jpbrown1023

ZRX - Great Long-Term Entry Point

Long
BINANCE:ZRXBTC   0x / Bitcoin
Looking at ZRX's daily chart, the last breakout completely retraced back into the triangle and bounced off an historical support area. With the price still within the confinements of a falling wedge and with bullish divergence on both the MACD and RSI indicators, I'll be looking for a big breakout once the price clears the 25MA. The daily MACD is also approaching the zero line which could do wonders for the price once broken. I'll be making a long purchase here.
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