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Jnsane
Jan 18, 2019 10:26 AM

#ZRX / BTC (0x) algo play Long

0x / BitcoinBinance

Description

We never met the the negative 0.236 which is an algo target of this fib and as predicted we bounced from 77, although still inside a falling wedge and the big triangle trend line, we didn't want to play that.

On the daily and big picture we have a big ass hidden bullish divergence but right now playing a bearish hidden divergence that will take RSI down to touch again and mark a final point on that RSI trend line, thus very, very strong hidden bullish divergence on the overall picture here and this normally means continuation of uptrend, in this case will be start of uptrend.

The start of this fib is our short term target as same as 200 EMA (purple and not static), once we get above 200 EMA or 0.236 fib we are long until the 0.65 fib algo target.

I've been neglecting 0x since Coinbase listing, but this is a prime chart with a lot of potential. Enjoy!

PM if you'd like to join me!
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