...demonstrating very very likely the bottom has been set already!
Its just a beauty! After an insane wave 1, we have now finsihed an insanely deep wave 2 retracing over 95% leaving hodlers totally smashed and bottom sellers sell their bags.
While the count is pretty obvious, the typical sweeping of lows below the triangle before going for a massive rally has...
Hello Traders,
Today I wanted to post a chart with some solid support and resisitance lines for your trades over the next few months. Especially if you are DCA'ing into this coin these lines can be used to make buys and sells along the way. IMO the bull run will be confirmed when the white trend line is broken up by the price action. In the mean time you can...
Hello Traders!
ZRX is moving in a downtrend gradually completing the decline phase. The price is fixed below the resistance level of $0.310
Selling culmination will be the price exit into the range of $0.153 - $0.200. Medium-term purchases can be considered closer to the support level of $0.153.
The targets of such purchases will be the levels of $0.31 and...
One of the few projects with a real product (Matcha.xyz)
However, the coin serves no purpose as you can use their exchange without ever needing the coin.
DeFi index is also going down, so this will trend down as well.
No reason to stake ZRX either since the yields are terrible in comparison to others.
The following content is machine translation:
In the 4-hour chart, it stopped falling and rebounded at the low level of 0.22. It was blocked near 0.32 and stepped back to the vicinity of 0.22 again. Pay attention to the resistance near 0.35, effectively break through, and look at the resistance near 0.44.
In this rebound, the indicator macd speed line has been...
In my humble opinion, although the market seems quite dizzy these days, the winter has finished for all crypto industry. Indicators have been increasing, the chart looks legit.
On the left the Monthly chart is shown, the bullish nature is evident just by looking at the Channel, the green circle shows how support was found along the middle band of the indicator
This support is currently being retested
On the right is the ZRX/ETH chart, which shows ZRX emerging in a bullish state after a long period of bearish movement, this bullish state...
ZRX is very close to a weekly breakout of a 4-yr base as they just raised a Series B from notable VCs and partnered with Coinbase for their NFT marketplace. When Gamestop announced that LRC would be their partner for NFTs, the coin shot up 6-7x. Given the small cap of ZRX at $765mm and technical setup here, think this has the potential to do the same
Technical Analysis
ZRX/USD has completed a 5 Elliot wave structure followed by a A-B-C correction structure. This entire play completes Wave 1 and Wave 2 respectively in the broader structure of ZRX/USD.
ZRX/USD has now started Wave 3 of the broader structure and poses a good risk reward in the long term.
Fundamental Analysis
Earlier this year before its...
