ZRXUSDT is moving through a consolidation phase, and has had a strong bounce from the bottom of its trend channel. StochRSI is reversing. We target a return to the upward trend.
Buy: 0.3400 - 0.3430
Target 1 - 0.3535
Target 2 - 0.3660
Target 3 - 0.3776
Target 4 - 0.3884
Stoploss: 0.3298
For the time it is still best to trade USDT pairs unless you are believing that this capitulation is a full bull move. I do not however believe we are bullish at all yet on anything but the short term with BTC. With this being seid ZRX is in a squeeze consolidation and looks ready to break upwards vigorously upwards assuming the overall BTC price holds sideways...
ZRX USD (analyzed with Richimoku & Kumo Waves)
Richimoku & Kumo Waves on Cardano / ZRX
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