ZRX-BTC - Keeping Watchful eye

BINANCE:ZRXBTC   0x / Bitcoin
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:
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.

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden