0x ProtocolLong
ZRX - 0x Price Idee and target
After the previous analysis which has been invalidated by BTC retracement we have a new bullish setup, let s recap the analysis:
Rsi- pretty good, arround the middle leaving space for ZRX for growing
MACD - Golden cross forming on 4H chart
3 higher highs follower by 3 higest lows confirming the bullish channel
Fibbonacci - just closed 2 candels above the 0.50 zone leaving space for the new target at 0.618 zone
Targets: 1.97 short term, probly gonna see ZRX at 2$ tomorrow 12/05
In the middle term the target for me is going to be 2.30$ then if by the end of the month we can consolidate above 2$ zone we might see a new ATH very soon
Rsi- pretty good, arround the middle leaving space for ZRX for growing
MACD - Golden cross forming on 4H chart
3 higher highs follower by 3 higest lows confirming the bullish channel
Fibbonacci - just closed 2 candels above the 0.50 zone leaving space for the new target at 0.618 zone
Targets: 1.97 short term, probly gonna see ZRX at 2$ tomorrow 12/05
In the middle term the target for me is going to be 2.30$ then if by the end of the month we can consolidate above 2$ zone we might see a new ATH very soon
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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.