0x / BitcoinUpdated ZRX/BTC 4 hr..Highly Volatile...
Hello everyone, to a requested look at ZRX (0x) spread to BTC. Thank Aromur for being the first to PM my open-offer TA ;-)
I have not looked at this asset nor traded it. So hopefully my analysis will be insightful and somewhat objective. I am not in this trade--hence the neutral position. However, if I like what I see, I will not hesitate to long ( I will explain).
Liquidity with this asset is roughly 57%, with the bulk of trading on Binance. My dominant TA here is that we are in a 1,2/1,2, so long term implying much higher prices. However, take note of the volume spike and the break. This implies, at least in a shorter time period, lower targets, and thus, a much better R/R there. Huge overhead resistance will almost certainly slam any attempts to run this to an impulsive 3rd target, which is so high it will not be visible unless you scroll way up. Lower targets for sellers are yet unrealized. I have set some alarms and will update this asset, as I will be no longer be posting any of my personal trades (due to security reasons).
Stay tuned for updates.
I have not looked at this asset nor traded it. So hopefully my analysis will be insightful and somewhat objective. I am not in this trade--hence the neutral position. However, if I like what I see, I will not hesitate to long ( I will explain).
Liquidity with this asset is roughly 57%, with the bulk of trading on Binance. My dominant TA here is that we are in a 1,2/1,2, so long term implying much higher prices. However, take note of the volume spike and the break. This implies, at least in a shorter time period, lower targets, and thus, a much better R/R there. Huge overhead resistance will almost certainly slam any attempts to run this to an impulsive 3rd target, which is so high it will not be visible unless you scroll way up. Lower targets for sellers are yet unrealized. I have set some alarms and will update this asset, as I will be no longer be posting any of my personal trades (due to security reasons).
Stay tuned for updates.
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12 hour for more perspectiveNote
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A reasonable place to expect some reaction. With the algos dominating this asset, would like to see this zone get some attention and hold for the short term.Note
;-) Note
If you are very bullish, expect some resistance hereNote
The more conservative approachNote
Upper alarm inboundNote
Would like to see 1405 breakNote
For meveme Note
Will update upon next alarm. If we retrace, this is where I would be watching Note
66 BTC buy order placed by someone...Note
Caution peopleNote
Did not get the move off the reload as expected...Note
Take note of the first wave impulse, and the target for the 3rd. Seems to be lacking the momentum. Note
Quick update for the those that took the reload. Entering resistance zoneNote
Upper alarmNote
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Okay everyone, need to close this chart out. Figured everyone should be profitable. Will revisit ZRX again soon. Once again, thank Aromur for the chart request ;-)Note
Good job bulls Note
Didn't long, promise ;-)Note
3 it is Note
Did you see my buy?Note
Closed out...Note
Still holding 0x until my lower median line fails... LoLNote
Update soon...Note
Tapped my lower median to the tick. Warrants a revisit.Note
Don't get excited. Jus watching. Refer to original chart please. Horizontal line ;-)Order cancelled
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Target HitNote
Trade closed manually
Second Alarm. Peace out everyone...Note
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Trade closed: target reached
New chart posted...
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