Shotokhan

ZRX in a good position

Long
Shotokhan Updated   
BITTREX:ZRXBTC   0x Protocol / Bitcoin
I haven't posted for a while about ZRX, recently it broke out from a triangle big triangle but the breakout didn't lead to a huge pump. Right now I noticed that price is getting squeezed between a trendline and EMA 200 so at one point I expect this to break upward, especially if BTC remains stable.

An important data is VLPR, look at the control line, the buys at that price are a LOT and sells are very little so I think price should at least hold that level. Use a tight SL, EMA 200 must be your limit.

Good luck
Comment:
break out happened as expected, let's see if it continues going up! Off course if BTC starts pumping it will stop!
Comment:
break out went the way I told you guys, I hope you entered at my signal! Right now BTC is at resistance so if it dumps it's possible ZRX will follow, if BTC remains close to the R I think ZRXBTC can still go up. If you wanna take some profit do it otherwise set a SL

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