✳️ 0x Easy 70% vs Bitcoin (High Probability!)

15 Okt 2023

This is a short-term move and definitely there is potential for additional growth, with that said, let's dive into ZRXBTC.

Here we can see a strong challenge of MA200 on the 8th of October with ZRXBTC closing below this level (black line on the chart).

Today this level is being left behind.
MA200 = Long-term bias.

Now that ZRXBTC is trading daily above MA200, the doors are open and confirmed for long-term growth.

We can see a fast jump towards the target mapped on the chart, 0.00001335 (70%), with more after a small retrace.

This analysis is supported by additional bullish signals such as the RSI, trading volume and MACD.

Invalidation happens on a full candle close below the last low.
A stop-loss can be set around 660 sats or anywhere you prefer based on your own trading style and risk tolerance... This is a high probability chart setup.

Namaste.