EuroMotif

ZRX.USD looks poised for a Break Out: 0x price zones of interest

EuroMotif Mod Aggiornato   
ZRX looks to be following Bitcoin finally, pushing on a ceiling.
We are up against a resistance zone now, may well pull back a bit.
But if we break above, there is room before next Major Resistance.

If not already long, then consider:
a) Aggressive entry immediately upon break out.
b) Conservative entry after break an retest of ceiling.

.2705 - .2719 is immediate resistance and possible end of a wave.
.3017 - .3023 is first Major resistance, expect a retrace from there.,
.3261 - .3282 is next Major resistance and probably a top for a while.

Chart Notes:
Drag UP on the PRICE scale to reduce overlapping numbers.
Drag LEFT on TIME scale to see more history and Fib sources.
Drag Up/Down on chart to see zones above/below window.

Previous ZRX Analysis (click):
$ 0.26 Bounce Call
$ 0.34 Top Warning
$ 0.15 Bottom Call
$ 0.275 Break Out
Apr 2019 Bottoming Process

Commento:
Nice break and Retest of Immediate resistance But might need a couple more runs to push through .275-.277.
My loading zone is .27 down to .26, bail at .25 if it goes that low

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Commento:
So much for the break out, bulls look every tired Lets see if 26 cents holds, that was once support...

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Commento:
Yup, definitely screwed up with that red 4.618 It was pierced but only for a moment and then rejected.
As mention, it was expected that this resistance would be felt.
Actually it is LESS suspicious now, behaving as it SHOULD.

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