Hello, Traders
Following the impulse growth, the ZRX price went into a long consolidation of 60 days.
Based on the cumulative delta analysis from March 28, there is an increase in buying activity.
We can consider the purchases in the range of $1.71 - $1.83.
Stop-loss can be placed under $1.45
Targets by Fibonacci levels
$2,29
$2,69
$2,93
$3,09
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered a financial advice
Following the impulse growth, the ZRX price went into a long consolidation of 60 days.
Based on the cumulative delta analysis from March 28, there is an increase in buying activity.
We can consider the purchases in the range of $1.71 - $1.83.
Stop-loss can be placed under $1.45
Targets by Fibonacci levels
$2,29
$2,69
$2,93
$3,09
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered a financial advice