ZRX - New UpTrend Formed. Continued growth incoming?
ZRX saw a big spike finally.
Looking at the 4H chart we see a clear uptrend has formed, with the dump stopping on it. This is right at the top of our historic Accumulation zone.
Volume has tanked, And I wouldn't be shocked if we had another correction down across the market before things keep building like crazy.
That said if we don't get a correction expect an easy re-hit on at least the first short term TP.
Beyond that indicators look great for some growth in the short term and a solid rebound, though we need volume for confirmation on which way we're headed.
This isn't financial advice.
Looking at the 4H chart we see a clear uptrend has formed, with the dump stopping on it. This is right at the top of our historic Accumulation zone.
Volume has tanked, And I wouldn't be shocked if we had another correction down across the market before things keep building like crazy.
That said if we don't get a correction expect an easy re-hit on at least the first short term TP.
Beyond that indicators look great for some growth in the short term and a solid rebound, though we need volume for confirmation on which way we're headed.
This isn't financial advice.
Come hang out with me on telegram, it's free and I won't be too mean too mean to you:
t.me/KadnimCrypto
t.me/KadnimCrypto
רעיונות קשורים
