This was my analysis, 11days ago on #ZRX #ox
After breaking out of wedge, #zrx went for a 1-5 impulsive seq:
Wave 1: 4.7ksats-11.8ksats
Wave 2: 78.6fib retrace
Wave 3: 1.618 ext of wave 1
Wave 4: 38.2fib retrace
Wave 5: 1:1 ext of wave 1
Wave c(Expected): 1.618 ext of wave a, around 50fib :14k-14.5k sats
https://t.co/oRT7Pamvi9
Since #ox was at my perfect re-entry zone which i had been waiting for 13 days now, i did this analysis today, earlier in the day.
#ZRX #ox is at perfect fib levels, matching 1.618fib extension of wave a, then 50fib retrace of 1-5 waves & at the 50DMA support, still i think its not a time to go all in on #ox, as it can test lower lvls. Laddering buys in region: 12.5k-14.5k sats is a good strategy. #Crypto https://t.co/0FjQsJx1dH
Right now,i.e 7 hours later:
#ZRX #ox has surged +55%๐ to 21.7k sats, after breakout of the triangle consolidation. Then immediately retraced around 61.8fib support to 16.83 sats. Currently its doing an ABC correction and finding support. 17ksats can provide short term support for #ZRX
https://t.co/w0ldBgW7bU
You can find the fully updated analysis on my Tradingview site as well here:
https://www.tradingview.com/chart/ZRXBTC/uODs686s-Zrx-breakout-55-up-currently-doing-ABC/
As well as on my twitter profile:
https://twitter.com/rajista007
If you found something useful here/benefited from my calls, then kindly hit the upvote/follow me here, #tradingview as well as in #twitter.
https://twitter.com/rajista007
https://www.tradingview.com/u/rajista/
If you are in a tipping mood , you can buy me a beverage :)
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Excellent post!
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