ZRX in Accumulation Zone

23 Mac 2019

This is a multi-month trading set-up.

- Potential accumulation pattern on chart
- 0x team will supposedly start a discussion around adding / testing more utility cases for ZRX token.
- v3.0 release in ~September 2019

4 Apr 2019

Nota

Testing support at 7k sats.

11 Apr 2019

Nota

ZRX becoming a staking token.

blog.0xproject.com/0x-roadmap-2019-part-4-proposal-for-stake-based-liquidity-incentive-52c16558df29

23 Apr 2019

Nota

Mistakes with this trade:

- I jumped into this trade too soon, around 6.5k sats.
- Assuming ZRX's success is highly dependent on the success of ETH; It makes more sense to wait for ETH to claim its ground against BTC, before longing ZRX. From this perspective, trading some highly ETH dependent tokens (like ZRX) only against ETH (not against BTC) might make more sense.
- I am still in the phase of transitioning into "trader" mindset from an "investor" mindset. I did not set stops, due to my investor mindset.

What to do next?
- I'll watch 0.0017 ETH support closely and decide depending on the PA.
- Keep learning.

27 Apr 2019

Nota

So this is where I should have entered this trade, I guess.