0x / Bitcoin
Long
Updated

0x (ZRX) vs BTC

229
0x is poised to make a 100% move to the 600-day MA. Always nice to take a position as we enter the Gaussian Channel from under, especially as price action has retraced to the 78.6 Fibonacci level following a spike to the upside confirm trend reversal. Possibly the most bullish chart I've seen in a while.


3-day - evident higher lows on the Stochastic RSI as double bottom on price action forms
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Higher lows on the weekly chart, watch closely the RSI on entering the bullish divide. If it does not happen before March 10th the support is invalid.
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Trade active
Nice pullback to RSI support, previous resistance, & golden ratio.

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Once again we have higher lows on both RSI + price action with rising RSI stochastic above 20. Additionally there is an engulfing bullish candle formation from yesterday's price action to the 21-day moving average.

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Kaboom!

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