ZRX.usd Long entry for the "Faithful": ie not a popped bubble?

20 Jun 2020

Just a quick look at possible long entry with clear targets and stop loss.
For the "faithful" as in the recent massive pump may have been "it".
But even in a deflating bubble there are waves that can be ridden.

Here is that fib series in its entirety:


And a ZOOM on that launch Pad I was posting that in chat but was not at a computer to publish Idea till now.

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20 Jun 2020

Catatan

Perfect Bounce, but is it done?

Caught that bounce perfectly but has not reached target

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Zoom IN (3 min) and adding a "Golden Fib"
"Golden" as in Parabolic as opposed to Linear like I mostly use.
Linear = 2.618, 3.618, 4.618, etc
Golden = 1.618x the last major level, so 2.618, 4.236, 6.853, etc

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Zoom IN more (1 min) and we have yet another Golden Fib for the little bounce thus far And shows $ .3468 will be an upcoming hurdle.

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SUMMARY:
- still looks bullish, with a new Golden wave underway.
- key level will be $ .3458

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24 Jun 2020

Catatan

TP1 acheived.

Hit the first target exactly Dont think it is done yet, but might pullback a bit as it has been doing.

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