Technical analysis:
. 0X/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is...
Technical analysis:
. 0X/ETHEREUM is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of...
Technical analysis:
. 0X/ETHEREUM is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of...
Here is a fun strategy, similar to the prior one I posted, using similar indicators, but in an entirely different way with a different set of trading rules. Last time I discussed a couple of trading rules, one of which Tradingview will not support due to Pine can't query for spread ( which hopefully gets resolved soon as spread is a critical factor when entering...
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.
I believe 0x to be an excellent project with a very bright future. I'll be buying in in the buy zone in red and going long. If it drops lower at some point, I'll buy more. 30 min chart.
Just like ZRX/BTC, we are getting very close to do or die. ZRX/BTC is in a massive descending triangle. ZRX/ETH is in descending wedge/channel.
They obviously coincide overall.
We either break down or up very soon. Next two weeks or less?
ZRX has been holding up well on it's current uptrend. A series of higher highs seems like it's heading towards the .75 area again slowly. It should break it and continue.
To me, RSI and price are making a pretty impressive bull divergence. Trend has curved upward significantly in the past three weeks. Price is coming to another consolidation end point relatively soon. This is getting pretty exciting and I can't wait for the pop to happen. I do not have a price estimation at this point. Need to wait for some data to build...
Waiting for confirmation. Above 0.001 first target is at 0.00125. It is in upward movement. RSI has good direction to.
However, if price goes bellow 0.00079 I expect it to move even lower than previous low, to 0.0005.
BTC is still in a descending pattern, hasn't dropped 4000 yet. ZRX seems to be in an ascending triangle. I used lots of colors to show you the tasty treat that could be awaiting your investment. I used the 2 hour chart just so you can keep track of it quicker. It's the same pattern across the board.
