0x (ZRX) Consolidating, Potential Bullish Move Ahead

0x (ZRXBTC) has been consolidating and holding the same support level for multiple months now.

The trading volume is stagnant which signals that this is an accumulation phase.

A strong bullish move can easily follow.

Conditions for change
The above signal is only true if prices remain trading above the MA200 black line. If prices break below this level, the above analysis becomes invalid.

Thanks a lot for your continued support.

Namaste.

Kommentera:

This one is also looking good... It made a bullish breakout.

Enjoy the profits.