In some of my previous TA I said that recently I've seen a lot of coins doing a reversal between 0.618 and 0.716 Fib lines. The fact that price bounced on EMA 200 between those levels makes me think that this can possibly end up in a breakout.
The only bad sign is the daily candle which, should it close like this, would be bearish.
Remember that very often wedge retest support after the breakout.
Let's see what happens
The only bad sign is the daily candle which, should it close like this, would be bearish.
Remember that very often wedge retest support after the breakout.
Let's see what happens
Comment:
seems less likely to break out now... let's see if this goes down or keeps siding the wedge upper line
Comment:
it took the long way but after 4 days it seem to got out. Let's see if this can keep going up!
Comment:
looks like it's heading down again, bullish BTC is winning over ZRX