Shotokhan

perfect symmetrical triangle

Long
Shotokhan Updated   
BINANCE:ZRXUSDT   0x / TetherUS
Price has been bouncing well into this triangle. Right now indicators don't say much, the most significative is EMA 200 at 4h timeframe which shows current price (1.39 at the time of writing) hitting against it. Also, ichimoku has price inside a cloud at daily but at 4h resistance is just over the upper triangle's border.

The resistance drawn at 1.57USDT shows the level over which I'll consider the possible break out to do very well, should the price bounce back there don't worry, it'd be normal. Should it bounce more 3 times, do worry!

If you wanna join the trade enter 30% inside the triangle and the rest after seeing what's gonna happen against the resistance.

The FA on this project is good so, in the long run I expect it to do well on this pair as well as on the BTC's one
Comment:
breaking out. Watch this closely!
Comment:
Almost +13% since breakout and +18% since my call on ZRX. I'm trading against BTC and hopefully as soon as this last one settle down ZRX will catch up even there. Congrats if you followed my call!
I expect ZRX to do very well in the mid and long term
Comment:
Almost 50% profit so far since my call. Congrats if you followed it!

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