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rafferta

ZAPETH Cycle

ZAP Token / Ethereum (HITBTC:ZAPETH)  
rafferta  
HITBTC:ZAPETH   ZAP Token / Ethereum
Fractal Trend Lines Moving Averages
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fractal trendline movingaverage
Even further indication that ZAP cycle could be ready to turn up on the 4H chart.

Reasons to be bullish:
  • >70% retracement from previous high.
  • Higher low.
  • Hidden bullish divergence.
  • Break out of descending resistance.
  • Price under 50, 100, 200 MA
  • 50 MA under 100 and 200 MAs and beginning to curl up.

Reasons to be bearish:
  • Only 72% retracement from second pump compared to 83% in the first pump.
  • Already risen 2400% from bottom.
  • Market uncertainty at the moment.

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