So it has been a wild couple of days in the CryptoVerse.
ZRX like many alts slid further due to Bitcoin uncertainty.
Now at a STRONG resistance that may take several attacks.
Below is the "Impulse Core", most concentrated buying power.
Ideally bulls break the Resistance above without visiting the Core.
Even then they still face the "NeckLine" where bears will be shorting.
I have noticed that ZRX is often one of the late risers.
Once bitcoin calms down, other alts seem to go first.
But when the Princess wants to play, look out above.
0.2336 - 0.2346 is near resistance clearly visible to the naked eye.
0.2457 - 0.2465 will bring new shorts and under water longs exiting.
0.2585 - 0.2598 should not be very strong but will surely be noticed.
See my previous ZRX.usd plots in the "Related Links" below.
Admittedly, this Princess has been difficult for me to gauge.
She seems well adjusted one minute, next minute a hissey fit :(
ZRX like many alts slid further due to Bitcoin uncertainty.
Now at a STRONG resistance that may take several attacks.
Below is the "Impulse Core", most concentrated buying power.
Ideally bulls break the Resistance above without visiting the Core.
Even then they still face the "NeckLine" where bears will be shorting.
I have noticed that ZRX is often one of the late risers.
Once bitcoin calms down, other alts seem to go first.
But when the Princess wants to play, look out above.
0.2336 - 0.2346 is near resistance clearly visible to the naked eye.
0.2457 - 0.2465 will bring new shorts and under water longs exiting.
0.2585 - 0.2598 should not be very strong but will surely be noticed.
See my previous ZRX.usd plots in the "Related Links" below.
Admittedly, this Princess has been difficult for me to gauge.
She seems well adjusted one minute, next minute a hissey fit :(
코멘트:
Argh, looks like I screwed up a bit.
So now if I extend the 4.618 line, we see the current and recently past action at that line.
I probably should have a placed a taller red zone, to include that red 4.618 as the top boundary.
Disappointed, I usually catch such things.....
.
I had the red 4.618 on chart, and clearly the 3.618 above was quite relevant. So now if I extend the 4.618 line, we see the current and recently past action at that line.
I probably should have a placed a taller red zone, to include that red 4.618 as the top boundary.
Disappointed, I usually catch such things.....
.
코멘트:
We have a definite break through
Zoomed IN, it would be nice to see a retest of that zone
.
Zoomed IN, it would be nice to see a retest of that zone
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
a) Bulls are not taking profit (or did last touch).
and
b) Bears are not yet jumping in with shorts.
Zoomed in we see the Tiniest little green shoot poking above fib line
.