Quick Bounce - ( practice TA )
Updated
ZRX has been in a major downward channel.
With the lower supports already tested, we've seen a press up past the next resistance, which are acting as a support right now. I suspect, if it holds, we will see a bounce to 9800 sats.
Two major conditions play into the second, and possibly even third, leg up:
1. Volume
2. BTC.
First leg looks good, but the second is doubtful unless the conditions above are met.
With the lower supports already tested, we've seen a press up past the next resistance, which are acting as a support right now. I suspect, if it holds, we will see a bounce to 9800 sats.
Two major conditions play into the second, and possibly even third, leg up:
1. Volume
2. BTC.
First leg looks good, but the second is doubtful unless the conditions above are met.
Trade active
Target 1 reached.Almost completed target #2.
Trade closed: target reached
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