swilton

ZRXETH Correction Reflection

Long
BINANCE:ZRXETH   0x / Ethereum
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4
Third of my ZRXETH series posts that has been playing out since July of 2019. ZRXETH has been correcting for several months after a huge pump in the fall, but I expect the correction to end soon. This post is slightly more premature than I prefer, but as a long-term swing trade opportunity, the trading window is pretty large. Technically, there could be some interesting upward movement very soon due to touch-back to previous horizontal resistance and some nice bullish divergence . I'm also hoping to maybe thread the needle in the 0.00092 zone, but in general am planning to stagger buys between here and there. STOP below the local low. If it falls below this region, it could get ugly.
Trade active: Thread the needle!
Comment: Bullish on every timeframe

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