ZRX going for continuation up...?
Updated
ZRX could keep up its recent rally. We saw some corrections in Altcoin the last day.
Depending on what Altcoin will do in correlation to BTC remains to be seen. Nevertheless, there are positive signals enough to look for a position. All the boxes on the chart are possible entry points. With the obvious one at the bottom of the channel highlighted. This is looking at a 4hr timeframe.
The daily is showing room for further growth. Apart from the phoenix that tells us a deeper correction is possible. Looking at the chart now that can be a classical ABC correction forming up end at the bottom of the channel or a second trendline that is on the chart. That trendline is currently not shown.
At the moment we are facing 20MA resistance. Goodluck
Depending on what Altcoin will do in correlation to BTC remains to be seen. Nevertheless, there are positive signals enough to look for a position. All the boxes on the chart are possible entry points. With the obvious one at the bottom of the channel highlighted. This is looking at a 4hr timeframe.
The daily is showing room for further growth. Apart from the phoenix that tells us a deeper correction is possible. Looking at the chart now that can be a classical ABC correction forming up end at the bottom of the channel or a second trendline that is on the chart. That trendline is currently not shown.
At the moment we are facing 20MA resistance. Goodluck
Trade active
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Touch first minor targetNote
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top of channel watch for price actionNote
We just fell short of our TP2, for now i am holding on and watching for price action on BTC and alt market.Note
going for a re-test of target 2 it seemsNote
All targets achieved! well done
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