As the market goes down, ZRX tested the 0.782 region of the fibonacci, and has been holding around this área, however I believe it is crucial for us to test 0.69$ once again! Indicators show bearish signs which can be na sign it will go to 0.69$.
ZRX has withstand all the FUD, and corrected in quite a technical way.
It is surely at a crossing point, and it could be decisive.
It has held clearly longtime to an ascending trendline drawn from the start.
It could eventually shoot up from here too, but if it fails... that should be a total wipe out.
Very interesting
Similar to Stellar.. but better
A few things happening in the world of 0x:
30 Jul 2018
0X ($ZRX) - TO BE LISTED ON COINX.PRO
www.coincalendar.info
30 Jul 2018
0X ($ZRX) - TO BE LISTED ON MAX EXCHANGE
0x V2 Deployed on Kovan, First Audit Begins
blog.0xproject.com
- 0x v2 Live on Kovan test net
- Audit 2 With Consensus Underway
- The Estimated main net launch of V2 is in September
- 0x in...
Last year when I bought ETH at $350, no one believed that it was going to $700 or even $1,000.
My thesis here is whenever there's network effect working, the value of an asset is going to increase, exponentially!!
**This is NOT investment advice, trade with your own responsibility.
Short description
At its core, 0x is an open and non-rent seeking protocol that facilitates trustless, low friction exchange of Ethereum-based assets. Developers can use 0x as a platform to build exchange applications on top of (0x.js is a Javascript library for interacting with the 0x protocol). For end users, 0x will be the infrastructure of a wide variety of...
ZRXUSD has just hit the 1.3390 Resistance level on 1D and the Channel Up (RSI = 57.637) has pulled back. This can either be an attempt to form a Higher Low (Highs/Lows = 0.0000) or a 1W bearish reversal (STOCH = 35.072, Williams = -57.526). If 1.3390 breaks, we will go long, TP = 1.5915. If 1.0134 breaks, we will go short, TP = 0.7870.
Self explanatory chart as always... No need for extensive explanation beside that it will rally when Coinbase confirms that it will be adding it, not while it considers adding it. Don't FOMO in short term if you're not ready for several month hold. Great project, but not worth investing at current stage for short hold. Invest on firm break, not before.
Enjoy this...
I'm long ZRX, and believe there may be cup and handle forming on the daily chart. Notice the decreasing volume, and converging MACD. I've outlined my targets.
With a potential bullish reversal in BTC, I feel ZRX is poised to be a big gainer in the subsequent altcoin rally. And there's that Coinbase rumor.
Happy trading!
$ZRX has been the hot potato for a while and now it is gonna explode,
red pocket is your buy area and put the stoploss around 12K ,
If it breaks 22ish area this time, expect a bull run to 35K.
Good Luck!
