Who is ready for another altcoin ready to start popping off?
Today we will be discussing ZRX because this is one that's painting a perfect market cycle.
There are a couple key factors I look for when accumulating a market cycle.. I want to see new money entering the market indicated by volume, along with a breakout of the previous down trending...
Alt Market Evisceration incoming...
Next on the kill list is ZRX.
If I am wrong. Oh well.. I shall try again. :)
Failure is part of success.
Target Buy is $0.065
or -87% of its current value.
Yep. You heard right.
It is beeing a while since 0x started the long consolidation. After a breake out to the up and a confirmation we could have a target at 44 cent and the secont at 50 cent- After 44cent I will scale my rebuy down till fib level 0,78 and scale my sell if we pass the 44 cent till 50 cent.
0x wallet if you think that was useful and made a nic trade donat...
hidden bullish divs on macd and rsi
volume is not that good on the bounce tho, but if price keeps rising, could mean volume coming in slowly.
green trendline held support at .27
next support at .26
could be corrective move of market wide bear move towards market bottom (long-term swing).
fib retracement to indicate bounce/reversal areas; on...
After forming a double bottom on the weekly timeframe, ZRX looks primed for the next leg higher.
Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region.
From there we can see a continuation...
ZRX has been performing quite well but is reaching resistance.
Red 3.618 fib is from the wave structure of drop to the bottom.
Blue 4.236 fib is from the last bounce structure nearing a top.
The Fib confluence happens to be around the .35 round figure.
I will be pleasantly surprised (being a bull) if it breaks through.
What happens here will provide clues for...
The BB upper band has crossed the bull candle at the tip of the bullish trend showing a signal of a bear trend. The Stochastic oscillator is above the middle level heading towards the overbought level (currently oscillating around 79) also signaling a strongly bearish. This offers an excellent selling opportunity for ZRX investors. The price targets the resistance...