Rating: Strong Sell
Trades are first posted on FibMarketWatch.com
Option Trade: Long Put
Expiration: 15 MAR 19
Trade Goal: Double
Trade Time-frame: 5 Days
Trade Target: $150
BITFINEX:ZRXUSD is poised to breakout.
Rating remains a STRONG BUY.
0x (ZRX) is a permissionless protocol that provides the infrastructure to facilitate the creation of decentralized exchanges on the Ethereum blockchain. The project employs off-chain transaction relayers and Ethereum based smart contracts to provide an open order book and decentralized...
SPY remains a STRONG SELL!
This idea is an update to the original idea called SPY-SHORT-BUY PUTS dated July, 2018. The first target of $240 has been successfully hit. The second target of the analysis is $210.
Analysis Method: Wave Theory & Fibonacci
The main potential downside catalysts that have been discussed in the previous analysis are the following: