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EuroMotif
Apr 7, 2024 6:49 AM

ZRX.usd Correction done? ABC wave looks complete 

0x / United States DollarCoinbase

Description

This is a follow up to my
(click).

Retrace has painted a nice ABC corrective wave.
The ratios and fib action suggest retrace is done.
At the very least, we should get a decent bounce.

$ 0.6033 - 0.6172 is the immediate support.
$ 0.3954 - 0.4201 is the next major support.
$ 0.8983 - 0.9076 is the first major resistance.

Comment

ZRX abc was done
until BTC zapped it

... lol ...

But notice WHERE it hit and the subsequent price action


Still a chance we resume uptrend,
but of course depending on the King.

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