Shwayze

ZRXBTC redrawing trendlines with new lows, falling wedge

Short
POLONIEX:ZRXBTC   0x / Bitcoin
ZRX continuing to trend downwards, as it finds bottom. With new lows, we draw new trend lines. Hopefully bottom will be no lower than .00005. Until then, expect it to stay in channel. If it breaks downward we could see .00003.

Falling wedge is usually a preliminary indicator that there will be a reversal coming. Keep your eyes out for a breakout.

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