ZRX continuing to trend downwards, as it finds bottom. With new lows, we draw new trend lines. Hopefully bottom will be no lower than .00005. Until then, expect it to stay in channel. If it breaks downward we could see .00003.
Falling wedge is usually a preliminary indicator that there will be a reversal coming. Keep your eyes out for a breakout.
Falling wedge is usually a preliminary indicator that there will be a reversal coming. Keep your eyes out for a breakout.
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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.