ZRX Cup n' Handle with Equal Pennant

BINANCE:ZRXBTC   0x / Bitcoin
Hello, welcome to my ZRX analysis!

For ZRX we've started off making a cup and handle , completed the retrace, then moved into an equal wedge structure. The overall cup-target has not been completed for ZRX, therefore, after we break the pennant's upper trend we should see a decent run.

Green zones are targets, an entry currently would be when it decisively bounces off of the base of the wedge (Wave E) then proceeding to challenge a break out on the top giving time for you to react and hold till you see fit. If it is rejected then you can still sell for a profit. An appropriate stop would be below the pennant . Unlike with ICX where, where we saw the same structuring, we'll likely have BTC working with us this time.

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The link is still available on my profile, good luck trading!
Comment: There was no entry as we did not bounce from wave E, just moved horizontal until we landed at 11k; this being our 50% retrace for a cup and handle pattern. The targets are still applicable, sorry for the late update, discord is my priority for posting.
what happen to the cup and cup still empty...
+1 Reply
thomas58700 Abdallahm
@Abdallahm, 11k would've been the 50% retrace on the cup n handle, targets still apply
Abdallahm thomas58700
@thomas58700, thanks that was helpful..
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