ZRXETH is one of the most volatile trading pairs in the entire crypto market. If you can capture the swings with the right timing, it can be very profitable. If your timing or levels are wrong, it can send you to the grave. Recently, ZRXETH has dropped -85% in less than a third of the time that it took to drop the same degree in the 2018 bear market. I am...
Year old trend line which has held 3 times and seemingly it's 4th at the current moment. Last 3 pumps have been quite steep, a quick 2x. If history repeats itself it may at any moment over the next few weeks. Looking at strong trendline, and patterns in the moving averages it seems very likely. Looking at the geometry would be the caveat, a pump here would...
After getting slaughtered over the past couple of weeks, ZRXETH is back to the trendline to create a lower high. Yes, this lower high is not confirmed yet. Yes, the lower high could technically end up a tiny bit lower than where it is right now, but I'm calling it here. Long target is 0.0028. Due to the recent price structure, there is a very wide uncertainty...
*Swing trade opportunity*
0x (ZRX) breaks RSI resistance against Etheruem, time to go long and increase your Ether bags. Higher lows are also evident on the weekly chart, with a perfect bounce off the 0.786 Fibonacci golden ratio,
weekly:
Third of my ZRXETH series posts that has been playing out since July of 2019. ZRXETH has been correcting for several months after a huge pump in the fall, but I expect the correction to end soon. This post is slightly more premature than I prefer, but as a long-term swing trade opportunity, the trading window is pretty large. Technically, there could be some...
You should put some attention on ZRX.
The direction is still not decided.
A close above 0.0016 ETH will open to a big green wave.
The area around the 4d 50MA was supportive for whole 2018.
The area around the 4d 100MA was resistive for the whole 2019.
We are now in 2020 and price is compressing between the two MA.
Close above 100MA = target 0.0030
Close...
Heavy resistance, historically overbought, and bearish divergence. Long term looks pretty good, but it's time for a correction as people shift their gains into other coins.
