ZRX/BTC (Pullback to Previous Resistance?)ZRX/BTC
-The Bear flag has been confirmed after the break of local support at 6000 sat
-The potential downside target is somewhere around 5064-4696 sat range
-This is a good rebuy zone or potential strong support area
-It is a previous resistance region plus the 0.618 golden Fib
-Watch this level carefully for any Bullish rejections
-Look for any signs of reversals before entering a Buy position
Zrxbinance
ZRX/BTC
ZRX responding bullishly upon closing yesterday's candle above our 0.382 fib , currently trying to break out of this falling wedge; a daily close above 2900 sats would confirm this breakout, likely leading to further upside for the coming days. As shown in the TA, acting support remains at 2700 sats while strong/trend-determining support is at our 200MA around 2600 sats; A daily close beneath this would invalidate this bullish structure. Feel free to use our resistance levels as take-profit zones
-Happy Trading, FatPig Team