ZRXUSD - Not looking too pretty at the moment!
NOTE: This is all based on Coinbase which has very little historic data so please bear that in mind.
Seems to be stuck in a channel which is coming to the end of a descending triangle - BTC is not looking pretty at this time either which may negatively impact ZRXBTC / ZRXUSD.
Overall view
It seems to be coming to a make or break point and looking 50/50 atm (looks like it didnt respond very well to BTC little dip this morning (25/10/18)
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closer view
as you can see its in a little channel at the moment (purple zone) but it seems to have some good resistance @ 0.83/.84 (blue box) but if it pushes down from here there is no historic support until like .74/.72 which isn't very pretty..
This is either a good time to go long or a very good time to ride back down to 0.72 and reevaluate from there.
Trade safe people!
Seems to be stuck in a channel which is coming to the end of a descending triangle - BTC is not looking pretty at this time either which may negatively impact ZRXBTC / ZRXUSD.
It seems to be coming to a make or break point and looking 50/50 atm (looks like it didnt respond very well to BTC little dip this morning (25/10/18)
--
as you can see its in a little channel at the moment (purple zone) but it seems to have some good resistance @ 0.83/.84 (blue box) but if it pushes down from here there is no historic support until like .74/.72 which isn't very pretty..
This is either a good time to go long or a very good time to ride back down to 0.72 and reevaluate from there.
Trade safe people!
CE - BitDoctor
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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.
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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.