cryptowatch0110

cryptowatch0110

It looks like ZRX/BTC is bouncing nicely from the Fib 0.618 support level , and the RSI is in oversold territories, but it lacks volume . SO, no certainty yet. The uptrend confirmation will come if it sustains above the 0.5 Fib and the downtrend line (blue). On the other hand, we may call it a downtrend if it goes below the larger uptrend line (green). Thoughts?