View: slopechart_$ZRX.jpg

slopechart_$ZRX.jpg

ZRX, while generally following BTC and other cryptos trying to build an Inverted H&S, looks too weak to complete the pattern. The green trendline became significant when price dropped below $0.36 and later bounced off the confluence of that trendline and the band of support. A bounce to $0.45 would have been more constructive. The chart strongly suggest a retest of the band of support is on deck.

Image added via SlopeCharts
slopechart_$ZRX.jpg

Comments

Just arb the garbage. Easy money.
12/29/18
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