ZRX Completing Wave 2 Correction? (0x Weekly Forecast)

(February 20, 2020 7:30 PM EST)

Outlook:

ZRX’s recent bearish weekly candle is of course negative, though as it nears a typical Fibonacci retracement level, we are looking for signs of support and a bounce from there. If ZRX can find support around the 50 Week EMA and bounce higher — or simply trade sideways, then we may have a higher low…