MyCryptoParadise

Breakout from the Wedge: #ZRXUSDT Signals Potential 115% Gains

Long
BINANCE:ZRXUSDT   0x / TetherUS
💎Earlier this year, #ZRXUSDT broke above the Falling Wedge pattern, signaling a potential uptrend. The subsequent formation of higher highs and higher lows further reinforces bullish outlook.

💎In recent weeks, #0X has been consolidating just above the 88.6% Fibonacci support, aligning with a significant supply/demand zone established over the past year. As long as we maintain a daily close above the 88.6% Fib level, the stage is set for a remarkable price surge of over 115% in the weeks ahead.

💎Our attention now turns to the nearest major resistance and supply area near the 38.2% Fibonacci retracement. This presents a key target for potential gains.

💎While it's essential to acknowledge the current downtrend visible on the daily timeframe, it becomes paramount to closely observe the price action around the current support. MCP team is eagerly watching for signs of strength and confirmation.

💎Stay tuned, Paradisers! We'll be keeping a close eye on the developments and providing you with timely updates on #ZRX. Let's navigate this market together and seek those opportunities for success.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.