Hello friends, looking at the chart.
0x (ZRX) has been made a decent growth past a few weeks. What we can we expect now?
- ZRX still moving in major downtrend channel
- Formed M shape at Major downtrend top resistance line
- EMA50 line was support and now confirmed it's acting as a resistance.
One thing I doubt is ZRX/BTC pair is drawing kind of ascending triangle.
So several targets for Shortes would be the best!
Trade with your own risk.
Thank you for your likes and comments.
0x (ZRX) has been made a decent growth past a few weeks. What we can we expect now?
- ZRX still moving in major downtrend channel
- Formed M shape at Major downtrend top resistance line
- EMA50 line was support and now confirmed it's acting as a resistance.
One thing I doubt is ZRX/BTC pair is drawing kind of ascending triangle.
So several targets for Shortes would be the best!
Trade with your own risk.
Thank you for your likes and comments.
Comment:
ZRX/USD price has broken down descending triangle and targer #1 is reached! Congratulation! More room to go down, but small correction is expected.
