ZRX with impulse core (blue zone) and redux (red retracement). Two interesting fibonacci setups.
White circles indicate pings where price has a strong reaction to the fibonacci levels.
Impulse core from 2017
Crypto ZRXUSD. Zero X has just formed a cup and saucer pattern. The handle looks like a sign of strength. STO has bottomed out. So keep a tight stop but some sensational potential upside.
Volume. Large green candles on buying volume.
RSI confirms new high and is holding above the 50 level.
STO is 22 - Bottomed out and ready for a bounce.
Current price is...
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/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.
Earlier this year before its...
The following are machine translations:
In the 4-hour chart, the front line rose and then fell.
It stopped falling and rebounded near 0.735.
After the rebound, it stepped back to the vicinity of 0.735 and rebounded.
The MACD indicator and the OVB indicator diverged from the bottom.
At present, a double bottom is formed, and the 0.735 support is confirmed.
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
#ZRX Pump off the Coinbase and OX NFT news.
Multiple trade confirmations = Falling Wedge, LL on PA & RSI making HL & Triple Bottom.
Head & Shoulders invalidated by a Inverse Head & Shoulders, RSI Hidden Bullish Divergence.
Held Support 3 TIMES.
Funny how people trade off the news, the news is timed to the multiple trade confirmations :)
This chart is based off of The Elliott Wave Theory, Fibonacci, EMA’s, MacD, RSI, and Momentum. ZRX has just bottomed at Wave 2 and Wave 3 is just starting. We are currently crossing the weekly 10 EMA with strong momentum. RSI also looks good but the MacD is lagging a bit. I expect a big pump once the MacD turns to the upside. I couldn’t fit wave 3 on the chart...
After Ox joined with Coinbase, the world's second-largest cryptocurrency company, the price of ZRX skyrocketed. Coinbase's non-fungible token (NFT) marketplace now includes Ox as its blockchain supplier. As a result, its coin price is rising as investors believe that this is a validation of the network.
Bullish Scenario: Before the Coinbase alliance, the ZRX...
I expect the 0.618 retracement to hold in the immediate term.
While the Coinbase partnership is exceedingly good for 0x long-term, in the short term the market is still bearish NFTs and tech stocks. I'm expecting a reflexive rally to move back to the $1.06 - $1.17 range.
The ZRX continues to grow. The next waves depend on where we are. For the next increases, you need to stay in the + $ 0.94 zone. Another site of strong resistance is fibbo zones 061 and 078.
Further updates when these levels are reached or the trend changes.
0x (ZRXUSD) made an impressive price jump yesterday after making contact and rebounding on the 1D MA50 (blue trend-line). This chart is on the 1D time-frame but the RSI below is on the 1W while also the 1W MA50 (red trend-line) is displayed.
As show, the Bear Cycle since the April 10 2021 High has been dictated by a Lower Highs trend-line. Right now the price is...
We've come a long long corrective way, finally bottomed out and started an early wave 1 of 3 leading to around 3$.
But watch out, we're about to finish a subwave 2 0.50$ to 0.66$ before going incredibly strong.
Dont chase best price. You dont wanna miss this train
Hold my beer pls
No financial advice, do your own research, don't be stupid