Hello all my friends! I am back with another quick trade idea for everyone!!! Make sure to like and follow to be updated on all upcoming altcoin breakouts!
Lets get to the technical side of things and give everyone a quick overview on ZRX
as well as what is around the corner as far as price action goes. As we can see ZRX has
hit resistance attempting to break out at 8414 on Binance with the current volume of BTC
at 550 for the 24 hr. What i predict will happen with ZRX is that it will break above the 8414
within the next 48 hours upon breaking out i will be expecting this to reach the 9100's level
not only a personal TARGET that i have placed but also where i am seeing resistance at. After we
reach the 9100's level expect the retrace down to the 61.8 fib level which is also going to be support
between 8400 to 8600 level. REMEMBER generally prior resistance can act as support following breakouts.
Also if you want more ACTIVE UPDATES on some of you favorite altcoins then make sure to join my DISCORD community
LINK is below in the SIGNATURE box!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
Lets get to the technical side of things and give everyone a quick overview on ZRX
as well as what is around the corner as far as price action goes. As we can see ZRX has
hit resistance attempting to break out at 8414 on Binance with the current volume of BTC
at 550 for the 24 hr. What i predict will happen with ZRX is that it will break above the 8414
within the next 48 hours upon breaking out i will be expecting this to reach the 9100's level
not only a personal TARGET that i have placed but also where i am seeing resistance at. After we
reach the 9100's level expect the retrace down to the 61.8 fib level which is also going to be support
between 8400 to 8600 level. REMEMBER generally prior resistance can act as support following breakouts.
Also if you want more ACTIVE UPDATES on some of you favorite altcoins then make sure to join my DISCORD community
LINK is below in the SIGNATURE box!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!