0x (ZRXBTC) had a strong bounce and is reaching the end of its latest retrace.
We can clearly see a higher low (yellow circles) followed by a strong bounce to move above EMA200 and EMA300.
So we had a fake breakdown, low volume drop below resistance followed by a quick recovery, and now the indicators and signals are there for additional growth.
Conditions for change 0x (ZRXBTC) is now bullish but the charts are always changing... If the price moves and closes "support", the above signals become invalid and ZRXBTC can go lower.
Any questions?
Feel free to leave a comment.
Our last chart for 0x generated over 125% of profits... Let's take a look at the long-term chart from August 2019:
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.