I bought all I could in the ZRX ICO and it has provided great returns. It is in my HODL portfolio as they are building the 0x protocol which they hope will act as a critical piece of infrastructure for the token economy, allowing Ethereum smart contracts to programmatically and seamlessly exchange Ethereum-based assets. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer. - Coin Gecko.
I think coins which are building foundational layers of the token economy will do well in 2018 as we are still in early days of this economy.
I am setting this idea up to keep track of it's TA. I will be looking to swing trade this coin trying to take advantage of future volatility.
Current analysis:
- We have some strong previous buy and sell signals which we can look out for for future. History repeats itself since the market is made up of human decisions.
- Currently the bulls are getting tired and we will likely see a period of consolidation and/or drop. Good time to sell a little holdings.
- We have seen a 300% gain in 2018 and price is above the KJ & EMA 50. RSI is oversold
- I expect RSI to return back to 50 level and if it bounces this will be a signal that bulls are still in play. Also look for a price bounce off the KJ / cloud and/or EMA 50 as further confluence of buys.
Other Resources:
www.coingecko.com/en/coins/0x
onchainfx.com/asset/0x
I think coins which are building foundational layers of the token economy will do well in 2018 as we are still in early days of this economy.
I am setting this idea up to keep track of it's TA. I will be looking to swing trade this coin trying to take advantage of future volatility.
Current analysis:
- We have some strong previous buy and sell signals which we can look out for for future. History repeats itself since the market is made up of human decisions.
- Currently the bulls are getting tired and we will likely see a period of consolidation and/or drop. Good time to sell a little holdings.
- We have seen a 300% gain in 2018 and price is above the KJ & EMA 50. RSI is oversold
- I expect RSI to return back to 50 level and if it bounces this will be a signal that bulls are still in play. Also look for a price bounce off the KJ / cloud and/or EMA 50 as further confluence of buys.
Other Resources:
www.coingecko.com/en/coins/0x
onchainfx.com/asset/0x
Trade ist aktiv:
ZRX had an expected cooling off but showed strength bouncing from the EMA 50. Still trending above the Kumo. No signs that it has reached it's top. Hold.
