Here is another Altcoin trading pair that is looking great currently, this is a high probability setup.
0x (ZRXUSDT) is moving above MA200 to the upside for the first time since February 2021.
This is matched by the highest volume daily since February 2021.
The highest buy volume came in 8-October.
We have two really strong signals supporting each other:
➖ Break above MA200;
➖ Ultra-high buy volume at low prices.
The classic signals are also in place:
➖ Long-term higher low (Aug. '23 vs Dec. '22)
➖ RSI above 60.
➖ Bullish MACD.
Keeping it simple, this Altcoin is preparing for a major bull-run.
It will take time to develop, slow and sustained growth.
There will be retraces and corrections along the way, but the year when it all happens is 2024.
Namaste.