This absolutely great. We tried to break the skinny pink line. We did a pickable big boom and then we came back down it's just a yeah. This is looking like a proper shooting star as a shooting star, I'm, not so sure, if it's, just only on BitFenix or let's, just check 0x BTC finance, oh there's, no shooting star for 0x against vtc on Finance, so we could very well break out from here. I don't know we're gon na be breaking out not on the stochastic. We are really moving into the overbought territory and on the RSI effuse to me like we could be curving back down. If you look at the Magdi, are we stuck? Are we starting to tick back down? I don't know you know it feels to me like there's, the the tick is actually shorter than a previous tick. Are we gon na get another tick down? Are we I don't know maybe yeah? Okay, this, the tick will probably get shorter and shorter and shorter, and eventually we go back to under the midline, so be very, very careful about going into a trade for 0x. Of course you can go into 0x now, but if things start to go back down yeah I could have gotten it at a lower levels, but yeah this move of 0 X, 2 what's, the skinny pink lining. It is actually a very good development to see, but I don't know whether, if it is going to last or not which 0x please let's just go back to BitFenix yeah, so for 0x against BTC on beefing eggs yeah.
It feels to me, like I don't know, man I'm, just gon na remove this target here, you'll be best. I know it might not be ideal for people who are pretty cotton. You know at the higher levels, but you would be best actually if we were to go back down and then we do not take out the low here you go back down and then we start curving back up then this would be great. Absolutely great, though there would be the best case, absolute best case scenario for 0x. A lot of the other coins have ready reason, but 0x has yet to make a move. So if you didn't get into any of the coins that have really mooned 0x could be your second chance, but but you need to get the timing right. Absolutely you need to get the timing right. So yeah be very, very careful about going into trade too soon you can make some purchases here. If you want to, you, can make just a little bit put in a little bit. You don't have to put in lots just in case if things go up. At least you know you don't miss out on a move towards the upside. You have a sell ism, some skin in 0x. So yeah, however, it'd be great. If we, you know, go down a little bit more it'd be great. If we could complete a five wave chopped patent what's the downside, 1, 2, 3.
4. 5. Then we get in here a number 5 all right, okay, and after that things go crazy. This will probably be an a b c d e. Oh man. We go crazy, yeah so from the current price levels. To the all time way, I think let's just take out. I mean let's, just check it out on Music court market cap. Yesterday we get a much more accurate information rather than relying on just one X SEL. It would be six hundred percent move if you've written back to 2d all time high, but it is per hour time. I told you, no, I don't know what's happening. So let me just pain you to different scenarios so, for I think I could of what I think could happen scenario number one. Okay is that we form some sort of a squeeze over here right like what I was saying just now, you'd be great. If 0x comes back down all right and after that with the snipping client following down and I'm, actually we break it, and then we form a continuation pattern in the in the shape of a wave II and then with it blasts off and then a snipping. I starts curving up, we did us, we do a small consolidation palm. We blast off for a second time and a significant client continues to us, the upside yeah. This would be a scenario number one scenario number two, yes, that we form some sort of a some sort of a sending triangle over here, which means that you know this could go up to become valley number two.
This is fairly one Valley all right, and then we form a fairly number three yeah. This would be. The ascending triangle scenario is either five wave squeeze structure towards the bottom scenario or a ascending triangle towards the top scenario. But the point is that we are ready. Closing in on a skinny pink line, so things are about to look good. In my opinion, for zero against PTC, we have been on a proper bear for the better part of how many days has it been 466, this yeah hum 466 days. This is proper Bay. Look at the whitespace just look at the white space here between the price, huge, huge white space yeah and then the white space is getting smaller and smaller. All right, so bear season could be ending soon. It could be, but yeah. I can't guarantee you that it's really ended, because you know yet to break up above the see any pink line, correct down to still above the skinny pink line and continue to watch the upside. This would be a proper confirmation that things are already turning blue for 0x against Bitcoin, but it is for our time yeah we're, still not gon na, be doing anything. It we're going to be remaining patient and we'll be waiting for Emir, but the early, the boss of the regs, to give us something more tangible yeah. We would like to have more information first before we commit to any trade all right now, let's move on to 0x against us deeper before I please give this video a like.
If you enjoyed it subscribe to this channel – and let me know what you think but 0x in the comments below so for 0x against USD – you know we already forming – I already see it so many let's just take a look at 0x on against USD on quite Market cap so 4x against USD. You know we have much more data over here, although it's. The same thing is this opinion as the same thing suppose your X against USD infused to me like we are actually forming bellies. It is barely one valley to your big valley, tree valley, for we could get very number five. Maybe enemy could be blasting off, but uh yeah. Do you know notice and tick? Tick, tick! No yeah yeah be aware! Then we already overbought here so doesn't mean we can't go any higher it's just that uh you are over BOTS and usually when things are all what you start to come back down unless a sudden move comes in to push the price higher, but uh yeah. I see, I think that um four zero acts against BTC you'll be of much. You know, you see things much more clear of us, your ex against BTC and you keep you more grounded then compared to is your ex against us t plus 0x against USD. You know this is look like a high quality head and shoulders. You know the the the right shoulder is almost the same size as a hit so yeah and then the left shoulder is so damn long, but the right shoulder is really longer.
I mean it's in taller sorry taller than the size of the left shoulder so yeah it's. Not really I don't know I don't know I really don't know. I wish I could tell you, but I told you no, but things are robot so be very, very careful. The best time to be making any entries what 0x is when things were over salt? Alright, when things were over salt over here, this was the best time to make an entry. The next best time was actually here when things were over so over here yeah. When things were over salt, so you make entries for a particular coin. When they are oversold, you don't make entries when they are over BOTS right. You don't make entries at this point. We don't care if it rises up. We do not make entries at this point because if you make an entry at this point, if anything starts collapsing, then you will yeah. Like I shouldn't have you know, I should have listened to skinny yeah I shouldn't have but but but you never know, you know because still blast off from here, but yeah you're gon na be playing safe, we're, not gon na be risking we're, not gon na, be Taking unnecessary risks, because you will not appreciate what you have until it's gone all right. I guess this is for my 0x technical analysis. Thank you very much for watching. I hope you enjoyed it.