Interesting hidden bullish divergence on ZRXUSD. A bull flag breakout could push the price above $0.45. Tight stop in this case to reload at lower levels in case of a breakdown. Let's see what happens.
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Not a huge fan of the price and volume action so far. Most of the market moved up while ZRX sat totally idle. Total indecision. This lagging behavior has been pretty common for the last couple of months, but somehow it still manages to pull ahead of the pack. I'm not out, but confidence is dropping. The smarter move is to just wait for a clean break.Note
Stopped out, but there is a lot of interesting support between 0.372 and 0.353. Full disclosure, I will be heavily adding to longs right now, and in this area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.