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

2019年11月1日

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

2019年11月2日

注释

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

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2019年11月2日

注释

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

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2019年11月2日

注释

Bulls taking control, after successfully navigating thru a Fib Cluster

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2019年11月6日

注释

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

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2019年11月7日

注释

Moment of Truth Higher Highs? or Double Top?

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2019年11月7日

注释

Rejection on First attempt

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2019年11月7日

注释

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

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