Quick heads up that 0x is about to hit some significant resistance zones.
ZRX took the last dump hard, but bounced vigorously from expected support.
Now approaching the first wiffs of resistance, with stronger turbulence above.
.3041xx is immediate resistance that might pull it back.
.30100 is front run with fibs just before, will be tough.
.333xx is the ultimate target if bulls remain strong.
This is an update to my last Plot looking for a breakout:
That breakout DID happen, then Bitcoin swooned and crashed the party.
I think ZRX is going to mount another attack on the resistances above.
The pinpoint bounce and subsequent piercing of fibs shows strength.
Previously, we caught the bounce from 26 cents perfectly:
ZRX took the last dump hard, but bounced vigorously from expected support.
Now approaching the first wiffs of resistance, with stronger turbulence above.
.3041xx is immediate resistance that might pull it back.
.30100 is front run with fibs just before, will be tough.
.333xx is the ultimate target if bulls remain strong.
This is an update to my last Plot looking for a breakout:
That breakout DID happen, then Bitcoin swooned and crashed the party.
I think ZRX is going to mount another attack on the resistances above.
The pinpoint bounce and subsequent piercing of fibs shows strength.
Previously, we caught the bounce from 26 cents perfectly:
Note
As expected, we got a pullback from the strong resistance Zoomed in and new fib of bounce shows quite Bullish activity
Lets see if we continue here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.