I see no recent analysis for 0x. So hope this helps some fellow traders, we have a nice potential move here for 0x.
We broke the pendant up + momentum/volume is up and daily RSI still has a lot of room to grow. BTC is also looking bullish, hence good risk reward.
Trade at your own risk.
From September 2019, ZRX had a good pump which however could not sustain, Double topped and failed.
With almost a 0.786 retrace from the highs made, it looks like time to enter again with a long term out look.
fundamentally an excellent coin, and shilled by Teeka Tiwari in Sept 2019, I think this can give you multiple Xs from here.
Personally taking a position...
ZRXUSDT is showing indecision at 50% retracement level, with hourly MACD divergences, forming rising wedge.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and...
If this falls out of the descending triangle, shit is not gonna look good. Watch out for potential breakdown.
Not a trading advice, just an idea.
Do your own research
