Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
ZCX has recently broken above the resistance trendline and the 21 EMA. The chart looks promising, and a final retest could offer a better opportunity to accumulate ZCX.
ZCX must maintain its price above the trendline to sustain the bullish sentiment. A 2-day candle close below the $0.0563 support level will likely invalidate this rally.
Key Observations:
- Support/Accumulation: $0.0702 to CMP.
- Target: 5x gain.
- Invalidation: A 2-day candle close below the $0.0563 support.
DYOR. NFA.
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