0x almost on the run.

May 15, 2018

0x was on a decent uptrend for quite sometime, but fell off of it a few times by breaking 200EMA support on 1h chart. If 50 EMA crosses 200 EMA and points up then ZRX will break the 200 EMA resistance and continue on a bullish trend. The bullish divergence is one confirmation (Blue line on RSI) and the moving averages crossing is the second. IF moving average 50 EMA crosses 200 EMA and points down then the downward trend will start.

Still a beginner TA learner. Comments are welcomed.