ZRXUSD
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
ZRX - Can it break 0.79c? RSI indicates the way forwardOn this weekly chart of ZRX we can see ZRX has broken the major red resistance line. ZRX then went on to form an ascending triangle and broke through the lime green line.
The light blue resistance line at 0.79cents coincides with the RSI hitting it's own resistance level at 81.67 on the RSI.
If ZRX can break the light blue line the next target is the yellow resistance line is at 0.93cents where we expect some heavy resistance.
The RSI has hit 81.67 shown by a light blue resistance line.
On this daily chart below you can see the significance of the RSI blue line at 81.67
Is it a time to short when the RSI hits 81.67 or wait for the pullback and add to the long?
Happy trading legends!
HTBB
ZRX | 18th August | Whats happeningAfter smashing thru .55 level ZRX breached the .60 level and pulled back to the .55 zone where it found local support. Now ZXR has printed a local higher low/double bottom at .55 level, rounding its bottom and signaling more room for growth.
Entry - .575
Exit - .66 and .75
SL - .54499
ZRX - 0xWe can see long term accumulation before the pump
I see a bull flag
Next few days we will see break out all resistance
Best regards EXCAVO