0x (ZRX/BTC) - Daily chart cup and handle indicates a surge

8 thg 6, 2018

On the daily chart, you can see the cup and handle pattern, and the handle currently looks like a bull flag. Those two pattern combining indicate a surge in price and new highs ahead. Currently, the bull flag is in play, but if the price breaks out from the downside the dominant handle pattern will be a descending channel, and we are in for more corrective waves before new highs.