0x BINANCE:ZRXBTC broke bearish from the downtrend channel as btc dominance rises on a uptrend and the crypto market keeps seeing losses, these are just some potential support channels we could still see some move upward since the RSI is oversold and historically we have seen bounces from that point but with the current market situation other alts have proven to ignore this
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looks like we have had a decent bounce since the RSI went oversold and btc dominance has dropped to 55.6% thats a 2.2% drop so thats giving alts some room to run, (ZRX) looks bullish in the 4h with a potential bull flag, if we can close above the 21 day MA and the RSI breaks resistance we have a good amount of room to run on the upside :D
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the bull flag played out but we have to wait and see what happens next :D
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Well seems like that bull flag was the start of a the reversal :D