*UPDATE* ZRX 0x- nearing possible entry zone for 2x potential
5/27/18
- If you've been following my ZRX charts, you can see ZRX has respected these fib levels fairly well for the last month or so
- It's also one of the few alts that has been fairing well in this bear market
- for those that missed out on the entry zone at 13500, I think 15500-15300 is a good entry point long term as everyone is buying the rumor that it will be listed on coinbase soon
- Stoch RSI on the 4H is reset and looking primed for a potential bull run
- RSI on the 4H nearing oversold levels
- I am looking to sell in the 30000 sat range for potential 2x return, but please DYOR
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
- If you've been following my ZRX charts, you can see ZRX has respected these fib levels fairly well for the last month or so
- It's also one of the few alts that has been fairing well in this bear market
- for those that missed out on the entry zone at 13500, I think 15500-15300 is a good entry point long term as everyone is buying the rumor that it will be listed on coinbase soon
- Stoch RSI on the 4H is reset and looking primed for a potential bull run
- RSI on the 4H nearing oversold levels
- I am looking to sell in the 30000 sat range for potential 2x return, but please DYOR
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Comment:
- We got a great bounce and broke thru the 0.236 fib (17843)
- If we can hold at these levels, that would be a great bullish sign
- We may retrace back to 16200-16000 levels, but planning on holding regardless until the coinbase listing
- Stop loss set at 15900