ZRXBTC
ZRXBTC good level to entry the market It is quick look at this pair. There is consolidation after pair reached another psychological level after 10k which is 5k. It seems that it has hard time to go lover. There is triple bottom formation on 1H chart which may suggest bullish movement in near term. I;m aware that it is very fresh chart and technical analyst shouldn't be apply here but if U look to buy mentioned signals are suggesting that it is good time and if it will go lower U will risk not that much.
I would suspect that the pair will try to beat 10k level one more time
Ox TIME TO ACCUMULATE. If ox (ZRX) breaks through the resistance on the graph you will most likely see an uptrend to the white line, where it may correct short-term and then continue to grow further.
ZRXBTC redrawing trendlines with new lows, falling wedgeZRX continuing to trend downwards, as it finds bottom. With new lows, we draw new trend lines. Hopefully bottom will be no lower than .00005. Until then, expect it to stay in channel. If it breaks downward we could see .00003.
Falling wedge is usually a preliminary indicator that there will be a reversal coming. Keep your eyes out for a breakout.
