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CRYPTO 0X PROTOCOL - ZRX/USDT
CRYPTO 0X PROTOCOL - ZRX/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ZRXUSDT
ISIN:

CRYPTO 0X PROTOCOL - ZRX/USDT - 1H - Technical analysis published on 03/01/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.288767 USDT
My targets
0.320567 USDT (+4.39%)
0.344300 USDT (+12.11%)
My analysis
A bullish trend on CRYPTO 0X - ZRX/USDT both in substance and in the short term. A purchase could be considered as long as the price remains above 0.288767 USDT. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.320567 USDT. Then the price could move towards 0.344300 USDT. Then 0.388200 USDT by extension. Be careful, a return below 0.288767 USDT would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

MOHAMMED ALAMERI
This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CRYPTO 0X - ZRX/USDT price is 0.307100 USDT. On the day, this instrument gained +19.59% and was between 0.261100 USDT and 0.307300 USDT. This implies that the price is at +17.62% from its lowest and at -0.07% from its highest.

0.261100
0.307300
0.307100

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of CRYPTO 0X - ZRX/USDT indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

White line without lower shadow

Type : Bullish

Timeframe : 1 hour


Upside gap

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.272229 0.278450 0.283300 0.307100 0.320567 0.344300 0.388200
Change (%) -11.35% -9.33% -7.75% - +4.39% +12.11% +26.41%
Change -0.034871 -0.028650 -0.023800 - +0.013467 +0.037200 +0.081100
Level Minor Minor Intermediate - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2472000.2587000.2645000.2760000.2818000.2933000.299100
Camarilla0.2655430.2671280.2687140.2703000.2718860.2734720.275058
Woodie0.2443500.2572750.2616500.2745750.2789500.2918750.296250
Fibonacci0.2587000.2653090.2693910.2760000.2826090.2866910.293300


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2123670.2308330.2505670.2690330.2887670.3072330.326967
Camarilla0.2597950.2632970.2667980.2703000.2738020.2773030.280805
Woodie0.2130000.2311500.2512000.2693500.2894000.3075500.327600
Fibonacci0.2308330.2454260.2544410.2690330.2836260.2926410.307233


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1252000.1667000.2185000.2600000.3118000.3533000.405100
Camarilla0.2446430.2531950.2617480.2703000.2788530.2874050.295958
Woodie0.1303500.1692750.2236500.2625750.3169500.3558750.410250
Fibonacci0.1667000.2023410.2243590.2600000.2956410.3176590.353300

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.41
MACD (12,26,9): -0.0021
Directional Movement: 20.082182
AROON (14): 42.857143
DEMA (21): 0.270137
Parabolic SAR (0,02-0,02-0,2): 0.261100
Elder Ray (13): 0.005061
Super Trend (3,10): 0.259129
Zig ZAG (10): 0.283300
VORTEX (21): 0.8912
Stochastique (14,3,5): 38.98
TEMA (21): 0.267761
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.010900
Repulse (5,40,3): 12.0429
ROCnROLL: 1
TRIX (15,9): -0.0844
Courbe Coppock: 8.72
MA7: 0.271114
MA20: 0.252410
MA50: 0.228272
MA100: 0.202759
MAexp7: 0.271525
MAexp20: 0.271737
MAexp50: 0.272209
MAexp100: 0.269447
Price / MA7: +13.27%
Price / MA20: +21.67%
Price / MA50: +34.53%
Price / MA100: +51.46%
Price / MAexp7: +13.10%
Price / MAexp20: +13.01%
Price / MAexp50: +12.82%
Price / MAexp100: +13.97%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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