ZRX.USD bounced EXACTLY as expected but about done? 0x top watch

1 בנוב׳ 2019

Follow up to my last Plot looking for a Bounce at 26 cents (click).

ZRX has been very strong since bottoming and then consolidating.
Break out from resistance ceiling was perfect with an exact retest.
Now approaching possible Wave End Points, that could cause retrace.

0.308-09 is current resistance which should cause a dip.
0.316-17 is most likely target and possible Top for a while.
0.328-31 if reached will almost definitely end this wave.


Previous ZRX plots:
26 cent Bounce Call
34 cent Top Call
15 cent Bottom Call
May 2019 breakout
Apr 2019 Bottom

2 בנוב׳ 2019

הערה

Pulling back as expected. First line of defense for bulls coming at the green 2.618

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2 בנוב׳ 2019

הערה

So much for that first line of defense, breached. Time to fall back to second line of defense.

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2 בנוב׳ 2019

הערה

Bulls taking control, after successfully navigating thru a Fib Cluster

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6 בנוב׳ 2019

הערה

ZRX minding its fibs very politely Looks like it will go for next reistance above, .316-317

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7 בנוב׳ 2019

הערה

Moment of Truth Higher Highs? or Double Top?

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7 בנוב׳ 2019

הערה

Rejection on First attempt

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7 בנוב׳ 2019

הערה

That was a rejection allright, BUT we have a clean bounce on top of a fib band

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