$ZRX Huge Upside Potential Gain

May 28, 2020

• Looking at ZRX (0x) on the daily timeframe
  
  
• Again just like almost all the other altcoins i'm currently trading, ZRX has been in accumulation for about a yaer and the longer the accumulation period, he higher the price will slingshot up
  
  
• Accumulation zone is between 3100-3500 both marked out well respected weekly support levels
  
  
• The price spiked up randomly to our 1st disyribution target at 5400 sats to a T and now back down into the accumulation zone
  
  
• Great entry along 3550 weekly level, this is a newly found support level after touching our 1st distribution target
  
  
• I have tight stops at 3550 around 2-3% drawdown, as opposed to a 11-12% drawdown because price still has the possibility of retouching 3100 sats before it goes back up
  
  
• 1st sell target at 5400
  
  
• 2nd sell target at 7915
  
  
• Please be patient with this coin, again this is on a daily chart and this coin just broke out of a 1-year accumulation period so it's going to take a little bit of time for the trend to reverse. Keep a close eye on this coin if you aren't already
  
  
• 0x is an open protocol for decentralized digital asset exchanges that runs on the Ethereum blockchain as an ERC-20 token
  
  
• 0x protocol essentially is a standard messaging format and suite of smart contracts based on which the transacting entities can exchange digital assets or tokens