jreilly1310

ZRX Parallel Channel Tightens Above Mid-Line

ZRX has been riding steady in this channel for about 5 days now. Sure it's a fairly large window between $1.29 and $1.70, but it's starting to tighten.

As the 200 MA continues to rise, so do the chances of a move above the parallel channel.VPVR showing support at $1.47. RSI keeping steady below 60. MACD has been steady and is shaping up for positive momentum.

All indicators pointing in the right direction!!!

J-DOT-CRYPTO

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.