0x ProtocolPanjang
0x Looks Very Good for a Long Position
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Ox (ZRX) looks really good for a long entry
- It has recently broken to new all time highs and is in price discovery
- It held up MUCH better than most other coins through yesterdays crypto crash
- It's in a bullish flag pattern... consolidating recent gains in a range under $2
- Not much attention on this yet
- Making huge moves when it moves, so could really go up (or down--only invest what you can lose)
- Small market cap 11B
Another way to play this is to buy on a breakout to new highs when the crypto proves it's headed up. But it moves so much when it moves I suspect trying to buy a breakout will end up buying much higher by the time it executes... so I'm already long here.
This is not investment advice, I'm not an investment adviser. This is just what I'm doing, buying little cryptos like a nut.
- It has recently broken to new all time highs and is in price discovery
- It held up MUCH better than most other coins through yesterdays crypto crash
- It's in a bullish flag pattern... consolidating recent gains in a range under $2
- Not much attention on this yet
- Making huge moves when it moves, so could really go up (or down--only invest what you can lose)
- Small market cap 11B
Another way to play this is to buy on a breakout to new highs when the crypto proves it's headed up. But it moves so much when it moves I suspect trying to buy a breakout will end up buying much higher by the time it executes... so I'm already long here.
This is not investment advice, I'm not an investment adviser. This is just what I'm doing, buying little cryptos like a nut.
Nota
Recovered back to $1.50, hopefully getting set to break higher soon. The latest Crypto pullback might be done, but really that was a light pullback. The pullbacks on the last crypto bull market regularly had the big cryptos down around -40% and altcoins really hammered. If you can't handle that sort of volatility, you don't be in crypto.Nota
Ethereum (ETH) is running well today. And yes you want to be in ethereum before all the smaller more risky coins like ZRX. But ethereum moving will also likely be good for all the ethereum-based altcoins. I'm hoping for a great week all around.Nota
Still holding 0x here and waiting. It looks to be in a holding pattern waiting for a continuation of momentum. It's way down at #77 in the crypto rankings at $1.1 Billion market cap and could easily run up the rankings and triple its market cap or more.Nota
Breaking new highs here. Now at #66 in the rankings and $1.8 billion market cap. Still plenty of room to run.
Penafian
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