ZRX is still forming a handle from previous big cup and handle pattern which took 3 months to fully form
Some things to note here
Coinbase announced today that it will list ETC in the next few months, the first of potentially multiple new tokens on their site
Below 12k Sats spells danger for the pattern AND near 11k Sats ($0.75) this handle will be below the halfway mark down the bowl and the pattern will be no longer valid!
Some things to note here
Coinbase announced today that it will list ETC in the next few months, the first of potentially multiple new tokens on their site
- Price is moving sideways and downwards in a range of about 18k-14k Sats
Support waiting at 13k Sats in the mean time
Still waiting a major bounce from one of supports or broken trend and ultimately awaiting continuation pattern upwards
ZRX Appears oversold with current RSI sitting on 13 which may usher a bounce at current level
Below 12k Sats spells danger for the pattern AND near 11k Sats ($0.75) this handle will be below the halfway mark down the bowl and the pattern will be no longer valid!
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