we could see some profit taking since there is gonna be huge sell walls. 0.786 might work as a resistance aswell. True target is around 1.618fib where it matches with the newer cycles 1.0fib. Get some orders ready for that.
what the chart says. may make a marginally higher high, but still needs a correction, and a push to wave 5 expected soon
Elliot Wave Pattern completed and ABC correction started. Keep in mind, patterns help to identify only possibilities. There are no predictions in trading.
Looking at Fibonacci for an entry on ZRX and picked up a really nice bounce off the 61.8%. Looking for it to continue to push up and retest the previous high. Either forming a double top or breaking through and continuing up. Looking at taking profit at previous structure.
ZRX is a coin that continues to impress me. It has been following a beautiful trend continuing to create higher highs. I cant imagine this pattern forming again much longer but it could very well do just that. What i have been doing is taking advantage of each pullback to the 15 or 55 EMA for the last week or so and it continues to follow this pattern. Its a...
I see two major possibilities here, if the parabolic trend continues we'll see some exponential rises followed by an exponential fall. If we see a minor correction here in the next days we could see a handle forming and would have an excellent cup & handle, which would be a good point to load up the bags IMO not financial advice. If the former continues I will be...
Coin of the day is Ox. 0x is an open protocol that is designed to offer a decentralized exchange as part of the Ethereum blockchain. 0x is made using a protocol that involves Ethereum smart contacts that allow those around the world to run a decentralized exchange. 0x, at its core, is an open source decentralized exchange protocol, so any use case that involves...
Fractals are a natural pattern, not manipulation or any other thing. I believe in fractals. However, it's a theory now and I have to look at it closer. ;)
Everyone is looking at ZRX with very close eyes but zoom out and see where we are currently. As you can see we are very close in breaking ATH and it is incredible where this project may lead.
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...
No questions asked. Insider bros. Frankfurter Börse will use it
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 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...