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ZRX - Breaks Upper Trend Resistance

By UnknownUnicorn10818982
ZRX Price Action

  • Bullish candle breaks upper trend resistance and closes above 200MA (blue).
  • Waiting for an hourly candle to close above 120MA (green). 20MA (red) following for support/pullback.
  • Price knocking on 1.632 resistance to move up. A break above this line and candle close above 120MA (green) can confirm strong breakout to the upside.
  • Inability to break above will confirm resistance is too strong. Price action will bounce and continue down to consolidate again.
breakoutFundamental AnalysisTechnical IndicatorsmoontrendTrend Analysiszrx
UnknownUnicorn10818982

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