People have asked me what my thoughts are now that ZRX has tested the $1.74 resistance and has pulled back to the current $1.56 price. Well, I think it's still clear for lift off. I use different approaches to time my trades and all my analysis indicate that we are heading up. I have broken it down to 4 windows. 1) Fibonacci Extension 2) Trading Channel 3)...
Original post on ZRX was on March 11, 2021 showing a consolidation of price. We have broken past the first resistance at $1.40 and blew past the next one at $1.60. Now it's challenging the $1.74 resistance. If it can break past it, I see smooth sailing up to $1.90.
1st idea being published. I've been tracking ZRX for some time now and it looks like it's getting ready for a possible breakout after this recent accumulation. I would like to see it test the $1.89 resistance from February 21, 2021.