Macro Analysis" targeting 10Billion Valuation and 10$ for 2022
Zrx and the year of Ox have definitely synergized this year! Hard the trading community fought for this little gem to keep it above a dollar in the early days, but the bears owned the market.
Everything changed after Covid hit. The maturing market of DEFI and DEX was destined to create great things, as developers worked tireless to improve the protocol and release new version in the late December of 2020.
Let's review previous TA before we can look further into the bright future that ZRX will create for those that believe in the project.
__REVIEW__
First, TA was incorrect for targeting prices. We did not reach $1.6 by octover, we only reached that in January of 2021!
Second: It was correct to assume that that channel resistance would play a significant blocker for continuation of price ascend and buying at these level was and is a MISTAKE!
Three: 15 min trend line as an indicator for possible sell, was a good call.
Four: Bounce on channel was weak and uninspiring, and once broken, your position should have been cash.
Five: Base was the winner. Base formation was the correct assumption, and after two month of accumulation, the fundamentals have finally kicked in and we have rally into $2.20.
--------------------------------------------------------------------------
What is next?
So in theory, if you look at the speculators notification you can see that, we are hitting a 4th sell peak.
And as you have noticed in shorter time frames that we have already toched .32 Fibernacci corrections - $1.20 a few times. However, the $1 dollar held and it appears to be not going to go bellow anytime soon.
Therefore, we may assume that the demand is actually quite healthy for ZRX and price is not yet fully reflecting such a demand. So it is very possible that ZRX is actually heading into $3-4 in the near future perhaps late March.
I expect summer 2020 to be very news loaded, we have a lot of Fractals in that time frame.
Long Goal:
I have no doubt that ZRX future in 2022 is going to be even better than this year. We are probably going to hit higher targets above $5 and may actually hit $10 with market cap of $10 billion.
Unfortunately, i doubt it will be as simple as we are going vertical but one way or another if channel holds we should eventually get there.
Keep that in mind when you take profits or holding strong.
This chart is very heavy with comments please take time to undertand what they represent.
___FRACTALS___
March 26, April 27, June 16, July 18, August 20, September 13, October 27: Feb 22]2022, Jun 11'2022
PS: More Technical Analysis will published, returning to the scenes of Fractal Art!
Report is still delayed, but if you read my reports before, you know where i stood on all of this!
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
Everything changed after Covid hit. The maturing market of DEFI and DEX was destined to create great things, as developers worked tireless to improve the protocol and release new version in the late December of 2020.
Let's review previous TA before we can look further into the bright future that ZRX will create for those that believe in the project.
__REVIEW__
First, TA was incorrect for targeting prices. We did not reach $1.6 by octover, we only reached that in January of 2021!
Second: It was correct to assume that that channel resistance would play a significant blocker for continuation of price ascend and buying at these level was and is a MISTAKE!
Three: 15 min trend line as an indicator for possible sell, was a good call.
Four: Bounce on channel was weak and uninspiring, and once broken, your position should have been cash.
Five: Base was the winner. Base formation was the correct assumption, and after two month of accumulation, the fundamentals have finally kicked in and we have rally into $2.20.
--------------------------------------------------------------------------
What is next?
So in theory, if you look at the speculators notification you can see that, we are hitting a 4th sell peak.
And as you have noticed in shorter time frames that we have already toched .32 Fibernacci corrections - $1.20 a few times. However, the $1 dollar held and it appears to be not going to go bellow anytime soon.
Therefore, we may assume that the demand is actually quite healthy for ZRX and price is not yet fully reflecting such a demand. So it is very possible that ZRX is actually heading into $3-4 in the near future perhaps late March.
I expect summer 2020 to be very news loaded, we have a lot of Fractals in that time frame.
Long Goal:
I have no doubt that ZRX future in 2022 is going to be even better than this year. We are probably going to hit higher targets above $5 and may actually hit $10 with market cap of $10 billion.
Unfortunately, i doubt it will be as simple as we are going vertical but one way or another if channel holds we should eventually get there.
Keep that in mind when you take profits or holding strong.
This chart is very heavy with comments please take time to undertand what they represent.
___FRACTALS___
March 26, April 27, June 16, July 18, August 20, September 13, October 27: Feb 22]2022, Jun 11'2022
PS: More Technical Analysis will published, returning to the scenes of Fractal Art!
Report is still delayed, but if you read my reports before, you know where i stood on all of this!
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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