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(ZRX) - Downward trend has started, unless there is a break of the trend we should hit the targets stated. Sideways trading could be a possibility and volatility has been low in the past 5 weeks.
A continuous fractal pattern has occurred in 0x causing repeated price movements of approximately 25%+
On this date, the fractal is in a stage that appears to be a downtrend possibility for 16% downtrend from $.85 to around 74-77 cents
This is in week 1 out of a standard 2 week pattern, check for buys here on Nov 1st
ZRX is working out just like a planned, Broke trend line, acted as support then we flew in a 12% in 1 hour.. Lets just our eyes on this.
ZRX has been flirting with Coinbase for a few months now. This could happen and if so, I believe this is where we will stand.
ZRX finds resistance at $0.68. A daily closure above this zone and we could see (Red Zone) $0.81. But pressure of Bitcoin falling ZRX could be seeing $0.45 again (Green Zone) but with the Coinbase rumour swirling around we could see a major run to ATH for ZRX soon. Possible $5...
ZRX has had Two big swings and is looking for a third swing, looking to set up towards $1.20. Next resistances stands at $0.85.
. 0X/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility of temporary ...
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price comes to ...