ZRXUSD poised for a Breakout: 0x range bound Spring to pop?

ZRX has been stuck in a precise Fib range.
The reflections might be done with a higher low.
Breakout of the zone will be key, buy on retest.

0.28 is the key price to break above.
0.30 will be first target and resistance.
0.34 should be reachable if bulls continue.

Kommentera:

Still bouncing around the zone, BUT the bottom is being held PRECISELY with several breaches of cieling.

So am hoping it next breakout might run

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Kommentera:

oh boy, another bad sign. Last bounce looks to be rejected from the Fib line in between zones

I do not think the floor will hold this time. If it breaks, I will plot new support zones and post a new Idea.

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Kommentera:

As feared, we just fell through the Floor

will need to evaluate this down move to look for targets ....

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Kommentera:

Finally, a breakout and retest. This might be 'the' one to launch this

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Kommentera:

Beautiful Ping of higher resistance

might need to consolidate between zones for a bit, but I think it is on its way finally!

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