ZRX - When is this Thing Going to Move?!
Updated
ZRX, buddy, you're making me look bad.
We see on the chart we may have broken through previous bottom trendline dating back to march lows.
Currently we're seeing a period of price consolidation. Higher lows since the last retest of Key support.
Hesitant to call it because I've been waiting on this sucker to come back since it went down, but looks like we're nearing a potential breakout.
Keep an eye on this, if it breaks support it will be down to next support, and leaving the march trendline worries me, but the market movement in general today makes me much more confident we'll see something good here soon.
--
I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
We see on the chart we may have broken through previous bottom trendline dating back to march lows.
Currently we're seeing a period of price consolidation. Higher lows since the last retest of Key support.
Hesitant to call it because I've been waiting on this sucker to come back since it went down, but looks like we're nearing a potential breakout.
Keep an eye on this, if it breaks support it will be down to next support, and leaving the march trendline worries me, but the market movement in general today makes me much more confident we'll see something good here soon.
--
I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
Note
Should also add, we're bout 2/3rds of the way through the triangle. If we go by Edwards & Mcgee 101 that's the best spot for a breakout to occur. Later in the triangle there's a chance the psychology will change and we'll get a breakdown.Note
first TP hit. Expecting many more gains. Finally.
Come hang out with me on telegram, it's free and I won't be too mean too mean to you:
t.me/KadnimCrypto
t.me/KadnimCrypto
Related publications
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.