On this weekly chart of ZRX we can see ZRX has broken the major red resistance line. ZRX then went on to form an ascending triangle and broke through the lime green line.
The light blue resistance line at 0.79cents coincides with the RSI hitting it's own resistance level at 81.67 on the RSI.
If ZRX can break the light blue line the next target is the yellow resistance line is at 0.93cents where we expect some heavy resistance.
The RSI has hit 81.67 shown by a light blue resistance line.
On this daily chart below you can see the significance of the RSI blue line at 81.67
Is it a time to short when the RSI hits 81.67 or wait for the pullback and add to the long?
Happy trading legends!
HTBB
The light blue resistance line at 0.79cents coincides with the RSI hitting it's own resistance level at 81.67 on the RSI.
If ZRX can break the light blue line the next target is the yellow resistance line is at 0.93cents where we expect some heavy resistance.
The RSI has hit 81.67 shown by a light blue resistance line.
On this daily chart below you can see the significance of the RSI blue line at 81.67
Is it a time to short when the RSI hits 81.67 or wait for the pullback and add to the long?
Happy trading legends!
HTBB
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