KenyanMiner

ZRX/USD Pair: Target -9% in 24 H (Support/ Resistance)

Short
The BB upper band has crossed the bull candle at the tip of the bullish trend showing a signal of a bear trend. The Stochastic oscillator is above the middle level heading towards the overbought level (currently oscillating around 79) also signaling a strongly bearish. This offers an excellent selling opportunity for ZRX investors. The price targets the resistance level at $0.305078 (the purple rectangle), which if broken 0x investors will hope for a strong bullish run. However, if resistance is NOT broken the price signals a bearish reversal.

Target: -9.28%
Time limit: 24 H

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